Swannanoa, NC housing market
The typical Swannanoa home is worth about $354,000, down 4.9% in a year, 6% above the North Carolina typical home.
Home values, sales, trends and how Swannanoa compares with the towns next door — updated as new data is published.
Swannanoa at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Swannanoa | North Carolina |
|---|---|---|
| 2017 | $198,000 | $179,000 |
| 2018 | $218,000 | $190,000 |
| 2019 | $231,000 | $203,000 |
| 2020 | $245,000 | $215,000 |
| 2021 | $272,000 | $242,000 |
| 2022 | $314,000 | $287,000 |
| 2023 | $349,000 | $320,000 |
| 2024 | $375,000 | $332,000 |
| 2025 | $385,000 | $338,000 |
| 2026 | $366,000 | $336,000 |
| August 2026 | $354,000 | $335,000 |
Swannanoa and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Swannanoa | $354K | −4.9% | $1,370 | — | $69,760 |
| Black Mountain | $456K | −3.6% | $1,480 | 48 | $77,042 |
5.1 years of income
The typical Swannanoa home costs about 5.1 years of the town's median household income, more than across North Carolina (4.6 years).
How Swannanoa ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,370
HUD's Fair Market Rent for a two-bedroom in Swannanoa is $1,370 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Swannanoa pay a median of $788, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,170 · 4 bedrooms $2,320
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28711, 28778; Asheville, NC MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.