Valley Hill, NC housing market
The median sale price was $635,000 in May 2026.
Home values, sales, trends and how Valley Hill compares with the towns next door — updated as new data is published.
Valley Hill 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.
Home prices up 60% in 5 years
The federal house price index for the ZIP code around Valley Hill rose 60% over the past 5 years, about the same as across North Carolina. Prices were about flat last year. Carrying the Census median home value forward with that index puts the typical Valley Hill home at roughly $627,000 today.
Show as a table
| Year | Change that year | Since 2000 | North Carolina since 2000 |
|---|---|---|---|
| 2025 | −0.1% | +200% | +159% |
| 2024 | +7.1% | +200% | +153% |
| 2023 | +7.8% | +181% | +141% |
| 2022 | +26% | +160% | +121% |
| 2021 | +10% | +107% | +83% |
| 2020 | +4.9% | +88% | +62% |
| 2019 | +5.9% | +79% | +56% |
| 2018 | +7.2% | +69% | +47% |
| 2017 | +7% | +58% | +39% |
| 2016 | +5.1% | +47% | +31% |
| 2015 | +3.5% | +40% | +26% |
| 2014 | +5.2% | +36% | +21% |
| 2013 | −0.1% | +29% | +18% |
| 2012 | −5.5% | +29% | +17% |
| 2011 | −5.8% | +36% | +20% |
| 2010 | −5.3% | +45% | +25% |
| 2009 | −1.9% | +53% | +32% |
| 2008 | +0.4% | +56% | +36% |
| 2007 | +7% | +55% | +34% |
| 2006 | +12% | +45% | +28% |
| 2005 | +8.2% | +29% | +19% |
| 2004 | +4.2% | +19% | +12% |
| 2003 | +3.8% | +15% | +8.3% |
| 2002 | +2.9% | +10% | +6.7% |
| 2001 | +7.4% | +7.4% | +4.2% |
| 2000 | — | — | — |
How Valley Hill ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 28739, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Valley Hill and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Valley Hill | — | −0.1%† | $1,370 | $86,599 |
| Laurel Park | $512K | −0.6% | $1,370 | $90,000 |
| Hendersonville | $408K | −1.7% | $1,390 | $53,449 |
† FHFA price index change, where Zillow has no home value for the town.
4.1 years of income
The typical Valley Hill home costs about 4.1 years of the town's median household income, less than across North Carolina (4.6 years).
How Valley Hill 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 Valley Hill is $1,370 a month, utilities included: roughly what a modest, recently rented unit costs. A two-bedroom takes about 19% 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 (28739; 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. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.