Woodfin, NC housing market
Homes typically sell in 105 days, below asking.
Home values, sales, trends and how Woodfin compares with the towns next door — updated as new data is published.
Woodfin at a glance
A buyer's market
More homes are for sale than are selling — about 9 months of supply. Buyers have room to negotiate.
Home prices up 57% in 5 years
The federal house price index for the ZIP codes around Woodfin rose 57% over the past 5 years, about the same as across North Carolina. Last year prices rose 3.5%. Carrying the Census median home value forward with that index puts the typical Woodfin home at roughly $614,000 today.
Show as a table
| Year | Change that year | Since 2000 | North Carolina since 2000 |
|---|---|---|---|
| 2025 | +3.5% | +263% | +159% |
| 2024 | −0.9% | +251% | +153% |
| 2023 | +14% | +254% | +141% |
| 2022 | +19% | +210% | +121% |
| 2021 | +13% | +160% | +83% |
| 2020 | +3.4% | +131% | +62% |
| 2019 | +2.9% | +123% | +56% |
| 2018 | +6.6% | +117% | +47% |
| 2017 | +7% | +103% | +39% |
| 2016 | +6.7% | +90% | +31% |
| 2015 | +4.5% | +78% | +26% |
| 2014 | +7.5% | +71% | +21% |
| 2013 | +1.1% | +59% | +18% |
| 2012 | −0.1% | +57% | +17% |
| 2011 | −3.3% | +57% | +20% |
| 2010 | −6.6% | +62% | +25% |
| 2009 | −3.5% | +74% | +32% |
| 2008 | +0.6% | +80% | +36% |
| 2007 | +8.2% | +79% | +34% |
| 2006 | +13% | +65% | +28% |
| 2005 | +15% | +47% | +19% |
| 2004 | +7.9% | +28% | +12% |
| 2003 | +3.5% | +18% | +8.3% |
| 2002 | +7.5% | +14% | +6.7% |
| 2001 | +6.2% | +6.2% | +4.2% |
| 2000 | — | — | — |
How Woodfin ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 28804, 28806, 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.
Woodfin and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Woodfin | — | +3.5%† | $1,810 | — | $71,384 |
| Asheville | $449K | −5% | $1,750 | 743 | $71,102 |
| Weaverville | $463K | −3.5% | $1,570 | — | $88,221 |
† FHFA price index change, where Zillow has no home value for the town.
5.1 years of income
The typical Woodfin home costs about 5.1 years of the town's median household income, more than across North Carolina (4.6 years).
How Woodfin 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 $1,810
HUD's Fair Market Rent for a two-bedroom in Woodfin is $1,810 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Woodfin pay a median of $1,546, so moving in tends to cost more than staying put. A two-bedroom takes about 30% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,430 · 4 bedrooms $3,040
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28804, 28806; 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.