Housing in Asheville, NC is a hot commodity! According to the data, the median value of a house in Asheville is $428,500 which is much higher than the U.S. median value of $338,100. Additionally, Asheville has seen an impressive appreciation rate of 16.57% over the last year compared to just 8.27% nationally. This is indicative of robust demand for housing in this area and further reinforces that Asheville is a great place to invest in real estate or make a home purchase.
The median home cost in Asheville is $428,500. Home appreciation the last 10 years has been 136.3%. Home Appreciation in Asheville is up 22.3%.
Average Age of Homes
- The median age of Asheville real estate is 44 years old
The Rental Market in Asheville
- Renters make up 44.3% of the Asheville population
- 5.1% of houses and apartments in Asheville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.