Asheville Metro Area, NC Housing

The housing market in Asheville, NC Metro Area is thriving. The median value of homes is significantly higher than the US national average at $398,900 compared to $338,100 respectively. This means that real estate in the region is in high demand and growing in value. Furthermore, house appreciation in Asheville over the last year was 17.32%, much higher than the national average of 8.27%. This demonstrates that this area is an especially strong area for those looking to invest in real estate or purchase a home.

The median home cost in Asheville Metro Area is $398,900. Home appreciation the last 10 years has been 115.8%. Home Appreciation in Asheville Metro Area is up 22.2%.

Average Age of Homes

- The median age of Asheville Metro Area real estate is 33 years old

The Rental Market in Asheville Metro Area

- Renters make up 26.9% of the Asheville Metro Area population
- 2.2% of houses and apartments in Asheville Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Asheville, North Carolina	United States
	230,081.0	139,647,020.0
	35	42
	$398,900	$338,100
	22.2%	16.6%
	71.2%	57.0%
	115.8%	101.1%
	$6.35	$10.98
	$1,578	$2,690
	55.8%	57.4%
	18.8%	11.2%
	25.4%	31.4%
Vacant Housing
	2.2%	1.9%
	0.2%	0.4%
	3.3%	0.7%
	0.7%	0.4%
	7.0%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	1.9%	2.4%
	2.3%	2.8%
	3.3%	3.9%
	3.7%	4.5%
	9.3%	11.3%
	13.1%	13.0%
	25.3%	20.1%
	17.2%	13.6%
	7.9%	8.3%
	8.5%	9.7%
	2.5%	3.9%
	0.9%	2.2%
	0.7%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	16.6%	13.6%
	16.6%	13.6%
	17.8%	13.6%
	14.8%	13.2%
	12.8%	14.8%
	17.8%	13.6%
	6.9%	10.0%
	3.9%	4.7%
	9.5%	12.2%