Asheville, NC Housing Market

Market data powered by Zillow Research. Last updated: 2026-04-02

Asheville, NC is a cooling market — favorable for buyers.

  • Prices have declined 4.0% — a strong buyer's market with room to negotiate.
  • Price-to-rent ratio: 19.7 — buying and renting are roughly comparable.

Median Home Value

$415,438

ZHVI

Year-over-Year

-4%

Price change

5-Year Change

+32.2%

Since 2021

Median Rent

$1,757/mo

ZORI

Active Listings

2,721

For sale

State Avg

$331,413

North Carolina

Home Value Trends

5-year Zillow Home Value Index for Asheville, NC vs. state and national averages.

Rent Data

Median Rent

$1,757/mo

Rent YoY Change

-0.6%

Rent vs. Buy Calculator

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.