Asheville housing market: home prices, trends and forecast
Asheville home prices: the Zillow Home Value Index placed the typical home in Asheville, North Carolina at $444,478 in September 2026, down −5.0% from a year earlier and −8.2% from its $484,257 peak in January 2025.
- Value of a typical home
- $444,478September 2026, Zillow ZHVI
- Change over 12 months
- Since September 2025, the change has been −5.0%.
Asheville home prices since 2000
Asheville appears on the steel line, while the United States appears on the grey line. Beginning in January 2002, the typical Asheville home increased from $130,970 to $444,478, a ×3.39 change compared with ×2.62 for the US during the same months. During the boom, the value peaked at $219,421 in May 2008 and later reached a low of $193,186 in June 2012, a change of −12.0%.
Asheville median home price by year
Each yearly figure averages the twelve monthly values, while 2026 shows the latest month.
| Year | Asheville | Change on the year | United States |
|---|---|---|---|
| 2002 | $133,543 | $144,276 | |
| 2003 | $142,329 | +6.6% | $155,308 |
| 2004 | $152,355 | +7.0% | $169,891 |
| 2005 | $168,421 | +10.5% | $189,732 |
| 2006 | $190,590 | +13.2% | $206,531 |
| 2007 | $211,041 | +10.7% | $208,449 |
| 2008 | $216,341 | +2.5% | $195,574 |
| 2010 | $209,462 | $171,462 | |
| 2011 | $201,179 | −4.0% | $162,508 |
| 2012 | $194,738 | −3.2% | $161,137 |
| 2013 | $201,870 | +3.7% | $171,420 |
| 2014 | $215,411 | +6.7% | $182,996 |
| 2015 | $236,458 | +9.8% | $192,738 |
| 2016 | $257,693 | +9.0% | $204,509 |
| 2017 | $279,246 | +8.4% | $216,767 |
| 2018 | $301,587 | +8.0% | $230,541 |
| 2019 | $310,932 | +3.1% | $242,088 |
| 2020 | $328,428 | +5.6% | $257,151 |
| 2021 | $379,424 | +15.5% | $295,959 |
| 2022 | $441,424 | +16.3% | $340,014 |
| 2023 | $459,330 | +4.1% | $348,160 |
| 2024 | $477,578 | +4.0% | $359,751 |
| 2025 | $474,053 | −0.7% | $362,959 |
| September 2026 | $444,478 | −5.0% | $366,157 |
Current value of Asheville homes bought in any year
This estimate uses an index for a typical home; it does not provide an appraisal.
Each year is based on the average of twelve monthly index values, while the current figure comes from September 2026. Additional choices: home appreciation calculator.
Are you thinking of selling? See how local agents compare on Realtor.com. Advertising disclosure: links like this one may earn the site a payment, but they never affect a number. Disclosure.
Asheville housing market forecast
For the Asheville, NC metro, Zillow's forecast is −0.8% for the 12 months starting September 2026, and −0.6% for the three months ahead. Using Asheville's typical value of $444,478, the forecast suggests a level near $440,900 after one year.
Here the number is Zillow's central forecast for the metro, restated; the site does not publish one of its own. Such 12-month forecasts have generally differed from the realised change by several percentage points, sometimes above it and sometimes below it. This is not investment advice.
All metro forecasts sit together in a single table: housing market forecast.
Asheville housing market crash risk score
High, 75 out of 100
The score ranks Asheville versus the 292 cities, using five conditions that were high before earlier price falls. Every input is ranked against the other cities on a scale of 0 to 100, and the five results carry equal weight in the average. This score shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +21.6% | 74 | 20% |
| Time on the market vs 2019 | +10.5% | 65 | 20% |
| Price-to-rent ratio | 21.5 | 68 | 20% |
| Price-to-income ratio | 5.6 | 67 | 20% |
| 12-month price change | −5.0% | 99 | 20% |
This is not investment advice. Input scoring details: methodology. Rankings for all 292 cities: crash risk by city.
Asheville homes for sale and time on market
In September 2026 the Asheville, NC metro counted 2,829 homes for sale, with +5.3% more than a year earlier, +21.6% above the same month in 2019. The median listing sold in 84 days (+10.5% against 2019), and 26.1% received a price cut.
| Asheville, NC metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,829 | +5.3% |
| New listings | 722 | |
| Median days on market | 84 | +9.4% |
| Median list price | $575,000 | 0% |
| Share with a price cut | 26.1% |
Source for metro inventory: Realtor.com® Economic Research. Realtor.com data. Every metro, broken down by city: days on market.
Asheville cost of living
Asking rents in Asheville typically run at $1,726 a month, and Zillow Observed Rent Index puts the yearly change at +0.2%. A typical home costs the same as 21.5 years of rent. At a median household income of $78,996 (Census ACS 2024), the typical home equals 5.6 years of income. BEA rates metro prices at 96.5 compared with a US average of 100, while housing costs stand at 93.4.
Moving there? Check Asheville living costs for rent, prices, and the salary you need.
Other housing markets across North Carolina
- $389,648 for Charlotte.
- Raleigh at $424,663.
- For Greensboro, the figure is $260,573.
- $384,724 in Durham.
- Winston-Salem shows $260,047.
- Fayetteville, North Carolina $221,511
- Wilmington, North Carolina $416,464
- Chapel Hill $621,909
State overview: North Carolina housing market.
How to read the chart
Every point shows the Zillow Home Value Index for Asheville, which tracks a typical home in the market's middle third, with smoothing and seasonal adjustment, in that month's dollars. The hollow point identifies the slider's selected month, while the terracotta point identifies the most recent month. Inflation is not included in these figures. An index tracks the typical home rather than one particular house. Use the card above or the home appreciation calculator to find a single home's value based on its sale price.