dynamic.RE

State

City

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City

State

City

ZIP codes

Asheville, NC · 28802

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $74K, +5.5% YoY (county); renters hold 33.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

101,855

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 134,483

134Kunits

Occupied101,85575.7%

Vacant32,62824.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 101,855

102Koccupied

Owner67,41166.2%

Renter34,44433.8%

Renter Share

33.8%-4.9% YoY

Total Housing Units

134,483+1.7% YoY

FY2026 Fair Market Rent

CountyBuncombe County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,227

/month

1 BR

$1,429

/month

2 BR

$1,567

/month

3 BR

$1,905

/month

4 BR

$2,629

/month

FMR trends · Buncombe County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.9% to 274,360: residents under 18 are down 0.4% and those 65 and over are up 3.0%.

Median Age

42.62024

Population

Buncombe County Population

279,210+0.9% YoY

Households

Total Households

101,855-0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.62+1.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 274,360

274Kresidents

Under 1848,92517.8%

Adults 18–64167,14460.9%

65 & Over58,29121.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

48,925-0.4% YoY

Population 65 & Over

58,291+3.0% YoY

Median Age

42.60+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.7%

Moved (within US)11.0%

Other0.3%

Veterans

6.3%-6.0% YoY

County Economy

County median household income is $74K, 11.8% of residents are below the poverty level, 17.6% work from home.

Income

Median Household Income

$74K+5.5% YoY

Per-Capita Income

$43K+6.1% YoY

Mean Household Income

$106K+6.8% YoY

Poverty

Below Poverty Level

11.8%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.5%

Public transit0.7%

Worked from home17.6%

Other11.2%

Worked From Home

17.6%+8.6% YoY

Mean Commute

21.10+1.4% YoY

Done with 28802? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Asheville, NC · 28802

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $74K, +5.5% YoY (county); renters hold 33.8% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

101,855

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 134,483

134Kunits

Occupied101,85575.7%

Vacant32,62824.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 101,855

102Koccupied

Owner67,41166.2%

Renter34,44433.8%

Renter Share

33.8%-4.9% YoY

Total Housing Units

134,483+1.7% YoY

FY2026 Fair Market Rent

CountyBuncombe County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,227

/month

1 BR

$1,429

/month

2 BR

$1,567

/month

3 BR

$1,905

/month

4 BR

$2,629

/month

FMR trends · Buncombe County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 0.9% to 274,360: residents under 18 are down 0.4% and those 65 and over are up 3.0%.

Median Age

42.62024

Population

Buncombe County Population

279,210+0.9% YoY

Households

Total Households

101,855-0.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.62+1.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 274,360

274Kresidents

Under 1848,92517.8%

Adults 18–64167,14460.9%

65 & Over58,29121.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

48,925-0.4% YoY

Population 65 & Over

58,291+3.0% YoY

Median Age

42.60+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.7%

Moved (within US)11.0%

Other0.3%

Veterans

6.3%-6.0% YoY

County Economy

County median household income is $74K, 11.8% of residents are below the poverty level, 17.6% work from home.

Income

Median Household Income

$74K+5.5% YoY

Per-Capita Income

$43K+6.1% YoY

Mean Household Income

$106K+6.8% YoY

Poverty

Below Poverty Level

11.8%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.5%

Public transit0.7%

Worked from home17.6%

Other11.2%

Worked From Home

17.6%+8.6% YoY

Mean Commute

21.10+1.4% YoY

Done with 28802? Put it next to another market.