Asheville, NC 28803 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Asheville, NC — 28803
Market Hotness
44
Hotness Rank
#7,652
Hotness Score
44
Supply Score
33
Demand Score
55
DOM vs US
+7.5%
Slower
Price vs US
136%
Above avg
Median Listing Price
$585K
Population
33,718
Households
134,483
Median Days on Market
61
Active Listings
272
New Listings
66
Housing Market
Pricing
Median Listing Price
$585K
-2.4% YoY
Average Listing Price
$1.10M
+4.1% YoY
Price per Sq Ft
$309
-5.3% YoY
Median Sq Ft
1,993
+1.5% YoY
Inventory
Active Listings
272
+12.7% YoY
New Listings
66
+10.0% YoY
Total Listings
329
+11.9% YoY
Buyer Competition
Pending Listings
57
+7.6% YoY
Pending Ratio
0.21
-1.0% YoY
Median Days on Market
61
+5.2% YoY
Price Reduced
30.6%
-1.1% YoY
FY2026 Fair Market Rent — Buncombe County
HUD government estimate (40th percentile) — 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
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
42.6
2024
Population
ZIP Population
33,718
-3.0% YoY
Buncombe County Population
279,210
+0.9% YoY
Households
Total Housing Units
134,483
+1.7% YoY
Age
2024 Age Mix
274K
residents
Under 18
48,925
17.8%
Adults 18–64
167,144
60.9%
65 & Over
58,291
21.2%
Age Composition Over Time
2017–2024
Population Under 18
48,925
-0.4% YoY
Population 65 & Over
58,291
+3.0% YoY
Median Age
42.60
+0.5% YoY
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