Asheville, NC 28804 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Asheville, NC — 28804
Market Hotness
46
Hotness Rank
#7,243
Hotness Score
46
Supply Score
36
Demand Score
56
DOM vs US
+5.5%
Slower
Price vs US
182%
Above avg
Median Listing Price
$784K
Population
25,776
Households
134,483
Median Days on Market
59
Active Listings
213
New Listings
66
Housing Market
Pricing
Median Listing Price
$784K
+2.5% YoY
Average Listing Price
$1.23M
+9.1% YoY
Price per Sq Ft
$349
-4.0% YoY
Median Sq Ft
2,263
-0.8% YoY
Inventory
Active Listings
213
+29.5% YoY
New Listings
66
+43.5% YoY
Total Listings
262
+19.4% YoY
Buyer Competition
Pending Listings
50
-9.1% YoY
Pending Ratio
0.23
-10.0% YoY
Median Days on Market
59
-9.7% YoY
Price Reduced
21.8%
-6.1% 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
25,776
+2.5% 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