Sep 2026
$461K
+2.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Asheville, NC housing market
Asheville, NC metro median sale price $461K in Sep 2026, up 2.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Asheville, NC metro is $461K as of Sep 2026, up 2.2% from a year earlier. That change sits near the middle of the 193 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 0.8 points (up 1.4% through Q2 2026).
Asheville has the highest median sale price of the four North Carolina metros Pecan Street tracks ($461K), ahead of Raleigh ($431K). Asheville has the most median days on market of the four North Carolina metros (84 days), ahead of Charlotte (64 days). Asheville has the lowest share of listings with a price cut of the four North Carolina metros (40%); Greensboro (43%) is next.
Listings spent a median 84 days on market in Sep 2026, the 11th-most of the 195 metros. 40% of active listings carry a price cut, 2.7 points fewer than a year earlier. That share is higher than in most of the 195 metros. Building permits authorized 435 new housing units in Aug 2026.
At the 7.38% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $2,550 a month; at 28% of gross income, that takes about $109K a year. The median sale price equals about 17 years of HUD Fair Market Rent, a ratio up 2.6% from a year earlier. That ratio is higher than in most of the 193 metros. Active listings ask a median $293 per square foot, down 2.6% from a year earlier.
Median list prices are higher than a year earlier in six of the 12 ZIP codes in the table below and lower in six.
Headline
Oct 14, 2026
7.38%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,550/mo
$109K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Asheville compares to other U.S. metros
| Days on market | ↑11th of 195 (top 6%) |
|---|---|
| Price-to-rent | ↑55th of 193 (top 29%) |
| Price cuts | ↑75th of 195 (top 39%) |
| Home-price growth | 95th of 193 (top 50%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 17 +2.6% YoY ↑55th of 193 (top 29%) |
|---|---|
| Asking price / sq ft | $293 -2.6% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 40% -2.7 pts YoY ↑75th of 195 (top 39%) |
|---|---|
| New housing units permitted | 435 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 33 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Recent notable readings
- Zillow home values were lower than a year earlier in 30 of 32 ZIP codes across the Asheville metro (Aug 2026): the highest share among the 174 U.S. metros Pecan Street tracks with enough ZIP-level data to compare.
- A median 84 days on market in September 2026: the most for any September in Realtor.com's Asheville data since 2016. It is one of 16 of the 195 U.S. metros Pecan Street tracks to set that record.
Readings from the latest data that sit at one end of the U.S. metros Pecan Street tracks, from the nightly cross-metro comparison. They are not signal alerts.
Price reconciliation
normal · 0.8ppRedfin (metro) +2.2% | FHFA HPI · Q2 2026 +1.4% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Asheville → Latest dispatch: Jul 10, 2026.
More markets in NC
Get the daily version of this page
Public weekly reads vs. daily-refreshed signals + a branded share-queue + a per-agent newsletter. Free trial.
Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 28704 | $695K↑ | 175↑ | 46↑ | 54↑ | 92↑ | $433K↓ |
| 28715 | $490K↓ | 133↑ | 38↑ | 62 | 74↑ | $412K↓ |
| 28732 | $494K↑ | 126↑ | 44↓ | 46↑ | 79↑ | $449K↓ |
| 28739 | $550K↓ | 216↑ | 60↓ | 76↓ | 85↑ | $462K↓ |
| 28751 | $455K↑ | 140↑ | 26↑ | 42↑ | 95↑ | $387K↓ |
| 28786 | $505K↑ | 146↓ | 32↓ | 50↓ | 76↓ | $341K↓ |
| 28787 | $567K↑ | 139↑ | 46 | 58↑ | 92↑ | $464K↓ |
| 28792 | $471K↓ | 197↓ | 40↓ | 74↓ | 86↑ | $369K↓ |
| 28801 | $750K↓ | 126 | 28↓ | 38↓ | 74↓ | $552K↓ |
| 28803 | $528K↓ | 284↑ | 58↑ | 124↑ | 81↓ | $437K↓ |
| 28804 | $781K↑ | 209↑ | 46↓ | 76↑ | 91↑ | $583K↓ |
| 28806 | $475K↓ | 250↑ | 76↓ | 106↓ | 75↑ | $392K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.