Market Overview
Home Prices in Asheville, NC
The median home value in Asheville, NC is $464,131 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.2% compared to a year ago and down 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Asheville are priced13% above average. Asheville is part of the Asheville, NC metro area.
Over the past five years, Asheville home values have risen by approximately18.0%, reflecting steady appreciation in this market.
Price History
Asheville Home Price Trend
City Comparison
Asheville vs. National Median
At $464,131, homes in Asheville cost 13% above the national median of $410,000. Buyers in Asheville should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Asheville?
20% Down Payment
$92,826
on $464,131
Monthly P&I
$2,421/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,075/mo
incl. taxes & insurance
Income Needed
$123,000
gross annual (30% rule)
10% Down Option
$46,413
+ PMI applies
Loan Amount (20% dn)
$371,305
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Asheville, NC?
The median home value in Asheville is $464,131 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.2% year-over-year.
How much have home prices changed in Asheville?
Over the past year, home values in Asheville have decreased by 5.2%. Over five years, prices have risen approximately 18.0%.
How much do I need to earn to buy a home in Asheville?
To comfortably afford the median home price of $464,131 with a 20% down payment ($92,826) at today's rates (6.8%), you'd need a gross annual income of approximately $123,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Asheville compare to the national average home price?
The national median home value is approximately $410,000. At $464,131, homes in Asheville are 13% above the national average.
What metro area is Asheville part of?
Asheville is part of the Asheville, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.