There are currently 43,526 real estate properties in Asheville, NC, with a median automated valuation model (AVM) price of $456,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Asheville, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Asheville, NC, is $548,370.00, with the most expensive house in Asheville, NC, topping out at $36,334,000.00 and the cheapest home in Asheville, NC, clocking in at $48,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Asheville, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Asheville, NC, is on a rollercoaster ride. The average rent price in Asheville, NC, is $1,817.00. Indeed, when looking to rent in Asheville, NC, you can expect to pay as little as $550.00 or as much as $4,120.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Asheville, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Asheville, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Asheville, NC and much more. Save thousands at closing with home foreclosure listings in Asheville, NC — up to 75% off market value!
Asheville is located in Buncombe, North Carolina, with an estimated municipal population of 92,870 residents. All of the best foreclosed homes for sale in Asheville are located in the following zip code areas on Foreclosure.com: 28806 28805 28804 28803 28801 28776 28810 28814 28815 28816. The estimated population per square kilometer (.62 miles) in Asheville is 786.
So, about how much do homes cost in Asheville? The most recent median value of resident-owned homes in Asheville is 270,442. An estimated 48.2 percent of households in Asheville own their homes, with an average family size of 2.96. The median household income in Asheville is 49,930, with21 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Asheville, the median commute time of resident workers (in minutes) is 17.9. And last, but certainly not least, are you looking for homes to rent in Asheville? If so, the average rent price paid by renters in Asheville is 1,043, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Asheville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Asheville is 39, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Asheville is 39.8, with an average family size of 2.96.
The percentage of residents who report their race in Asheville is as follows:
|Black / African American||11.2%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.3%|
Looking for family-friendly neighborhoods in and/or near Asheville? Or maybe you are searching for 55+ active adult communities in and/or near Asheville?
The percentage of residents who report their age in Asheville is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Asheville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Asheville.
How do you know that living in -- or moving to -- Asheville is right where you need to be? Perhaps you grew up in Asheville or already live nearby; therefore, the decision to buy a home in Asheville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Asheville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Asheville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Asheville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Asheville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Asheville, meanwhile, can field multiple offers from more qualified buyers.
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