There are currently 43,091 real estate properties in Asheville, NC, with a median automated valuation model (AVM) price of $440,690.00. 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 $541,030.00, with the most expensive house in Asheville, NC, topping out at $11,508,800.00 and the cheapest home in Asheville, NC, clocking in at $6,731.00. 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 $1,814.00. 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.
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