Real Estate Market Update for Asheville, NC
Welcome to January's Market Update. Lets take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 1% compared to one year earlier, and down 25% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 470-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 9%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 290-thousand dollars. The number of units sold increased 1% year-over-year, and decreased 8% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for Asheville, NC
Area Information for Asheville, NC
  • Population: 90,559
  • Median Age: 39.09 yr
  • Median Commute Time: 17 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 1,994/sq mi
  • Population Change Since 2000: 21.74%
  • Closest Airport: Asheville Regional
  • Closest College: University Of North Carolina-asheville
  • Closest Jr. College: Asheville Buncombe Tech College
  • Median Household Income: $46,084
  • Annual Residential Turnover: 21%
  • Median Home Sales Price: $219,000
  • Closest Major Sports Team: Asheville Tourists (a)
  • Change Avg. Household Income Since 2000: 40.33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Asheville, NC
Median Age: 39.09 Married: 32% Number of Households: 40,788 Households with Children: 8,482
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Asheville, NC

      School Name Distance Type Grades School Rating Parent Rating
      Buncombe County Early College High School 0.3 mi Public 9-12 5 4
      School Of Inquiry And Life Science 0.4 mi Public 9-12 5 3
      Asheville High 0.4 mi Public 9-12 3 3
      Girls French Broad River Academy 0.9 mi Private 6-8 0 0
      Asheville Middle 0.9 mi Public 6-8 3 0
      Hall Fletcher Elementary 1.0 mi Public K-5 4 0
      Katuah Sudbury School 1.3 mi Private - 0 0
      Asheville City Preschool 1.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Isaac Dickson Elementary 1.5 mi Public K-5 4 0
      Rainbow Mountain Children's School 1.7 mi Private PRESCHOOL-3 0 0
      Azalea Mountain School 1.8 mi Private PRESCHOOL-1 0 0
      Temple Baptist School 2.0 mi Private PRESCHOOL-12 0 0
      F Delany New School For Children 2.0 mi Public K-8 4 0
      Maccabi Academy 2.2 mi Private K-4 0 0
      Claxton Elementary 2.4 mi Public K-5 3 0
      Asheville Montessori School 2.4 mi Private PRESCHOOL-K 0 0
      Vance Elementary 2.4 mi Public K-5 4 0
      New City Christian School 2.5 mi Private K-5 0 0
      Oakley Elementary 2.6 mi Public K-5 1 0
      Emma Elementary 2.6 mi Public K-4 2 0
      Odyssey Community School 2.6 mi Private PRESCHOOL-12 0 0
      Emmanuel Lutheran School 2.7 mi Private PRESCHOOL-8 0 0
      Buncombe County Middle College High School 2.8 mi Public 9-12 0 0
      Nesbitt Discovery Academy 2.8 mi Public 9-9 0 0
      Hanger Hall School For Girls 2.8 mi Private 6-8 0 0
      Montessori Learning Center Of Asheville 3.1 mi Private PRESCHOOL-K 0 0
      Haw Creek Elementary 3.2 mi Public K-5 4 0
      The New Classical Academy 3.4 mi Private PRESCHOOL-8 0 0
      Johnston Elementary 3.6 mi Public K-4 0 0
      The Franklin School Of Innovation 3.7 mi Public 6-11 0 0
      Eliada Academy 3.7 mi Private K-12 0 0
      Asheville School 3.8 mi Private 9-12 0 4
      Carolina Day School 3.8 mi Private PRESCHOOL-12 0 0
      Evergreen Community Charter 3.8 mi Public K-8 5 4
      Charles C Bell Elementary 3.9 mi Public K-5 3 0
      Ira B Jones Elementary 4.0 mi Public PRESCHOOL-5 4 0
      Asheville Catholic School 4.0 mi Catholic PRESCHOOL-8 0 0
      Invest Collegiate (buncombe) 4.3 mi Public K-11 0 0
      Woodfin Elementary 4.4 mi Public K-4 1 0
      Sand Hill-venable Elementary 4.7 mi Public K-4 2 0
      Eblen Intermediate School 4.8 mi Public 5-6 0 0
      West Buncombe Elementary 4.8 mi Public K-4 4 4
      Clyde A Erwin High 4.9 mi Public 9-12 2 3
      A C Reynolds Middle 4.9 mi Public 6-8 3 0
      A C Reynolds High 4.9 mi Public 9-12 3 4
      Clyde A Erwin Middle School 5.0 mi Public 7-8 2 0
      North Asheville Christian School 5.1 mi Private PRESCHOOL-12 0 0
      T C Roberson High 5.9 mi Public 9-12 4 4
      William W Estes Elementary 6.2 mi Public K-4 4 0
      Koontz Intermediate School 6.2 mi Public 5-6 0 0
      Providence Christian Academy 7.2 mi Private K-6 0 0
      Heirborne Christian Academy 8.6 mi Private 8-11 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Asheville, NC
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.