Investor-grade market analytics for Asheville, North Carolina. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$412,625
-3.8% year-over-year
5.1%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 6% nationally
In-migrants avg $92,089 AGI vs out-migrants $69,410
Opportunity Zone Market
8 ZIP codes in Asheville are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Asheville, NC is experiencing a correction with -3.8% year-over-year decline, signaling a buyer's market with softening demand. Affordability is moderately stretched with a price-to-income ratio of 5.96x, above the national average of 4.8x. Modest net positive migration (+1,192 returns/year) provides steady demand support. Climate risk remains low (34/100), favorable for long-term investment stability. Rental yield of 5.1% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Asheville, NC's primary climate exposure is wind storms (54/100). The composite climate risk score of 34/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.