Asheville, NC home prices
Typical home $416,031 · -3.3% in a year · income needed $113,300
The Asheville, NC metro area ranks 131 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -3.3% in a year and +17.0% over five years. With 20% down at 7.11%, the typical home costs about $2,644 a month including 0.57% property tax (Buncombe County rate).
Mortgage on the typical Asheville home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $83,206 | $332,825 | $2,239 | $0 | $405 | $2,644 | $113,300 |
| 10% down | $41,603 | $374,428 | $2,519 | $156 | $405 | $3,079 | $132,000 |
| 5% down | $20,802 | $395,230 | $2,659 | $165 | $405 | $3,228 | $138,300 |
| 3.5% down (FHA) | $14,561 | $408,496 | $2,748 | $184 | $405 | $3,337 | $143,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.57% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Asheville area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Buncombe County, NC | $440,368 | -4.4% | 0.57% |
| Henderson County, NC | $422,515 | -1.7% | 0.52% |
| Haywood County, NC | $338,535 | -3.0% | 0.57% |
| Madison County, NC | $388,117 | -0.8% | 0.48% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Asheville?
The typical home in the Asheville, NC metro area is worth $416,031 (Zillow, September 2026).
What salary do you need to buy a house in Asheville?
About $113,300 a year for the typical home with 20% down at 7.11%.