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1 / 30#30. Montreat, NC
- 1-year price change: -$39,465 (-6.1%)
- 5-year price change: +$90,638 (+17.7%)
- Typical home value: $603,464 (#1 most expensive city in metro)
Cities with the fastest-growing home prices in the Asheville metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the most expensive homes in the Asheville, NC metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
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2 / 30#29. Asheville, NC
- 1-year price change: -$23,723 (-5.0%)
- 5-year price change: +$55,999 (+14.3%)
- Typical home value: $448,688 (#10 most expensive city in metro)
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3 / 30#28. Fairview, NC
- 1-year price change: -$22,318 (-4.2%)
- 5-year price change: +$92,807 (+22.1%)
- Typical home value: $513,005 (#3 most expensive city in metro)
Stacker
4 / 30#27. Arden, NC
- 1-year price change: -$18,733 (-4.2%)
- 5-year price change: +$58,027 (+15.5%)
- Typical home value: $432,339 (#13 most expensive city in metro)
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5 / 30#26. Swannanoa, NC
- 1-year price change: -$18,266 (-4.9%)
- 5-year price change: +$51,596 (+17.1%)
- Typical home value: $353,812 (#25 most expensive city in metro)
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6 / 30#25. Alexander, NC
- 1-year price change: -$17,498 (-4.1%)
- 5-year price change: +$66,580 (+19.1%)
- Typical home value: $414,363 (#16 most expensive city in metro)
Stacker
7 / 30#24. Black Mountain, NC
- 1-year price change: -$17,243 (-3.6%)
- 5-year price change: +$80,577 (+21.4%)
- Typical home value: $456,390 (#7 most expensive city in metro)
Stacker
8 / 30#23. Weaverville, NC
- 1-year price change: -$16,549 (-3.5%)
- 5-year price change: +$72,911 (+18.7%)
- Typical home value: $462,548 (#6 most expensive city in metro)
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9 / 30#22. Mills River, NC
- 1-year price change: -$15,501 (-2.9%)
- 5-year price change: +$93,035 (+21.6%)
- Typical home value: $524,267 (#2 most expensive city in metro)
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10 / 30#21. Fletcher, NC
- 1-year price change: -$15,035 (-3.2%)
- 5-year price change: +$71,399 (+18.9%)
- Typical home value: $448,371 (#11 most expensive city in metro)
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11 / 30#20. Lake Junaluska, NC
- 1-year price change: -$14,199 (-3.1%)
- 5-year price change: +$81,442 (+22.5%)
- Typical home value: $443,031 (#12 most expensive city in metro)
Stacker
12 / 30#19. Maggie Valley, NC
- 1-year price change: -$12,620 (-3.1%)
- 5-year price change: +$73,750 (+23.5%)
- Typical home value: $388,057 (#21 most expensive city in metro)
Stacker
13 / 30#18. Leicester, NC
- 1-year price change: -$12,602 (-2.9%)
- 5-year price change: +$75,295 (+21.6%)
- Typical home value: $423,689 (#14 most expensive city in metro)
Stacker
14 / 30#17. Canton, NC
- 1-year price change: -$11,992 (-3.9%)
- 5-year price change: +$37,254 (+14.6%)
- Typical home value: $292,025 (#28 most expensive city in metro)
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15 / 30#16. Waynesville, NC
- 1-year price change: -$11,886 (-3.2%)
- 5-year price change: +$57,783 (+19.4%)
- Typical home value: $355,574 (#24 most expensive city in metro)
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16 / 30#15. East Flat Rock, NC
- 1-year price change: -$11,695 (-3.9%)
- 5-year price change: +$49,605 (+20.5%)
- Typical home value: $291,924 (#29 most expensive city in metro)
Stacker
17 / 30#14. Candler, NC
- 1-year price change: -$11,283 (-2.7%)
- 5-year price change: +$71,190 (+20.9%)
- Typical home value: $412,138 (#18 most expensive city in metro)
Stacker
18 / 30#13. Horse Shoe, NC
- 1-year price change: -$9,301 (-1.8%)
- 5-year price change: +$106,488 (+26.8%)
- Typical home value: $503,737 (#5 most expensive city in metro)
Stacker
19 / 30#12. Clyde, NC
- 1-year price change: -$9,267 (-2.7%)
- 5-year price change: +$52,129 (+18.4%)
- Typical home value: $335,198 (#26 most expensive city in metro)
Stacker
20 / 30#11. Flat Rock, NC
- 1-year price change: -$9,162 (-2.0%)
- 5-year price change: +$75,060 (+19.9%)
- Typical home value: $452,830 (#8 most expensive city in metro)
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21 / 30#10. Barker Heights, NC
- 1-year price change: -$7,179 (-2.5%)
- 5-year price change: +$47,090 (+20.0%)
- Typical home value: $282,257 (#30 most expensive city in metro)
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22 / 30#9. Barnardsville, NC
- 1-year price change: -$7,144 (-1.7%)
- 5-year price change: +$72,044 (+21.8%)
- Typical home value: $402,520 (#20 most expensive city in metro)
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23 / 30#8. Hendersonville, NC
- 1-year price change: -$7,054 (-1.7%)
- 5-year price change: +$69,519 (+20.5%)
- Typical home value: $408,296 (#19 most expensive city in metro)
Stacker
24 / 30#7. Mars Hill, NC
- 1-year price change: -$6,681 (-1.6%)
- 5-year price change: +$79,872 (+23.9%)
- Typical home value: $413,922 (#17 most expensive city in metro)
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25 / 30#6. Laurel Park, NC
- 1-year price change: -$3,371 (-0.7%)
- 5-year price change: +$91,592 (+21.8%)
- Typical home value: $511,575 (#4 most expensive city in metro)
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26 / 30#5. Etowah, NC
- 1-year price change: -$3,243 (-0.8%)
- 5-year price change: +$92,208 (+28.2%)
- Typical home value: $419,250 (#15 most expensive city in metro)
Stacker
27 / 30#4. Saluda, NC
- 1-year price change: -$3,152 (-0.9%)
- 5-year price change: +$79,854 (+27.8%)
- Typical home value: $367,403 (#23 most expensive city in metro)
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28 / 30#3. Zirconia, NC
- 1-year price change: -$1,993 (-0.4%)
- 5-year price change: +$61,325 (+15.8%)
- Typical home value: $449,260 (#9 most expensive city in metro)
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29 / 30#2. Hot Springs, NC
- 1-year price change: +$1,581 (+0.5%)
- 5-year price change: +$39,063 (+13.6%)
- Typical home value: $325,481 (#27 most expensive city in metro)
Stacker
30 / 30#1. Marshall, NC
- 1-year price change: +$3,868 (+1.0%)
- 5-year price change: +$59,977 (+19.1%)
- Typical home value: $373,326 (#22 most expensive city in metro)
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