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Asheville city, NC

ZIP 28715 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28715

Median Home Value
$291,900
Median Rent
$1,043
Affordability Snapshot
$80,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,875/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28715 in Asheville city, NC, a household would need roughly $80,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,875. That is roughly in line with the local median household income ($70,950). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 19% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
71.6%+9% vs US avg
x
Vacancy Rate
18.6%+80% vs US avg
x
Broadband Access
88.8%+2% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
2.0%-84% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
16.6%-67% vs US avg
x
Mortgage-Free
47.4%+24% vs US avg
x
$291,900
Home Value
$1,043
Rent
1993
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached67.1%
  • 1-unit attached2.7%
  • 2-9 units3.0%
  • 10+ units2.7%
  • Mobile home & other24.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$291,900
Median rent$1,043
Owner-occupied71.6%
Vacant18.6%
Price-to-income4.1x
Est. income to buy$80,000