Median Home Value
$391,800
Median Gross Rent
$1,362/mo
Homeownership Rate
66.2%
Rent as Share of Income
22.0%
Vacancy Rate
24.3%
Median Year Built
1991
Home Price Index (FHFA)
Home prices in Buncombe County have risen 1180% since 1975, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,436
1 Bedroom
$1,674
2 Bedroom
$1,835
3 Bedroom
$2,231
4 Bedroom
$3,078
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.