Home prices
The cost of the median home in Asheville is $270,400. It is roughly $84,420 (23%) lower compared to its surrounding areas.It is roughly $52,900 (24%) higher in comparison to the country as a whole, and compared to the city of Knoxville is roughly $134,100 (98%) higher.
Rents
Asheville's median monthly rent is $1,043. This is about $26 (2%) lower compared to its surrounding areas.In comparison to the entire country it is approximately $19 (1%) lower, and is roughly $198 (23%) higher compared to the city of Knoxville.
Nearby places
Biltmore Forest
Biltmore Forest is Asheville's neighbor to the south. Its real estate prices are significantly more expensive. The price of the median home in Biltmore Forest is $910,400, which is $640,000 (70%) higher than Asheville. Rents there are similar. The median monthly rent in Biltmore Forest is $1,083, which works out to $40 (3%) higher than Asheville.
Woodfin
Woodfin is Asheville's neighbor to the north. The real estate prices there are a little less expensive. The median home in Woodfin costs $224,400, which comes out to $46,000 (20%) lower than Asheville. Rent there is similar. In Woodfin the median rent is $1,096 per month, which comes out to $53 (4%) higher than Asheville.
Royal Pines
Royal Pines is Asheville's neighbor to the south. The housing prices there are fairly similar. The median home in Royal Pines is valued at $260,300, which comes out to $10,100 (3%) lower than Asheville. Rents there are a bit more expensive. In Royal Pines the median monthly rent is $1,117, which works out to $74 (6%) higher than Asheville.
Avery Creek
Avery Creek is Asheville's neighbor to the south. Its housing prices are a little less expensive. The median home cost in Avery Creek is $242,300, which is $28,100 (11%) lower than Asheville. Rent there is a bit more expensive. Avery Creek's median monthly rent is $1,227, which comes out to $184 (14%) higher than Asheville.
Swannanoa
Swannanoa is approximately 8 miles east from Asheville. Its housing prices are significantly less expensive. The median home in Swannanoa costs $136,700, which works out to $133,700 (97%) lower than Asheville. Rents there are a little less expensive. Swannanoa's median rent is $820 a month, which works out to $223 (27%) lower than Asheville.
