Area Insights of 28801, Asheville, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 3%, indicating a strong buyer interest. A total of 130 homes were sold with 62 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

28801, Asheville, NC

Date

03-15-2023

Price Ratio

100%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Julia Street Montessori School

PK to KG

Middle School

Montford North Star Academy

6 to 8

Ratings

B-

Asheville Middle School

6 to 8

Ratings

C

High School

Middle College

11 to 12

Ratings

A-

Early College

9 to 12

Ratings

A+

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 8% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (14,806)
7,077 Male
7,729 Female
Education
19% High School
6% Associate
29% Bachelor
20% Graduate
Age

Average Age is 41 Years

Household Details

The area's household landscape is diverse, with 39% owner-occupied homes and 61% renter-occupied properties. Family households represent 37% of the population, indicating a strong community focus on family living. The average home value stands at $707,513, which suggests ample demand for multi-bedroom properties.

Total Households
7,071
Average home value
$707,513
Owned
39%
Rented
61%
Vacant
14%
Families
37%
Married
27%
With children
13%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 2% Asian, 19% Black, and 0% Native residents, alongside 70% White and 5% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 24% of households earning over $100,000 annually, while 24% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
4%
Healthcare
15%
Professional
12%
Education
10%
Services
27%
Labor
17%
Retail
10%
Other
7%