Market Intelligence · NC / Asheville

Asheville, NC 28803 Housing Market

The typical home value in Asheville's 28803 ZIP code is $435,666, down 5.4% over the past year. The median list price stands at $528,500, with homes lingering on the market for a median of 81 days.

Updated September 2026Median value$436K

The median home value in Asheville, NC 28803 is $436K as of September 2026, down 5.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 28803 range

$401K to $471K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-5.4% over 12 months

Typical home value in 28803 over the last 12 months: $461K in Sep 2025 to $436K in Sep 2026 (-5.4%).

Sep 2025$461K

Sep 2026$436K

The numbers

What is the 28803 housing market like?

Typical home value

$436K

Down5.4%YoY

Median list price

$529K

Up0.3%MoM

Days on market

81

Up8.0%MoM

Homes for sale

284

Down0.7%MoM

Price cuts

32.4%

Up19.0%MoM

New listings

58

Down3.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

28803 housing market forecast 2027

-0.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 28803 to fall 0.9% by September 2027.

Over the 12 months through September 2026, typical home values in 28803 fell 5.4%, per the Zillow Home Value Index.

Will home prices drop in 28803?

Zillow's forecast says they may: it expects typical home values in 28803 to fall 0.9% by September 2027, after a 5.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 28803 home prices compare?

  • 28803$435,666
  • Asheville$436,355
  • North Carolina$284,347
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Asheville: 5 ZIPs; North Carolina: 718 ZIPs; United States: 26,262 ZIPs).

Context

Asheville's 28803 market shows signs of softening conditions. There are 284 homes for sale as of September 2026, with 58 new listings added during that month. The median days on market of 81 suggests buyers are taking their time with decisions. More telling is that 32.4% of listings have already seen a price cut. For sellers, this indicates a buyer-friendly environment where pricing strategically from the start will matter.

Monthly payment

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20% · $87,133

Common questions

What people ask us.

What is the typical home value in 28803?

The typical home value in Asheville's 28803 ZIP code is $435,666, down 5.4% over the past year as of September 2026.

How long do homes stay on the market in 28803?

The median days on market is 81 as of September 2026.

What percentage of listings have price cuts in 28803?

As of September 2026, 32.4% of listings in 28803 have seen a price cut.

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