Market Intelligence · NC / Asheville

Asheville, NC 28806 Housing Market

Homes in Asheville's 28806 ZIP typically value at $389,755, down 4.6% over the past year. The median list price stands at $475,000, with homes spending 75 days on market as of September 2026.

Updated September 2026Median value$390K

The median home value in Asheville, NC 28806 is $390K as of September 2026, down 4.6% 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 28806 range

$359K to $421K

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

-4.6% over 12 months

Sep 2025$409K

Low $390KHigh $409K

Sep 2026$390K

The numbers

What is the 28806 housing market like?

As of September 2026

Typical home value

$390K

4.6%YoY

Median list price

$475K

1.1%MoM

Days on market

5.1%MoM

Homes for sale

250

7.8%MoM

Price cuts

27.4%

1.5%MoM

New listings

35.7%MoM

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

The outlook

28806 housing market forecast 2027

-1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 28806 to fall 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 28806 fell 4.6%, per the Zillow Home Value Index.

Will home prices drop in 28806?

Zillow's forecast says they may: it expects typical home values in 28806 to fall 1.1% by September 2027, after a 4.6% 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 28806 home prices compare?

28806$389,755
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

The 28806 market shows clear signs of buyer caution. There are 250 homes for sale, with 76 new listings added in September 2026 alone. Nearly 27.4% of current listings have seen price cuts, a substantial share that reflects softening demand. With homes sitting for 75 days on average before sale, the pace of transactions has slowed noticeably. If you're thinking about selling, understand that this is a buyer's market, and pricing competitively from day one matters more than ever.

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Down payment20% · $77,951

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Common questions

What people ask us.

What is the typical home value in 28806?

The typical home value in Asheville's 28806 ZIP is $389,755, which has declined 4.6% over the past year as of September 2026.

How many homes are currently for sale in 28806?

There are 250 homes for sale in 28806 as of September 2026, with 76 new listings added that month.

How long do homes typically stay on the market in 28806?

Homes in 28806 spend a median of 75 days on market as of September 2026.

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