Welcome to our 28803 real estate data hub, tailored for investors in Asheville, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 28803 in Asheville, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BUNCOMBE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Asheville, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Asheville property market.
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Location Overview
- Zip Code: 28803
- City: Asheville
- State: NC
- Metro Area: Asheville, NC
- County Name: BUNCOMBE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $440,127
- Average Home Price (Single Family Homes): $466,916
- Average Monthly Rental Price (All Types): $1,784
- Price-to-Rent Ratio: 21
- Zillow Projected % appreciation from 4/2023-4/2024: 1.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,010
- Average 3 Bedroom Section 8 Rental Rates: $2,670
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.25
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.74
- Number of Units Offered in Section 8 in the County: 630
- Number of Occupied Units in Section 8 in the County: 600
- Percentage of Section 8 Units Occupied in the County: 95.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 378.05
- Total % Appreciation since 2000 (Government Data): 205.62
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.56%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.92%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.05%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 119.55%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.98%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 169.17%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.94%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.35%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 42.81%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%