Metropolitan Statistical Area (MSA):
Asheville, NC is a Metropolitan Statistical Area (MSA) comprising counties including .
Asheville, NC is a beautiful city located in the Blue Ridge Mountains with a population of just over 87,000 people. The median home price in Asheville is $262,000, which is up 7.4% from last year. The average price per square foot for homes in Asheville is $161, which is also up 7.4% from last year.
There are many reasons why Asheville is seeing such strong growth in its housing market. One reason is that the city has been ranked as one of the best places to live in the United States by several publications, including Money Magazine and U.S. News & World Report. This has led to an influx of people moving to Asheville, which has increased demand for housing and driven prices up.
Another reason for the strong real estate market in Asheville is the booming tourism industry. The city was recently named one of the top travel destinations in the world by National Geographic and Lonely Planet, and this has led to more people visiting and wanting to stay longer-term in Asheville. This has put pressure on the housing market as well, as there are not enough homes available to meet demand.
Asheville's real estate market is expected to continue growing in 2019 as more people discover this hidden gem of a city nestled in the mountains of North Carolina. If you're thinking about buying a home in Asheville, now is a great time to do so before prices continue rising at their current pace