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Is It Expensive To Live In Asheville, NC?

Updated: Jul 1, 2021

Chances are if you're reading this post, you've heard of beautiful Asheville North Carolina! Known as a hot spot for tourists, Asheville is a thriving and electric city, dubbed the “Paris of the South” in the early 1900s for establishing itself as an artisan city with unique style and architectural talent. It's probably best known as the home of the Biltmore Estate and amazing mountain scenery that encapsulates the city! The history of Asheville, North Carolina, is a history of vacationing and just plain getting away from the rush and hubbub of urban life.

With so much to do from hiking to brewery hopping, it's a no brainer why so many folks are looking to move to the Blue Ridge Mountains! Chances are if you are one of these folks, you've probably asked yourself, "How much does it cost to live in Asheville?" According to Asheville is 1.6% higher than the national average. In the Asheville, NC area prices were up 1.5% from a year ago. The largest increases were found in transportation, food and housing.

The median home price in Asheville is $313,902 according to Zillow. Asheville home values have gone up 4.9% over the past year and Zillow predicts they will rise 4.6% within the next year. It's safe to say that living in the Asheville area is not cheap. Even so, there are many beautiful areas outside of Asheville that won't break the bank - Old Fort, Marion, Morganton, Rutherfordton.

Black Bear Realty prides ourselves on being experts in our industry and we know the Asheville (Western North Carolina) area well! If you are interested in more information about a certain area or neighborhood, please reach out to us as we would love to help you find the perfect place to call home!


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