Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$384,253−1.1% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$83,298About 1.4× the local median income ($58,017): a stretch for a typical household
Days on market114 daysSlower than a year ago: buyers have time to negotiate
The typical home in Avery County, NC is worth $384,253, down 1.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $361,188, so the area is 6.4% overvalued. It is a buyer's market: homes take about 114 days to sell, listings are up 4% from a year ago, 17% of listings have had a price cut. A household needs about $83,298 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,017. In the latest IRS figures, 72 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$384,253
Change in 1 year
−1.1%
Overvalued %
+6.4%
Show 6 more
Fair home value
$361,188
Change in 5 years
+23.8%
Home value to income
6.6×
Monthly mortgage payment (20% down)
$2,082
Income needed to afford it
$83,298
Property tax rate
0.38%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,012
Market activity
Listings vs a year ago
+3.6%
Days on market
114
Listings with a price cut
16.6%
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Homes for sale
374
Pending sales per 100 listings
18
Asking price per sq ft
$344
People and jobs
Median household income
$58,017
Population change (1 year)
+0.0%
Unemployment rate
4.8%
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Population
18,110
Income adjusted for cost of living
$65,630
Net moves in (IRS)
+72
Cost of living (US = 100)
88.4
Schools, risk and environment
School rating (1 to 10)
6.6
FEMA hazard risk score (0 to 100)
47.5
Unhealthy air days a year
0
Show 4 more
Flood risk score
64.4
Wildfire risk score
34.3
Walkability (1 to 20)
6.4
Road, rail and air noise
55 dB
Questions people ask
Is Avery County, NC overvalued?
Home prices in Avery County, NC are slightly above what local incomes have historically supported: fair value is about $361,188, so the area is 6.4% overvalued.
Is Avery County, NC a buyer's or seller's market?
Avery County, NC is a buyer's market: homes take about 114 days to sell, listings are up 4% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Avery County, NC?
Home values in Avery County, NC are down 1.1% over the last year.
How much do you need to earn to buy a home in Avery County, NC?
A household needs about $83,298 a year to afford the typical home in Avery County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $58,017.