Fletcher 28732

Asheville, NC · Henderson County, NC · 7,226 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

42affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
34.9%
stretched
Days on market
72
daily
Price cuts
19.4%
of active
Valuation
-61.9%
vs assessor
Look up an address
39
/100
weak
cooling · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

68/ 100SellerBalancedBuyer
Negotiate Hard
Needs 14% correction for affordability
DOM: 115d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)75
Days on Market (5%)100

Moderate buyer leverage in 28732. Room to negotiate 5-10% below list. Payment burden: 34.9% of median income. Median days on market: 115. Renting is approximately 42% cheaper than buying (price-to-rent ratio: 17.0). Market appears 14% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 3.0% YoY.

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Market snapshoteach number, once

Median price
$457,266
▾ 3.0% YoY
Days on market
72
daily · zip_data
Median rent
$2,236
ZORI
Investor score
55/100
cash-flow lens
Active listings
160
90-day

Valuation3 lenses, different anchors

vs assessor
-61.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$174,210
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+56.8%
County-wide market — the widest, slowest signal.
Henderson+56.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$232
Price-to-income5.8×

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How 28732 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

16SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply17.9 mo
Days on Market72d
Inv vs History+0.2%
Listing Density22.8/1k
Market dynamics
Price cut %19.4%
Momentumcooling
LeverageBALANCED
Months of supply17.9
Sales (90d)0
Investment analysis
Median rent$2,236
Price-to-rent17.0
Est. cap rate3.8%
Buy vs rentneutral

Livability

Walk score8
Transit score
Bike score

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Henderson County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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