Hendersonville 28792

Asheville, NC · Henderson County, NC · 20,214 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

32affordability /100

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

Payment burden
41.5%
severe
Days on market
84
daily
Price cuts
26.2%
of active
Valuation
-52.3%
vs assessor
Look up an address
28
/100
weak
stable · buyer advantage · 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

80/ 100SellerBalancedBuyer
Strong Buyer's Market
Needs 27.7% correction for affordability
DOM: 118d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)90
Valuation Gap (25%)80
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)50
Days on Market (5%)100

Strong buyer leverage in 28792. If you must buy now, offer 10-15% below list price. Payment burden: 41.6% of median income. A 16% price correction needed to reach 30% affordability threshold. Median days on market: 118. Renting is approximately 60% cheaper than buying (price-to-rent ratio: 19.2). Market appears 26% overpriced vs. assessed values.

What to Offer

Offer 10-15% below list price. Sellers are under pressure.

Conditions most similar to late 2007 — overvaluation without corresponding income growth. Significant correction potential.
STABLEBUYER ADVANTAGE

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage. Prices down 1.7% YoY.

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Market snapshoteach number, once

Median price
$377,114
▾ 1.7% YoY
Days on market
84
daily · zip_data
Median rent
$1,639
ZORI
Investor score
51/100
cash-flow lens
Active listings
217
90-day

Valuation3 lenses, different anchors

vs assessor
-52.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$179,920
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$217
Price-to-income6.8×

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How 28792 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

19SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply27.6 mo
Days on Market84d
Inv vs History+2.4%
Listing Density13.8/1k
Market dynamics
Price cut %26.2%
Momentumstable
LeverageBUYER ADVANTAGE
Months of supply27.6
Sales (90d)0
Investment analysis
Median rent$1,639
Price-to-rent19.2
Est. cap rate3.4%
Buy vs rentneutral

Livability

Walk score2
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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