Asheville, NC · North Carolina

Buncombe County

ZIP 28715

271,790 residents1,806 permits TTM$70,578 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$360,000

ACS 5-Year

Cap rate proxy

4.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.8%

HUD FMR ÷ ACS HHI

Net migration

+2.47%

IRS SOI

Permits (TTM)

1,806

Census BPS

Climate risk

89.3

FEMA NRI (0–100)

ZIP 28715

Median home value

Gross yield

Buy Box score

0.5

Section 8 gap

Affordability

P/I: 5.8R/I: 31.6%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown16 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
287090.8
287780.7
287010.6
288060.5
287150.5
287300.3
287110.3
288030.3
287040.3
287480.2
288050.2
287870.2
288010.1
288040.1
28757
28770

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Demographics

Owner-occupied

64.4%

Census ACS

Vacancy rate

22.3%

Census ACS

Bachelor's degree +

44.6%

Census ACS

Rent burdened

48.9%

Census ACS (>30% income)

Median age

42.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026