Cities with the most expensive homes in the Asheville metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Asheville metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 30 cities and towns.

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#30. Barker Heights, NC

- Typical home value: $282,257
- 1-year price change: -2.5%
- 5-year price change: +20.0%

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#29. East Flat Rock, NC

- Typical home value: $291,924
- 1-year price change: -3.9%
- 5-year price change: +20.5%

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#28. Canton, NC

- Typical home value: $292,025
- 1-year price change: -3.9%
- 5-year price change: +14.6%

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#27. Hot Springs, NC

- Typical home value: $325,481
- 1-year price change: +0.5%
- 5-year price change: +13.6%

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#26. Clyde, NC

- Typical home value: $335,198
- 1-year price change: -2.7%
- 5-year price change: +18.4%

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#25. Swannanoa, NC

- Typical home value: $353,812
- 1-year price change: -4.9%
- 5-year price change: +17.1%

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#24. Waynesville, NC

- Typical home value: $355,574
- 1-year price change: -3.2%
- 5-year price change: +19.4%

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#23. Saluda, NC

- Typical home value: $367,403
- 1-year price change: -0.9%
- 5-year price change: +27.8%

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#22. Marshall, NC

- Typical home value: $373,326
- 1-year price change: +1.0%
- 5-year price change: +19.1%

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#21. Maggie Valley, NC

- Typical home value: $388,057
- 1-year price change: -3.1%
- 5-year price change: +23.5%

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#20. Barnardsville, NC

- Typical home value: $402,520
- 1-year price change: -1.7%
- 5-year price change: +21.8%

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#19. Hendersonville, NC

- Typical home value: $408,296
- 1-year price change: -1.7%
- 5-year price change: +20.5%

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#18. Candler, NC

- Typical home value: $412,138
- 1-year price change: -2.7%
- 5-year price change: +20.9%

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#17. Mars Hill, NC

- Typical home value: $413,922
- 1-year price change: -1.6%
- 5-year price change: +23.9%

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#16. Alexander, NC

- Typical home value: $414,363
- 1-year price change: -4.1%
- 5-year price change: +19.1%

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#15. Etowah, NC

- Typical home value: $419,250
- 1-year price change: -0.8%
- 5-year price change: +28.2%

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#14. Leicester, NC

- Typical home value: $423,689
- 1-year price change: -2.9%
- 5-year price change: +21.6%

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#13. Arden, NC

- Typical home value: $432,339
- 1-year price change: -4.2%
- 5-year price change: +15.5%

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#12. Lake Junaluska, NC

- Typical home value: $443,031
- 1-year price change: -3.1%
- 5-year price change: +22.5%

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#11. Fletcher, NC

- Typical home value: $448,371
- 1-year price change: -3.2%
- 5-year price change: +18.9%

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#10. Asheville, NC

- Typical home value: $448,688
- 1-year price change: -5.0%
- 5-year price change: +14.3%

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#9. Zirconia, NC

- Typical home value: $449,260
- 1-year price change: -0.4%
- 5-year price change: +15.8%

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#8. Flat Rock, NC

- Typical home value: $452,830
- 1-year price change: -2.0%
- 5-year price change: +19.9%

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#7. Black Mountain, NC

- Typical home value: $456,390
- 1-year price change: -3.6%
- 5-year price change: +21.4%

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#6. Weaverville, NC

- Typical home value: $462,548
- 1-year price change: -3.5%
- 5-year price change: +18.7%

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#5. Horse Shoe, NC

- Typical home value: $503,737
- 1-year price change: -1.8%
- 5-year price change: +26.8%

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#4. Laurel Park, NC

- Typical home value: $511,575
- 1-year price change: -0.7%
- 5-year price change: +21.8%

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#3. Fairview, NC

- Typical home value: $513,005
- 1-year price change: -4.2%
- 5-year price change: +22.1%

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#2. Mills River, NC

- Typical home value: $524,267
- 1-year price change: -2.9%
- 5-year price change: +21.6%

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#1. Montreat, NC

- Typical home value: $603,464
- 1-year price change: -6.1%
- 5-year price change: +17.7%

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