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Buncombe County

Learn about the people, housing, costs and businesses in Buncombe County County

Median Home$419,409
Median Rent$1,300/month
Population274,360
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare3% education
Home Value Growth⬆⬆+15.4% over 2 years
Young Adults28% of residentsslightly above average
Homeowners66% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableHighly Educated27% bachelor's · 12% graduate · top 5% nationally
Buncombe County
NC

Frequently Asked Questions

What are today's mortgage rates in Buncombe County?

As of today, the 30-year fixed mortgage rate for Buncombe County is approximately 6.946% (6.970% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Buncombe County
What is the median home price in Buncombe County?

The median home value in Buncombe County is $419k. The median monthly rent is $1,300. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Buncombe County?

Home values in Buncombe County have increased 15.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Buncombe County?

Based on a typical all-in ownership cost of $1,266/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Buncombe County is $76k/year.

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What industries drive the economy in Buncombe County?

The largest employment sectors in Buncombe County are public administration (25%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas