Ash, NC—28420
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ash, NC
As of Oct '25, the median home price in Ash, NC is $252,000, with a year-over-year change of -5.9%. This indicates that home prices in Ash, NC are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $252,000 | -5.9% |
| Single Family | $252,000 | -6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $192,000 | -7.2% |
3 Bed | $248,000 | -6.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ash, NC
Ash, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,950 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,950 | $1,950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ash, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Ash, NC is 133. This is a increase of 32.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 7.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $336,000 | 26.0% |
Listing Count | 82 | 42.0% |
| Listings as % of Homes | 0.1% | 42.0% |
Days on Market | 133 | 32.0% |
Demographics — Ash, NC
As of the latest ACS Survey released in 2023, Ash, NC has a population of 2,700, which has decreased by -29.9% over the past 5 years. Ash, NC is a moderately popular place for families, as children make up 20.1% of the population. The area has a poorly educated workforce, with 13.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,700 | -29.9% |
% Under 18 | 20.1% | -12.2% |
% Seniors | 25.8% | 50.9% |
% WFH | 5.8% | 480.0% |
% w/ College Degree | 13.4% | -15.2% |
As of the latest ACS Survey released in 2023, Ash, NC is a predominantly white area, with 80.9% of the population identifying as white. The white population has shrunk by 4.7% in the last 5 years. The second most common race or ethnicity in Ash, NC is black, making up 9.9% of the population. Foreign-born residents account for 5.4% of the population in Ash, NC, and this percentage has increased by 145.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.9% | -4.7% |
% Black | 9.9% | 32.0% |
% Hispanic | 2.6% | 30.0% |
% Asian | 2.2% | 175.0% |
% Foreign Born | 5.4% | 145.5% |
Mortgage and Risk — Ash, NC
According to HUD data as of 2023, there were 61 mortgage originations in Ash, NC, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Ash, NC. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 61 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Ash, NC
Ash, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,020 |
| 2 Bedroom | N/A | N/A | $1,130 |
| 3 Bedroom | -$370 | $1,950 | $1,580 |
| 4 Bedroom | N/A | N/A | $1,900 |
Affordability — Ash, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $252,000 |
| Median Household Income | $51,300 |