Hendersonville, NC 28739 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Hendersonville, NC—28739

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$450,000

3.1% YoY Growth

Household Income

$70,500

30.6% YoY Growth

Days on Market

102

10.0% Longer YoY

Home Price Forecast

1.4%

Median Rent

$1,680

13.4% YoY Growth

1-Bed Rent

$1,250

3.8% YoY Growth

2-Bed Rent

$1,600

7.6% YoY Growth

3-Bed Rent

$2,000

30.5% YoY Growth

Other Zip Codes in Hendersonville, NC

Home Price Trends — Hendersonville, NC

As of Dec '25, the median home price in Hendersonville, NC is $450,000, with a year-over-year change of -3.1%. This indicates that home prices in Hendersonville, NC are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$450,000	-3.1%
Single Family	$465,000	-3.3%
Condos	$299,000	-3.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hendersonville, NC

As of July '25, Rentcast reports the average rent in Hendersonville, NC is $1,880, with a year-over-year rent change of -13.4%. Per bedroom, the median rent as of July '25 in Hendersonville, NC is studios: $895, 1-bedrooms: $1,350, 2-bedrooms: $1,690, 3-bedrooms: $2,210, 4-bedrooms: $4,380. The most common rental property sizes in Hendersonville, NC are 2-bedroom and 3-bedroom, accounting for 48.5% and 24.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,680	$1,880
Studio Rent	$895	$895
1 Bed Rent	$1,250	$1,350
2 Bed Rent	$1,600	$1,690
3 Bed Rent	$2,000	$2,210
4 Bed Rent	$4,200	$4,380

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% of Rental Stock

Studio

6.2%

1 Bedroom

16.3%

2 Bedrooms

48.5%

3 Bedrooms

24.2%

4 Bedrooms

3.9%

5+ Bedrooms

0.9%

Property Listings — Hendersonville, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Hendersonville, NC is 85. This is a increase of 11.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$579,000	6.0%
Listing Count	207	59.0%
Listings as % of Homes	1.0%	59.0%
Days on Market	102	10.0%

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Demographics — Hendersonville, NC

As of the latest ACS Survey released in 2023, Hendersonville, NC has a population of 20,700, which has decreased by -3.8% over the past 5 years. Hendersonville, NC is a moderately popular place for families, as children make up 17.9% of the population. The area has a moderately educated workforce, with 43.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,700	-3.8%
% Under 18	17.9%	15.5%
% Seniors	31.7%	-3.6%
% WFH	12.5%	40.4%
% w/ College Degree	43.9%	19.0%

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As of the latest ACS Survey released in 2023, Hendersonville, NC is a predominantly white area, with 86.1% of the population identifying as white. The white population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Hendersonville, NC is hispanic, making up 7.2% of the population. Foreign-born residents account for 4.5% of the population in Hendersonville, NC, and this percentage has decreased by 16.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	86.1%	-1.1%
% Black	3.7%	94.7%
% Hispanic	7.2%	14.3%
% Asian	1.0%	25.0%
% Foreign Born	4.5%	-16.7%

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Mortgage and Risk — Hendersonville, NC

According to HUD data as of 2023, there were 380 mortgage originations in Hendersonville, NC, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Hendersonville, NC. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	380
% Conventional Loans	91.0%
% Government Loans	9.0%
% Investor Loans	2.0%
% Second Loans	5.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Hendersonville, NC

As of 2024, the percent of homes in Hendersonville, NC under the Section 8 program is 8.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Hendersonville, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	199
Total Units Section 8	200
% Rentals under Section 8	8.9%
% Occupied Section 8	84.4%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$100	$1,250	$1,350
2 Bedroom	-$80	$1,600	$1,520
3 Bedroom	-$50	$2,000	$1,950
4 Bedroom	-$1,630	$4,200	$2,570