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Hendersonville, NC—28791

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$415,000
1.7% YoY Growth
Household Income
$78,200
44.9% YoY Growth
Days on Market
101
29.0% Longer YoY
Home Price Forecast
1.4%
Median Rent
$1,750
4.6% YoY Growth
1-Bed Rent
$850
6.8% YoY Growth
2-Bed Rent
$1,750
7.0% YoY Growth
3-Bed Rent
$1,950
6.1% YoY Growth

Other Zip Codes in Hendersonville, NC

2873928792
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hendersonville, NC

As of Dec '25, the median home price in Hendersonville, NC is $415,000, with a year-over-year change of -1.7%. 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 TypeMedian Home ValueYoY % Change
All Homes
$415,000-1.7%
Single Family $429,000-2.1%
Condos $326,000-0.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$319,000-3.0%
    3 Bed
    		$434,000-1.6%
    4 Bed
    		$594,000-1.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.9%
    1 Bedroom
    2.7%
    2 Bedrooms
    30.1%
    3 Bedrooms
    48.0%
    4 Bedrooms
    15.0%
    5+ Bedrooms
    3.4%

    Rental Trends — Hendersonville, NC

    As of July '25, Rentcast reports the average rent in Hendersonville, NC is $1,860, with a year-over-year rent change of -4.6%. Per bedroom, the median rent as of July '25 in Hendersonville, NC is 1-bedrooms: $1,100, 2-bedrooms: $1,730, 3-bedrooms: $2,140. The most common rental property sizes in Hendersonville, NC are 2-bedroom and 3-bedroom, accounting for 48.3% and 35.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,750$1,860
    Studio Rent N/AN/A
    1 Bed Rent $850$1,100
    2 Bed Rent $1,750$1,730
    3 Bed Rent $1,950$2,140
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    0.3%
    1 Bedroom
    8.6%
    2 Bedrooms
    48.3%
    3 Bedrooms
    35.0%
    4 Bedrooms
    5.6%
    5+ Bedrooms
    2.3%

    Property Listings — Hendersonville, NC

    As of Dec '25, Realtor.com reports that the median days on market for a home in Hendersonville, NC is 81. This is a increase of 64.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$492,000-6.0%
    Listing Count
    		12449.0%
    Listings as % of Homes0.8%49.0%
    Days on Market
    		10129.0%
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    Demographics — Hendersonville, NC

    As of the latest ACS Survey released in 2023, Hendersonville, NC has a population of 15,400, which has increased by 2.7% over the past 5 years. Hendersonville, NC is a moderately popular place for families, as children make up 16.3% of the population. The area has a highly educated workforce, with 45.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		15,4002.7%
    % Under 18
    		16.3%-1.8%
    % Seniors
    		28.4%-4.7%
    % WFH
    		9.1%139.5%
    % w/ College Degree
    		45.4%22.0%
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    As of the latest ACS Survey released in 2023, Hendersonville, NC is a predominantly white area, with 82.6% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in Hendersonville, NC is hispanic, making up 10.2% of the population. Foreign-born residents account for 7.9% of the population in Hendersonville, NC, and this percentage has increased by 38.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		82.6%-3.3%
    % Black
    		2.1%-16.0%
    % Hispanic
    		10.2%24.4%
    % Asian
    		2.1%90.9%
    % Foreign Born
    		7.9%38.6%
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    Mortgage and Risk — Hendersonville, NC

    According to HUD data as of 2023, there were 395 mortgage originations in Hendersonville, NC, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Hendersonville, NC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		395
    % Conventional Loans
    		92.0%
    % Government Loans
    		8.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		3.0%
    % Cash Out Refinance
    		10.0%
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    Rentals and Section 8 — Hendersonville, NC

    Hendersonville, NC lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		56
    Total Units Section 8
    		46
    % Rentals under Section 8
    		2.9%
    % Occupied Section 8
    		93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$500$850$1,350
    2 Bedroom-$230$1,750$1,520
    3 Bedroom$0$1,950$1,950
    4 BedroomN/AN/A$2,570

    Affordability — Hendersonville, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$415,000
    Median Household Income$78,200

    Hendersonville, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    28759

    Hendersonville, NC

    28739

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    28732

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    East Flat Rock, NC

    28726

    Frequently Asked Questions