Ashville, AL—35953
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ashville, AL
As of Oct '25, the median home price in Ashville, AL is $235,000, with a year-over-year change of -1.8%. This indicates that home prices in Ashville, AL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $235,000 | -1.8% |
| Single Family | $235,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $272,000 | 0.4% |
4 Bed | $377,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ashville, AL
As of July '25, Rentcast reports the average rent in Ashville, AL is $1,730, with a year-over-year rent change of -40.3%. Per bedroom, the median rent as of July '25 in Ashville, AL is 3-bedrooms: $1,730. The most common rental property sizes in Ashville, AL are 3-bedroom and 2-bedroom, accounting for 48.3% and 35.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,730 | $1,730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,730 | $1,730 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ashville, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Ashville, AL is 69. This is a decrease of -28.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $378,000 | -10.0% |
Listing Count | 24 | 14.0% |
| Listings as % of Homes | 0.4% | 14.0% |
Days on Market | 69 | -28.0% |
Demographics — Ashville, AL
As of the latest ACS Survey released in 2023, Ashville, AL has a population of 7,020, which has decreased by -6.7% over the past 5 years. Ashville, AL is a less popular place for families, as children make up 14.0% of the population. The area has a poorly educated workforce, with 8.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,020 | -6.7% |
% Under 18 | 14.0% | -42.9% |
% Seniors | 23.1% | 32.0% |
% WFH | 5.9% | 47.5% |
% w/ College Degree | 8.3% | 2.5% |
As of the latest ACS Survey released in 2023, Ashville, AL is a predominantly white area, with 88.2% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Ashville, AL is black, making up 7.8% of the population. Foreign-born residents account for 0.7% of the population in Ashville, AL, and this percentage has decreased by 36.4% 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 | 88.2% | 1.5% |
% Black | 7.8% | -26.4% |
% Hispanic | 1.6% | 14.3% |
% Asian | 0.4% | 100.0% |
% Foreign Born | 0.7% | -36.4% |
Mortgage and Risk — Ashville, AL
According to HUD data as of 2023, there were 142 mortgage originations in Ashville, AL, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Ashville, AL. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 142 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Ashville, AL
Ashville, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 19 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,150 |
| 2 Bedroom | N/A | N/A | $1,270 |
| 3 Bedroom | -$140 | $1,730 | $1,590 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Ashville, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $235,000 |
| Median Household Income | $69,400 |