Henderson County, North Carolina Housing Market Prices
Henderson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 6% above the North Carolina median More expensive than 78% of counties in North Carolina$294,864
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Median rent 3% below the North Carolina median More expensive than 84% of counties in North Carolina$1,186
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Henderson County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $294,864 | $278,288 | $248,835 |
| Price Trend (Annual %) | 9.5% | 9.3% | 7.5% |
| Median Gross Rent | $1,186 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 5.4% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Henderson County is about 6% higher than in North Carolina. Rent is about 3% lower than the North Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Henderson County, up about 9.5% and 5.4% a year respectively. Home prices are changing faster.
Median rent in Henderson County rose about 58.4% between 2015 and 2024, from $749 to $1,186. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Henderson County.
Buying the median-priced home in Henderson County costs roughly 20.7 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Henderson County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Henderson County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $294,864 | $278,288 | $248,835 |
| Median Household Income | $69,064 | $72,438 | $80,455 |
| Price-to-Income Ratio | 4.3 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Henderson County rose about 78.7%, while median household income rose about 47.1% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Henderson County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.0% | 58.3% | 58.5% |
| Rental Rate | 22.0% | 29.2% | 31.2% |
| Vacancy Rate | 12.0% | 12.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Henderson County has a homeownership rate of 66.0%, higher than the North Carolina average of 58.3%. Its housing vacancy rate is 12.0%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Henderson County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.29 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1989 | 1989 | 1978 |
| Median Number of Rooms | 5.7 | 5.6 | 5.5 |
The typical housing unit in Henderson County was built around 1989. On average, 2.3 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Henderson County, NC Housing Compared With Nearby Counties
Henderson County, NC is typical in size for this group, 118,522 residents against a local median of 134,527, so the measures below are close to a like for like comparison. Where Henderson County, NC breaks from the counties next to it is median home price, sitting 22% below the local median of $378,378 at $294,864.
The counties themselves spread $157,627 on median home price, so Henderson County, NC sits at one end of an already wide local range rather than apart from it. Henderson County, NC has the 4th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Henderson County, NC | 118,522 | $294,864 #4/6 | $1,186 #3/6 | 75.0% #2/6 |
| Buncombe County, NC | 274,254 | $426,146 | $1,362 | 66.2% |
| Polk County, NC | 19,891 | $425,296 | $1,177 | 76.9% |
| Transylvania County, NC | 33,685 | $378,378 | $966 | 74.7% |
| Greenville County, SC | 547,972 | $281,622 | $1,262 | 68.9% |
| Pickens County, SC | 134,527 | $268,520 | $971 | 70.9% |
Frequently Asked Questions
Common questions about the housing market in Henderson County, North Carolina.
What is the median home price in Henderson County, North Carolina?
The median home price in Henderson County, North Carolina is $294,864, higher than the North Carolina average of $278,288.
What is the average home price in Henderson County, North Carolina?
The typical home price in Henderson County, North Carolina, reported as the median sale price, is $294,864. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Henderson County, North Carolina?
The median gross rent in Henderson County, North Carolina is $1,186 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Henderson County in 2020?
In 2020, the median gross rent in Henderson County, North Carolina was $915 per month.
What is the price-to-rent ratio in Henderson County, North Carolina?
The price-to-rent ratio in Henderson County, North Carolina is about 20.7, meaning it would take roughly 20.7 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Henderson County.
Are home prices or rent rising faster in Henderson County, North Carolina?
Both home prices and rent are rising in Henderson County, up about 9.5% and 5.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Henderson County, North Carolina?
66.0% of households in Henderson County, North Carolina own their home, higher than the North Carolina average of 58.3%.
What is the vacancy rate in Henderson County, North Carolina?
The housing vacancy rate in Henderson County, North Carolina is 12.0%, lower than the North Carolina average of 12.5%.
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