The story of this market
The typical home in McDowell County, North Carolina sells for about $270,000, or $213 per square foot.
Prices are down 21.4% from a year ago, which gives buyers more room to negotiate. Homes take about 73 days to sell, which is slow. Over the long run, values in this county have grown 121% since 2001. Last year 3 of 8 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,012 a month.
HUD sets the fair market rent for a 2-bedroom at $1,012 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2001–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+25.7%). Worst: 2010 (-4.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.7%
NC · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,289
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2001–2025
0%
2025 change
FHFA repeat-sales index, median of 8 census tracts in this county (2001 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
57
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $16,754,605.
Mortgage activity
Home lending in this county
73.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1660 | 900 | 73.9% | 4% | $175,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
McDowell County, North Carolina
The McDowell County housing market is currently experiencing a significant correction, with median sale prices down over 21% year-over-year. Sales volume has slowed and days on market have increased, indicating a cooling trend in buyer demand.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 2 cities · 2 ZIP reports
Median prices moved down 0.0% year over year.
Homes spend a median of 53 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 95.41% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
Reporting agencies in McDowell County recorded a violent crime rate of 242 per 100,000 residents in 2024, which is around the middle of the national range.
Key Gas Components, Incorporated is expanding its manufacturing operations in the county, planning to create 37 new jobs and invest in local facilities.
The median rental price is $1,300 per month, reflecting a decrease of 1.89%.
The local economy is supported by manufacturing and industrial operations, with recent expansion efforts by companies like Key Gas Components.
- Launch Family Entertainment Asheville4.429.4 mi
- Mountain Play Lodge4.628.6 mi
- Breakout Games527.3 mi
- Chuck E. Cheese4.425.9 mi
- Carolina Arcade Museum4.928.1 mi
- Harrah's Cherokee Center - Asheville4.227.4 mi
- The Orange Peel4.627.2 mi
- Ridgecrest Conference Center4.711.9 mi
- Justus Orchard4.726.6 mi
- Point Lookout Vineyards4.724.7 mi
- Catawba Falls4.811.1 mi
- Linville Caverns, Inc4.617.3 mi
- Pisgah National Forest4.816.3 mi
- Blue Ridge Parkway - Craggy Gardens Visitor Center4.716.6 mi
- Mount Mitchell State Park4.911.3 mi
- Biltmore4.728.7 mi
- Grove Arcade4.427.5 mi
- Southern Highland Craft Guild, Folk Art Center4.723.5 mi
- Asheville Pinball Museum4.827.4 mi
- Asheville Art Museum4.327.2 mi
- Catawba Falls4.811.1 mi
- Pisgah National Forest4.816.3 mi
- Blue Ridge Parkway - Craggy Gardens Visitor Center4.716.6 mi
- Mount Mitchell State Park4.911.3 mi
- Wiseman's View Scenic Overlook4.917.4 mi
- Lake James Camping Resort & Marina4.212.6 mi
- Bear Creek Marina4.17.7 mi
- Mimosa Boat Landing4.514.7 mi
- Lake Lure Washburn Marina4.620 mi
- Rumbling Bald on Lake Lure4.517.5 mi
- Silver Creek Golf Club4.616.4 mi
- Marion Lake Club4.49.8 mi
- Apple Valley Golf Course4.617.5 mi
- Bald Mountain Golf Course4.617.4 mi
- Ingles Markets4.314.7 mi
- Ingles Market4.34.3 mi
- Jamestown Flea & Farmers Market4.119.4 mi
- BERADU Specialty Market & Restaurant4.714.7 mi
- Ingles Markets4.314.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A major regional attraction offering water recreation and scenic mountain views that serves as a focal point for local lifestyle and tourism.
Data sourced from U.S. Census Bureau QuickFacts.
applies when — Applies to parcels where the title holder has created or is subject to recorded easements, restrictions, or conditions.
Imposes binding limitations on the use, development, or maintenance of the parcel as defined in the recorded instrument.
N.C. Gen. Stat. § 39-6.4
A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created.
N.C. Gen. Stat. § 105-355
applies when — Applies to parcels governed by a Homeowners' Association (Chapter 47F) or Condominium Association (Chapter 47C) where assessments remain unpaid.
Associations may file a claim of lien and foreclose in a manner similar to a mortgage under power of sale, or through a civil action.
N.C. Gen. Stat. § 47F-3-116 and § 47C-3-116
Allows for non-judicial foreclosure, though it requires a hearing before the Clerk of Superior Court to authorize the sale. Borrowers are entitled to a pre-foreclosure notice at least 45 days prior to the filing of a notice of hearing for primary residences.
N.C. Gen. Stat. Chapter 45, Article 2A and Article 11
Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate. Assessment is based on the true value in money, with counties required to conduct revaluations at least every eight years.
N.C. Gen. Stat. Chapter 105, Article 12 (2025)
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.