Avery County

North CarolinaPopulation: 17,679
46
/100
Hold
#667 of 1,000 counties
#61 in North Carolina (100 counties)
Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring
Updated July 28, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$394,309
Median Home Price
72% above national median
$23,825/mo
Est. Rent
Based on regional data
6.04%
Rent-to-Price Ratio
Estimated from price data
+$0
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score
46/100
46
Cash Flow(30%)
0/100

Rent data not available for cash flow calculation.

Appreciation(25%)
42/100

Based on -1.6% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
46/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

No significant strengths identified based on current data.

Challenges

  • -Declining home values (-1.6% YoY)
  • -Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
  • -Limited rent data (estimates used)

Economic Indicators

Population
17,679
Median Income
Data pending
Unemployment Rate
Data pending
Price-to-Income
Data pending

Who this market fits

Skip if
  • You can't tolerate negative leverage (cap rate below mortgage rate today)
  • You expect appreciation to carry the deal, but prices have declined year over year

Compare to Nearby Counties

CountyVerdict
MecklenburgNC
48$416,475$1,7375.01%HoldView
CurrentAveryNC
46$394,309Est. pendingHold
ClayNC
46$334,965Est. pendingHoldView
DurhamNC
46$394,861$1,6284.95%HoldView
SwainNC
44$319,059Est. pendingAvoidView
CarteretNC
44$466,579$1,7364.47%AvoidView

The Bottom Line

HoldAvery is a neutral market.

Avery County in North Carolina scores 46/100, ranking #667 of 1,000 US counties (top 85%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow
+$0/mo
Cap Rate
0.0%
Cash-on-Cash
0.0%

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