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Henderson County, NC

Hendersonville

RANK #718 / 996 NAT  ·  #35 / 51 NC  ·  POP 116,469

1YR FORECAST: -0.5%

5YR OUTLOOK: +18%

Our model projects Henderson County's housing market at -0.5% over the next year, underperforming most U.S. counties.

[01] Why Henderson County?

Henderson County, North Carolina, is known for its apple orchards and the annual North Carolina Apple Festival, reflecting its status as the state's largest apple producer. Located in the Blue Ridge Mountains, it sits about 30 miles south of Asheville. The county offers a blend of mountain scenery and small-city amenities, with elevations ranging from 1,400 to 5,000 feet. Outdoor recreation is a significant draw, with opportunities for hiking, mountain biking, and exploring waterfalls at places like DuPont State Recreational Forest and Bearwallow Mountain. Commuting within the county is generally manageable, and public transit, known as Apple Country Public Transit, serves Hendersonville, Fletcher, and Laurel Park.

Life in Henderson County attracts a mix of families and retirees, drawn by the natural environment and a sense of community. The Henderson County Public School system is recognized for its academic programs. The local economy is supported by tourism, manufacturing, and agriculture. Recent economic developments include investments in advanced manufacturing facilities, contributing to job growth in the region. The county's appeal stems from its combination of outdoor access, community atmosphere, and a diverse economic base.

[02] Market Snapshot

Housing Ratio
6.9x

Above national median (4.7x)

GDP Growth
+3.8%

Above national median

Home Prices
-2.8%

Prices declining

Climate & Terrain
2.0

Moderate climate & terrain

Price/Rent
12x

Below national median (13x)

Housing is fairly valued at 6.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Pardee UNC Health Care Healthcare
    1,000+
  2. 2
    AdventHealth Hendersonville Healthcare
  3. 3
    Henderson County Public Schools Education
  4. 4
    Walmart Retail
  5. 5
    Kimberly-Clark Corporation Manufacturing
    500+
  6. 6
    Sierra Nevada Brewing Co. Manufacturing
    250+
  7. 7
    Blue Ridge Community College Education
  8. 8
    BonWorth Retail
    100+
  9. 9
    Carolina Village Healthcare
  10. 10
    United Community Bank Finance

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Henderson County U.S. National

The Numbers

DEMOGRAPHICS
Population
116,469
+0.74% YoY
Median Household Income
$65,508
Median Home Value
$291,500
-2.84% 12mo
Median Rent
$1,032
Average Annual Pay
$54,106
+3.0% YoY
Employment
44,207
+3.7% YoY
Income-to-Home-Value
0.2247
Near national average
Migration Inflow
4.08%
of pop. from another state
Bachelor's Degree+
34.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$429,250
Days on Market
112
Slower market
Months of Supply
6.7
Buyer's market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
9.8%
Listings w/ Price Drops
16.9%
Building Permits (2024)
1,610
Single-Family Permits
988

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
15.0
per 100K · nat avg 14.8
Injury Deaths
110.8
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$425M
TOTAL
PROJECT AMOUNT STATUS
Rock Bluff Energy Park (Proposed Wind Farm)
Cordelio Power
$200M Proposed
Multiple Residential Developments (e.g., Baystone Glen, South Allen Road Apartments)
Various Developers
$100M Under Construction/Planned
BorgWarner Advanced Manufacturing Facility
BorgWarner Inc.
$75M Planned
Henderson County Solar Farm
Community Energy / Henderson County Solar LLC
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +3.8% 70 percentile
Population Growth +0.7% 62 percentile
Income Growth +9.3% 69 percentile
Vacancy Rate 1.1% 47 percentile
Home Price Change -2.8% 10 percentile
Rent Growth +2.0% 34 percentile
Price/Rent 12x 64 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Henderson County, NC a good place to move to?

At 27/100, Henderson County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $65,508 combined with job growth of +3.7% suggests the local economy is struggling to keep pace with national trends.

Is Henderson County affordable?

Henderson County leans toward the expensive side. A median home value of $291,500 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $1,032/month on average.

Is Henderson County growing or shrinking?

Henderson County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +3.7% clip. Home values shifted -2.8% in the past year.

Are people moving to Henderson County?

There's a moderate stream of newcomers. About 4.08% of residents moved from another state, which is above average and suggests Henderson County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Hoke County, NC 27 Surry County, NC 28 Johnston County, NC 26 Brunswick County, NC 31 Iredell County, NC 35 Moore County, NC 17 Wilson County, TN 27 Putnam County, TN 27