Best In North Carolina Real Estate™: Asheville
2026-09-26
🏆 19.3% of Homes Valued $1M+ — ALEX Intelligence, 2026
Mills River leads North Carolina in million-dollar housing concentration, with 19.3% of homes valued at $1 million or more — the highest in the Asheville market. This data, drawn from the U.S. Census Bureau’s American Community Survey 5-Year Estimates, 2024, reveals a deepening divide in the region’s housing landscape. While Asheville’s broader market sees moderating price growth, luxury is no longer distributed evenly — it’s concentrated in a single enclave.
This isn’t a national trend. It’s a micro-market signal: wealth is converging in Mills River, and the rest of the region is not keeping pace. The implications are clear — access to the highest-tier market is becoming a geographic lottery, not just a financial one.
Share of Homes Valued $1M or More in Asheville Market (ALEX Intelligence — 2026)
#1 Mills River <- this market
#2 Asheville
#3 Woodfin
#4 Black Mountain
#5 Brevard
#6 Waynesville
#7 Fletcher
#8 Etowah
#9 Hendersonville
#10 East Flat Rock
Source: https://alex-companies.com/data/2026-09-26-asheville-million-share-place-mkt
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Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator.
Diane Hart Alexander, MBA, MHA
Chair & CEO, ALEX Companies
Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574877-B · Broker License #565194-BB
[email protected] · +1 713.591.9902
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov



