Asheville’s Best Kept Secrets: Underrated Neighborhoods Buyers Shouldn’t Miss

Everyone knows about Montford’s historic charm, West Asheville’s hip vibe, and Biltmore Forest’s stately homes—but what if your perfect property is hiding somewhere a little less obvious?

If you're house hunting in Asheville and feeling discouraged by prices or bidding wars in the most popular zip codes, this post is for you.

Today, we’re shining a spotlight on five underrated Asheville neighborhoods that offer lifestyle perks, long-term value, and a little more breathing room—without sacrificing the mountain magic.

Why Look Beyond the “Hot” Spots?

As the Asheville market continues to grow and balance in 2025, many buyers are discovering that the best opportunities aren’t necessarily in the most buzzworthy zip codes. Here’s why exploring beyond the obvious pays off:

Lower competition = better deals and less stress
More space for the money
Charming communities with room to grow
Unique homes, local vibes, and quick access to nature

Let’s explore where to look.

1. Oakley

Median Price: $425,000

Vibe: Blue-collar roots meet boho rebirth

Where: Southeast Asheville, near Tunnel Road

Oakley is on the rise—and for good reason. This diverse, evolving neighborhood is a favorite for first-time buyers and creatives who want proximity to downtown without the price tag of North Asheville.

Expect:

Cute 1920s bungalows + 60s ranchers
Community parks, bakeries, and a strong local vibe
Ongoing investment and growth potential

Bonus: It’s just minutes from Biltmore Village and Mission Hospital—two major draws for renters and resale value.

2. Malvern Hills

Median Price: $495,000

Vibe: Classic suburbia with mountain-town soul

Where: West Asheville, tucked behind the action

Often overshadowed by West Asheville’s more walkable areas, Malvern Hills offers wide streets, established trees, and a slightly slower pace—without losing that westside charm.

Why buyers love it:

Larger lots and more traditional homes
A true neighborhood feel with dog walkers and garden clubs
Access to parks, tennis courts, and the Hominy Creek Greenway

If you want room to grow but still want to be near the River Arts District and Haywood Road, this is your sweet spot.

3. Leicester

Median Price: $365,000

Vibe: Rural-meets-residential

Where: Northwest of downtown, 20–30 mins out

If you’ve been dreaming of mountain views, garden space, and fewer neighbors, Leicester (pronounced “Lester”) could be your dream come true. It's especially popular with remote workers and nature-lovers.

What you’ll find:

Newer builds + renovated cabins
Some STR-friendly zoning
Incredible views, lower taxes, and less traffic

It’s a solid choice for buyers seeking peace, space, and a quick drive back into town.

4. Enka-Candler

Median Price: $390,000

Vibe: Affordable + developing

Where: Just west of Asheville city limits

This area used to be more industrial and overlooked, but it’s been quietly blossoming thanks to new construction and better access via Smokey Park Highway. With city infrastructure improvements and growing amenities, Enka-Candler is one to watch.

Expect:

Ranch homes, small farms, and new subdivisions
Easy I-40 access
Great for buyers looking to build equity or invest

Bonus: Outside Asheville city limits = more flexible STR regulations.

5. Swannanoa

Median Price: $410,000

Vibe: Laid-back and artsy, with a small-town feel

Where: East of Asheville, 15–20 minutes out

Swannanoa might be best known for Warren Wilson College and its scenic valley views, but this town is steadily attracting buyers looking for community, nature, and affordability.

What makes it special:

Unique homes with character and charm
Easy access to Black Mountain and the Blue Ridge Parkway
Great potential for rental or dual-use properties

It’s Asheville-adjacent living with a more relaxed pace—and still close enough for your morning coffee run into town.

How to Pick the Right Neighborhood for You

Start by thinking about lifestyle, not just logistics. Ask yourself:

Do I want to walk to restaurants, or is mountain solitude the goal?
Will I rent this property out (now or in the future)?
What’s my tolerance for home updates, septic systems, or winding drives?
Is school zoning or public transit access important to me?

The more you define your day-to-day goals, the easier it is to find a home (and a neighborhood) that matches.

Pro Tip: Get Your Free Asheville Buyer’s Guide

If you’re planning to buy in 2025, don’t go in blind. My Free Asheville Buyer’s Guide includes:

✔️ Neighborhood breakdowns with median prices + local insights

✔️ Zoning tips for STR buyers

✔️ What to look for in mountain homes (think slope, access, and systems)

✔️ Buyer timelines, loan tips, and inspection checklists

👉 Download Your Free Asheville Buyer’s Guide Here

This guide is based on real conversations with buyers just like you—people who want to move to Asheville and do it wisely.

Final Thoughts

Your dream home might not be on Montford Avenue or smack in the middle of downtown—and that’s okay. In fact, some of Asheville’s best-kept secrets are hiding just a few miles beyond the buzz.

Whether you’re looking for a starter home, a retreat property, or an investment rental, the “underrated” neighborhoods can offer everything you’re dreaming of—and then some.

Let’s explore what’s possible together. I’d love to help you find your place in the mountains.

📞 Book a free connection call and let’s start mapping out your move.

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