Your Asheboro, NC Real Estate Questions Answered

Asheboro, NC, is located in what was once known as the “Black Belt,” a swath of land across the southern United States that was largely agricultural until the late 19th century and early 20th century because of its fertile soils. In modern times, this mid-sized city in the “Old North State” offers small-town living with modern conveniences. In recent years, the downtown area has been revitalized with new businesses and entertainment options. It’s now one of the fastest-growing areas in the state.

Housing in Asheboro is varied, with something for every budget. There are apartments, townhomes, single-family homes, and a few 55+ communities. If you’re considering moving to Asheboro, get answers to the most commonly asked real estate questions.

What is the average price of a home in Asheboro, NC?

Asheboro’s median home price was $199,900 in February 2022, up 5.5% year-over-year. Its housing prices have been on the rise but at a more stable pace than other areas of the state.  

April 2022 list prices ranged from $4.5K for an undeveloped lot to $1.8M for an estate home with 5,500 sq ft living space and 19 acres. In between lies something for every budget. Overall, Asheboro offers a sparse, suburban-style of living. Larger lots are available for what you’d pay in a larger metro.

Are there any condos or townhomes available in Asheboro, NC? 

Asheboro had five condos or townhomes listed in April 2022. The most affordable was $159,900 for three bedrooms, 2.5 bathrooms, and 1,307 sq ft. The most expensive was $225,000, with three bedrooms and 2.5 bathrooms, and 1,742 sq ft. 

Some places to look are Asheboro Mill Lofts, Colonial South, and the Village of Stone Creek.

What is the cost of living in Asheboro?

The overall cost of living in Asheboro is 80.6, which is lower than the US average of 100. Housing scored 54, meaning it costs 46% less than the national average to buy a home in Asheboro. Only health care costs were above the national cost of living average.

What is the property tax rate for Asheboro, NC?

The City of Asheboro charged $0.665 in 2021-2022. The Asheboro school tax rate was $0.1439, and the Randolph County tax rate was $0.6327 in 2021-2022. Homeowners paid a combined $1.4416 per $100 of assessed property value.

What county is Asheboro, NC in?

Asheboro is the county seat for Randolph County, North Carolina. It is a rural area in the Piedmont Triad region. It has a gently rolling landscape and a temperate climate with four distinct seasons.

Randolph County is a small-town community with big-city advantages, an ideal balance of commercial and residential areas, and a stable economy. It’s close enough to larger cities to access the amenities but far removed from traffic congestion, higher unemployment, and an increasing crime rate.

The county has cultural attractions, such as the Randolph County Museum and the Seagrove Pottery Museum. Residents have lakes for fishing and swimming. Several parks include Randleman Dam Recreation Area and Uwharrie National Forest. Explore the numerous hiking and biking trails in these ancient and revered mountains.

The North Carolina State Zoological Park, the world’s largest natural habitat zoo with 500 acres of exhibits and over 1,000 animals, is located in Randolph County. Another attraction in Randolph County is the Richard Petty Museum, celebrating NASCAR’s all-time career victory leader.

Is Asheboro, NC, growing?

The population was 27,156 in the 2020 Census, adding around 2,100 residents since 2010. It is growing at a rate of 0.47% each year. Randolph County had 144,171 residents in 2020 and is growing at an estimated 0.7% each year.

What neighborhoods are in Asheboro, NC?

The city is generally separated into central Asheboro and Asheboro North. It is spread north to south along I-74 and Business Hwy 220. Asheboro had 13 constituent neighborhoods, with the Asheboro West area reporting the highest housing prices. 

Are there any waterfront properties found in Asheboro, NC? 

While some creeks run through Asheboro, your best bet for waterfront living is outside the city limits along Lake Lucas. Many of these lakefront lots are spacious in size.

It’s also very possible to find other properties surrounding Asheboro with private ponds or lakes. In April 2022, we found one listing with a stocked lake, one with a private pond on six acres, and one with views on Farlows Lake near the Asheboro Bypass.

How is golf in Asheboro, NC?

Tot Hill Golf Course is a stunning 7,800-yard par 72 course winding through a labyrinth of beautiful rock formations and streams. The course has five sets of tees to challenge players of all abilities and numerous difficult pin placements on the vast greens. 

Asheboro Municipal Golf Course was launched in 1935. Donald Ross designed the nine-hole course. It has daily rates and memberships.

Asheboro Country Club is outside town, set in the Caraway Mountains, part of the Uwharrie Mountain range. This traditional design cuts through towering pines and tall oaks, providing a challenge for all golfers. The gentle slopes encourage the golfer to position their tee shots carefully, and the well-bunkered and mounded greens make for a delicate approach shot. The course is a par 71 championship layout with 6,473 yards.

The Pinewood Country Club is a service-oriented club that caters to its members and guests. It has hosted a range of qualifying and championship events over the years. The par 72 course, with its 6,791 yards, has been called a hidden gem in the Piedmont Triad Area.

What areas are near Asheboro, NC?

Asheboro is in the central part of North Carolina, which includes the larger metros of Greensboro, Winston-Salem, and High Point.

Greensboro is a place for entertainment and education. Find several museums, including the Greensboro Children’s Museum and the Greensboro History Museum. Visit the Greensboro Science Center, the Greensboro Coliseum, and the Wet ‘n Wild Emerald Pointe water park. Greensboro is directly north on I-73 and a 28-minute drive from downtown Asheboro.

High Point is known for its furniture industry, with several furniture companies headquartered there. You can also find High Point University, several golf courses, and parks like Oak Hollow Park. High Point is 30 minutes away via I-73 to I-74.

Winston-Salem is home to Old Salem Museums & Gardens, a historic district with restored buildings from the 18th and 19th centuries. The Southeastern Center for Contemporary Art, the Reynolda House Museum of American Art, and more attractions increase the things to do. It’s accessible from I-73 to I-74. Central Asheboro residents can get to downtown Winston-Salem in 45 minutes.

The Uwharrie National Forest is to the east and south of Asheboro, with over 50,000 acres for hiking, camping, fishing, and more. It’s about a 35-minute drive on US-220 South but can be longer depending on where you visit.

North Asheboro borders the small town of Randleman. It’s about 10 minutes away and is home to the North Carolina Zoo and the Richard Petty Museum. Randleman Lake is also a popular spot for fishing, swimming, boating, and picnicking.

Raleigh, the state capital, is about an hour and a half drive. Charlotte is about two hours away.

What to know about living in Asheboro, NC

Asheboro is considered to be a friendly city. The cost of living in Asheboro is lower than the state and national averages, making it possible to have a robust lifestyle. The city is also pretty spread out, so there tends to be more space between neighbors. The central North Carolina location makes it easy to take day trips to Charlotte, Raleigh, Greensboro, and Winston-Salem. 

If you’re looking at living in Asheboro, contact a local real estate agent to find the right neighborhood for you.