Shared-appreciation loan
Mountain Housing Opportunities Down Payment Assistance Program (DAP)
First-time homebuyers · New construction · Income limits · Single Family · Townhouse · Condo
Down payment assistance · Buncombe County
Buying a home in Asheville, NC
1 Asheville program, 1 county program and 6 statewide.Asheville has 1 program of its own, 1 more across Buncombe County, and 6 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Asheville addresses
Asheville’s own program
Anywhere in BuncombeAnywhere in Buncombe County
1 county program1 county program a Asheville homebuyer can also use
The Asheville marketThe Asheville housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Asheville
- 56.4% single-familysingle-family
- 4% townhousetownhouse
- 8.2% 2–4 units2–4 units
- 27.6% 5+ unitscondo & apartment buildings (5+ units)
- 3.8% mobile & othermobile home & other
Condos count. All 2 of Asheville’s local and county programs accept condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Asheville’s homes were built
pre-19401970s2020+
47.6%
of Asheville homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$103,200
County area median income, 4 people (HUD)HUD area median income, Buncombe County, 4-person household (2026)
$71,102
Asheville median household incomeMedian household income in Asheville (Census, 2024)
14 of the 70 programs here set their income limit as a share of Buncombe County’s area median income, adjusted for household size. See the published limits for Buncombe County
Free help nearbyFree help near Asheville
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across North Carolina and nationwide
68 statewide & federal programs6 statewide programs, plus federal options
Asheville questions
Does Asheville have its own down payment program?
Yes, one: Mountain Housing Opportunities Down Payment Assistance Program (DAP), a shared-appreciation loan for first-time homebuyers (new construction, income limits). It is for homes inside Asheville.
Can I use assistance on a condo in Asheville?
All 2 of Asheville’s local and county programs accept condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Buncombe County?
Each program sets its own. 14 of the programs here set theirs as a share of HUD’s area median income for Buncombe County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Asheville?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Asheville. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
28801 · 28802 · 28803 · 28804 · 28805 · 28806 · 28810 · 28813 · 28814 · 28815 · 28816
Nearby in Buncombe
Sources
Sources: agency sites (July–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.