Cullowhee housing market
Typical home value
$406K
▼ 0.7% 1 yr
Typical rent
$1,410/mo
▲ 8.0% 1 yr
12-month forecast
+0.3%
#448 of 546 metros
Gross rent yield
4.2%
#494 of 546 · U.S. 6.3%
Days to pending
94 days
▼ −16 days 1 yr
Listings with a price cut
19%
▼ −2.2 pts 1 yr
Key takeaways
- 1The typical home is worth $405,775, down 0.7% in a year and up 23% over five years.
- 2Zillow forecasts home values rising 0.3% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,410/mo (+8.0% YoY), a 4.2% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,230/mo in principal and interest, $820 more than renting.
- 5Homes go under contract in 94 days (−16 days vs last year); 19% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 39/100, #309 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Cullowhee compares
| Measure | Cullowhee | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | −0.7% | +1.2% | #490 |
| Home value, 5-yr change | +23.4% | +19.7% | |
| 12-month forecast | +0.3% | +1.1% | #448 |
| Rent, 1-yr change | +8.0% | +2.7% | #34 |
| Gross rent yield | 4.2% | 6.3% | #494 |
| Price-to-rent ratio | 24.0 | 15.8 | |
| Mortgage P&I on typical home | $2,230 | $2,012 | |
| Days to pending | 94 | 56 |
Run the numbers
Rental property calculator
Cash flow on a typical Cullowhee rental ($406K, $1,410/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Cullowhee home.
Rent vs buy
Is it cheaper to rent or buy in Cullowhee?
Renting out a property in North Carolina? See deposit limits, late fee rules and notice periods.
Other North Carolina metros
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Greensboro, NC
$261K home$1,406 rent6.5% yield
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Winston, NC
$278K home$1,529 rent6.6% yield
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Durham, NC
$402K home$1,640 rent4.9% yield
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Fayetteville, NC
$254K home$1,454 rent6.9% yield
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Asheville, NC
$416K home$1,702 rent4.9% yield
▼ 3.3% 1 yr
Hickory, NC
$267K home$1,595 rent7.2% yield
▲ 1.7% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.