Why Live in Grace
Grace, a serene suburb in northern Asheville, sits at the base of the tallest mountains in Appalachia, offering residents scenic views of the Blue Ridge and Black Mountains. This neighborhood features a diverse collection of home styles, including historic Craftsman, foursquare, colonial revival, midcentury ranchers, bungalows, Cape Cods, and Tudors. The area is known for its mature trees and colorful wildflowers, providing a sense of privacy and seclusion. Grace has seen little new construction, with many homeowners remaining in the community for years. Local students benefit from the highly rated Asheville City School System, with Asheville Middle School and Asheville High School both receiving high marks. The University of North Carolina’s Asheville Campus is just one mile south, offering higher education and Division 1 athletics.
Grace offers numerous outdoor activities, such as exploring trails at Lakeview Park, canoeing on Beaver Lake, and birdwatching at the Beaver Lake Bird Sanctuary. Golf enthusiasts can enjoy the Country Club of Asheville's 18-hole course. The Blue Ridge Parkway, easily accessible from Grace, provides a scenic drive through the mountains. Merrimon Avenue, the neighborhood's main commercial corridor, is lined with shops and restaurants, including 828 Family Pizzeria, Rye Knot, and The Hop Ice Cream Café. For groceries, residents have options like Ingles Market and The Fresh Market. The North Asheville Tailgate Market offers locally sourced goods and organic produce every Saturday.
Grace is conveniently located 3 miles from downtown Asheville, with two bus routes running along Merrimon Avenue for easy commutes. Interstate 26 and Interstate 240 provide direct routes to Asheville Regional Airport, 17 miles away. The neighborhood's crime rate is lower than the national average, contributing to its appeal for long-term residents.
Frequently Asked Questions
Is Grace a good place to live?
Grace is a good place to live. Grace is considered somewhat walkable and bikeable with some transit options. Grace has 6 parks for recreational activities. It is fairly sparse in population with 4.4 people per acre and a median age of 48. The average household income is $137,543 which is above the national average. College graduates make up 79.4% of residents. A majority of residents in Grace are home owners, with 33.5% of residents renting and 66.5% of residents owning their home. A
local real estate agent serving Grace can help you decide if this neighborhood is the right one for you. Learn more on our
Grace neighborhood guide.
How much do you need to make to afford a house in Grace?
The median home price in Grace is $462,997. If you put a 20% down payment of $92,600 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $103K a year to afford the median home price in Grace. The average household income in Grace is $138K.
What are the best public schools in Grace?
The best public schools that serve Grace are:
What are the best private schools in Grace?
The best private schools that serve Grace are:
What are the most popular zip codes in Grace, Asheville, NC?
What are the most popular neighborhoods near Grace, Asheville, NC?
Home Trends in Grace, NC
On average, homes in Grace, Asheville sell after 60 days on the market compared to the national average of 70 days. The median sale price for homes in Grace, Asheville over the last 12 months is $474,990, up 58% from the median home sale price over the previous 12 months.
Median Sale Price
$474,990
Median Single Family Sale Price
$419,939
Median 2 Bedroom Sale Price
$385,000
Median 1 Bedroom Sale Price
$451,005
Average Price Per Sq Ft
$307
Number of Homes for Sale
3
Last 12 months Home Sales
5
Median List Price
$462,997
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
58%