Construction Value
$11.5M ▲ 1.8%
Units Permitted
84 ▼ 29.4%
Avg Value / Unit
$137K
2024 · Census Bureau Building Permits Survey
Construction activity in Asheboro slowed in 2024, down 29.4% from the prior year with 84 housing units permitted. At $137K per unit, new builds are 48% below the Randolph County average of $263K, indicating more affordable construction. Volume is still modest compared to neighboring towns (14% fewer units than the county average of 98), but the investment per project is strong. 45.2% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$425
per resident
County avg: $8K-95%
$590K
per square mile
Asheboro vs. Randolph County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 46 | 46 | $8.1M | 70% |
| ■ Duplex | 38 | 19 | $3.5M | 30% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 1 permit-issuing towns in Randolph County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →