Asheville - NC housing market
The Asheville metro has a typical home value of $428,742, down 3.6% from a year ago. Homes sell in 37 days on average - a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($428,742) is the Zillow Home Value Index for the Asheville - NC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 3.6% over the past year. A home worth $444,753 last year is now worth roughly $428,742.
The median sale price , what homes actually close for , is $444,177. Homes are selling at 96.2% of list price, meaning buyers have room to negotiate.
Homes listed in Asheville - NC sit on the market for roughly 37 days before going pending. Shorter = seller's market; longer = buyer's market.
About 23.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 891 new listings hit the market each month in Asheville - NC. There are currently 3,305 homes for sale, up 14.6% from a year ago.
The typical monthly rent in Asheville - NC is $1,708, up 1.2% year over year. For investors, the price-to-rent ratio here is roughly 21x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in NC
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Charlotte - NC | $390,321 | -0.4% | 20.0d |
| Raleigh - NC | $438,364 | -2.2% | 16.0d |
| Greensboro - NC | $266,370 | +1.5% | 16.0d |
| Winston - NC | $283,871 | +2.8% | 14.0d |
| Durham - NC | $414,340 | -1.9% | 14.0d |
| Fayetteville - NC | $259,183 | +0.6% | 20.0d |