
190 Broadway St Apt 310
Asheville, NC
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Featured local agent — Asheville, NC
Compass Real Estate · Asheville, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Housing market overview · Updated monthly ·
$490,077median sale price
The median home sale price in Asheville, NC is $490,077, down 0.9% year-over-year. Homes sell in an average of 53 days with 664 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Asheville, NC is currently a buyer's market, based on 5.9 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
112
Last 12 weeks
Days on market
53
Average pace
Active listings
664
5.9 months supply
Sale-to-list
97.0%
Below asking
| Metric | Value |
|---|---|
| Median sale price | $490,077 |
| Median list price | $525,000 |
| Year-over-year price change | -0.9% |
| Average days on market | 53 days |
| Active inventory | 664 listings |
| Months of supply | 5.9 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $333/sq ft |
| Homes sold (latest month) | 112 |
| New listings (latest month) | 198 |
| Listings with a price cut | 29.4% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How the Asheville, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $545,000 | $340/sq ft | 86 | 50 days |
| Condo / Co-op | $399,000 | $351/sq ft | 21 | 56 days |
| Townhouse | $317,860 | $216/sq ft | 5 | 477 days |
Source: Redfin · Updated monthly
The Asheville housing market is currently classified as a buyer's market with a median sale price of $490,077. Prices have fallen 0.9% compared to last year, with homes spending an average of 53 days on market, indicating 5.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 6.9x provides context for how home values compare to local earning capacity.
There are currently 664 homes listed for sale in Asheville, North Carolina. The median listing price is $525K. Featured listings range from $280,000 to $2,700,000.

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC

Asheville, NC
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Active listings
664
Homes on market
Median list price
$525K
Avg. days on market
53
Days until sale
New this week
198
Newly listed
Population
94,369
Median income
$67,221/yr
Median age
40.7 years
Owner-occupied
50.3%
College grads
52.0%
Avg commute
18 min
Source: U.S. Census Bureau ACS
Zillow home value
$464,131
Zillow rent index
$1,688/mo
Price-to-rent ratio
22.9x
Price-to-income
6.9x
Source: Zillow Research
Asheville is a community of approximately 94K residents with a median age of 40.7 years.The median household income is $67,221, which represents a working-class community with solid middle-income opportunities. 52.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 50.3%, showing a blend of owner and renter-occupied properties. The average commute time is 18 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Asheville offers a balanced lifestyle with accessible home values relative to local income levels.
34 schools tracked · 17,149 students
The largest public schools serving Asheville, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Roberson High
Grades 9-12 · 1,495 students
IC Imagine
Grades K-12 · 1,218 students
Asheville High
Grades 9-12 · 1,165 students
Reynolds High
Grades 9-12 · 1,156 students
Erwin High
Grades 9-12 · 1,052 students
Estes Elementary
Grades PK-4 · 790 students
The Franklin School of Innovation
Grades 5-12 · 706 students
Koontz Intermediate
Grades 5-6 · 680 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Asheville side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Asheville, the price-to-rent ratio of 22.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Asheville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Asheville's median home price.
The median home sale price in Asheville is $490,077, down 0.9% from last year.
Homes typically spend 53 days on market before going under contract.
The median household income is $67,221 per year.
With 5.9 months of supply, Asheville is currently a buyer's market.
There are currently 664 homes listed for sale in Asheville, NC.
The Zillow Home Value Index (ZHVI) for Asheville is $464,131, representing the typical home value in the area.
The median condo/co-op sale price in Asheville, NC is $399,000, compared to $545,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Asheville, NC is $545,000 (about $340 per square foot).
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