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Featured local agent — Black Mountain, NC
Sarah Mitchell
Compass Real Estate · Black Mountain, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Black Mountain, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$474,000median sale price
How is the Black Mountain, NC housing market right now?
The median home sale price in Black Mountain, NC is $474,000, down 21.1% year-over-year. Homes sell in an average of 94 days with 113 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.)
Is Black Mountain a buyer's or seller's market?
Black Mountain, NC is currently a buyer's market, based on 14.1 months of supply and homes selling in about 94 days. How we determine this →
Homes sold
8
Last 12 weeks
Days on market
94
Average pace
Active listings
113
14.1 months supply
Sale-to-list
96.6%
Below asking
What does the Black Mountain housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $474,000 |
| Median list price | $637,500 |
| Year-over-year price change | -21.1% |
| Average days on market | 94 days |
| Active inventory | 113 listings |
| Months of supply | 14.1 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $272/sq ft |
| Homes sold (latest month) | 8 |
| New listings (latest month) | 30 |
| Listings with a price cut | 28.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Black Mountain by property type?
How the Black Mountain, 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 | $474,000 | $272/sq ft | 8 | 94 days |
| Condo / Co-op | $342,500 | $311/sq ft | 1 | 99 days |
| Townhouse | $570,000 | $287/sq ft | 2 | 164 days |
Source: Redfin · Updated monthly
The Black Mountain housing market is currently classified as a buyer's market with a median sale price of $474,000. Prices have fallen 21.1% compared to last year, with homes spending an average of 94 days on market, indicating 14.1 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 6.7x provides context for how home values compare to local earning capacity.
Homes for sale in Black Mountain
There are currently 113 homes listed for sale in Black Mountain, North Carolina. The median listing price is $638K.
Active listings
113
Homes on market
Median list price
$638K
Avg. days on market
94
Days until sale
New this week
30
Newly listed
Who lives in Black Mountain?
Population
8,462
Median income
$70,041/yr
Median age
60.6 years
Owner-occupied
65.2%
College grads
58.7%
Avg commute
20.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Black Mountain?
Zillow home value
$470,255
Zillow rent index
$1,761/mo
Price-to-rent ratio
22.3x
Price-to-income
6.7x
Source: Zillow Research
What is it like to live in Black Mountain?
Black Mountain is a community of approximately 8K residents with a median age of 60.6 years.The median household income is $70,041, which represents a working-class community with solid middle-income opportunities. 58.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Black Mountain offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Black Mountain?
3 schools tracked · 1,177 students
The largest public schools serving Black Mountain, 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.
Owen High
Grades 9-12 · 683 students
Black Mountain Primary
Grades PK-3 · 344 students
Black Mountain Elementary
Grades 4-5 · 150 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Black Mountain, NC?
Want a head-to-head view? Compare Black Mountain side-by-side with any other U.S. city using our market-comparison tool.
Is Black Mountain a good real estate investment market?
For investors evaluating Black Mountain, the price-to-rent ratio of 22.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 21.1% 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 Black Mountain's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Black Mountain's median home price.
Frequently asked questions
What is the average home price in Black Mountain?
The median home sale price in Black Mountain is $474,000, down 21.1% from last year.
How long do homes stay on market in Black Mountain?
Homes typically spend 94 days on market before going under contract.
What is the median income in Black Mountain?
The median household income is $70,041 per year.
Is Black Mountain a buyer's or seller's market?
With 14.1 months of supply, Black Mountain is currently a buyer's market.
What is the Zillow home value estimate for Black Mountain?
The Zillow Home Value Index (ZHVI) for Black Mountain is $470,255, representing the typical home value in the area.
What is the median condo price in Black Mountain?
The median condo/co-op sale price in Black Mountain, NC is $342,500, compared to $474,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Black Mountain?
The median single-family home price in Black Mountain, NC is $474,000 (about $272 per square foot).
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