Brokers — List your Company Here
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.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Black Mountain, NC Housing Market
The typical home in Black Mountain, NC is worth $456,390, fell 5.2% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $474,000, -21.1% year over year (through May 2026). With 14.1 months of supply and homes going under contract in about 94 days, Black Mountain is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $456,390 home is about $2,436/mo in principal and interest.
Key numbers for Black Mountain, NC
Typical home value
$456,390
-5.2% in 12 months
Zillow, August 2026
Typical asking rent
$1,775/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$474,000
-21.1% year over year
Redfin, through May 2026
Days on market
94
Slow-moving
Redfin, through May 2026
Active listings
113
14.1 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$70,041
Home costs 6.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
96.6%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Black Mountain a buyer's or seller's market?
Black Mountain, NC is a buyer's market, based on 14.1 months of supply and homes selling in about 94 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Black Mountain housing market data show?
Every row below is Redfin's final published month for Black Mountain, NC. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $474,000 |
| Median list price | $637,500 |
| Year-over-year price change | -21.1% |
| Median price per sq ft | $272/sq ft |
| Median days on market | 94 days |
| Active inventory | 113 listings |
| Months of supply | 14.1 months |
| Sale-to-list price ratio | 96.6% |
| Homes sold (that month) | 8 |
| New listings (that month) | 30 |
| Listings with a price cut | 28.3% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Black Mountain is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Black Mountain is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Black Mountain home prices moved?
Over the last three years the median sale price in Black Mountain, NC fell 4.4%, from $496,000 to $474,000. The live Zillow value series has fell 5.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 28.3% of Black Mountain listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 14.1 months while the sale-to-list ratio slips below its current 96.6%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
Get Black Mountain market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Black Mountain?
Priced off the typical home value of $456,390 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $91,278 | $365,112 | $2,436/mo |
| 5% | $22,819 | $433,570 | $2,893/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,436, that implies roughly $104,420 a year before you add taxes and insurance. The median household in Black Mountain earns $70,041, about $34,379 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Black Mountain in the next 12 months?
Tell us your timeline. We send the Black Mountain market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Black Mountain?
Typical asking rent in Black Mountain, NC is $1,775/mo, against a typical home value of $456,390. That is a price-to-rent ratio of 21.4x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $2,436 a month — $661 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Black Mountain?
Active listings in Black Mountain, NC went from 87 in May 2025 to 113 in May 2026, a +29.9% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 94 | 28 |
| July 2025 | 86 | 17 |
| August 2025 | 78 | 20 |
| September 2025 | 85 | 24 |
| October 2025 | 86 | 23 |
| November 2025 | 93 | 26 |
| December 2025 | 80 | 8 |
| January 2026 | 77 | 9 |
| February 2026 | 80 | 13 |
| March 2026 | 88 | 25 |
| April 2026 | 98 | 29 |
| May 2026 | 113 | 30 |
Redfin, through May 2026
How does Black Mountain compare to North Carolina and the U.S.?
Black Mountain homes sell for $474,000 — 19% above the North Carolina median of $397,600. Against the national median of $410,700, Black Mountain runs 15% higher. Year-over-year, Black Mountain moved -21.1% against North Carolina's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Black Mountain, NC | $474,000 | -21.1% | 94 days |
| North Carolina statewide | $397,600 | +2.1% | 52 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Black Mountain
What buyers should watch
- Months of supply, currently 14.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 28.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $457 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $456,390 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Black Mountain listing goes under contract in 94 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 96.6% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Black Mountain added 30 new listings against 8 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -5.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Black Mountain varies more than the citywide median suggests — check the ZIP pages below before you set a number.
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
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. Redfin, through May 2026
| 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 |
Who lives in Black Mountain?
American Community Survey estimates for Black Mountain. U.S. Census ACS, 2023
Population
8,462
Households
3,774
Median income
$70,041/yr
Median age
60.6 years
Owner-occupied
65.2%
Median home value
$351,700
Median gross rent
$1,334/mo
Mean commute
20.9 min
65.2% of occupied homes in Black Mountain are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $351,700 against Zillow's $456,390 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,334/mo, below Zillow's $1,775/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
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?
Ordered by distance from Black Mountain, not by size. Compare Black Mountain side by side with any of them.
Black Mountain housing market FAQ
Is Black Mountain a buyer's or seller's market?
Black Mountain, NC is currently a buyer's market. That read comes from 14.1 months of supply, homes going under contract in about 94 days, and sellers getting 96.6% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Black Mountain?
The typical home in Black Mountain, NC is worth $456,390 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $474,000, about $272 per square foot.
Is Black Mountain cheaper than the rest of North Carolina?
Black Mountain's median sale price of $474,000 is 19% higher than the North Carolina statewide median of $397,600, and 15% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Black Mountain?
Homes in Black Mountain, NC spent a median of 94 days on market before going under contract, versus 52 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Black Mountain?
At the current 30-year fixed rate of 7.03%, 20% down on a $456,390 home is about $2,436 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $104,420 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $70,041.
Are home prices rising in Black Mountain?
The typical home value in Black Mountain, NC fell 5.2% over the last 12 months, from $481,223 to $456,390 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Black Mountain?
Black Mountain ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Black Mountain?
That depends on your timeline, not on a headline. What the data says today: Black Mountain, NC is a buyer's market with 14.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.4x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Black Mountain, NC
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Black Mountain
Nearby markets
Get the Black Mountain market brief
Get the Black Mountain, NC market brief
One email: what homes are actually clearing at around $456,390, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.