Black Mountain, NC

Buyer's market+1.6% YoY

Housing market overview · Updated weekly

$584,000median sale price

Homes sold

9

Last 12 weeks

Days on market

147

Average pace

Active listings

79

8.8 months supply

Sale-to-list

97.3%

Below asking

The Black Mountain housing market is currently classified as a buyer's market with a median sale price of $584,000. Prices have risen 1.6% compared to last year, with homes spending an average of 147 days on market, indicating 8.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Black Mountain

There are currently 79 homes listed for sale in Black Mountain, North Carolina. The median listing price is $495K.

Active listings

79

Homes on market

Median list price

$495K

Avg. days on market

147

Days until sale

New this week

13

Newly listed

Price drops:16.5%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in Black Mountain?

The median home sale price in Black Mountain is $584,000, up 1.6% from last year.

How long do homes stay on market in Black Mountain?

Homes typically spend 147 days on market before going under contract.

Is Black Mountain a buyer's or seller's market?

With 8.8 months of supply, Black Mountain is currently a buyer's market.

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