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Featured local agent — Swannanoa, NC
Sarah Mitchell
Compass Real Estate · Swannanoa, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Swannanoa, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$650,000median sale price
How is the Swannanoa, NC housing market right now?
The median home sale price in Swannanoa, NC is $650,000, up 79.1% year-over-year. Homes sell in an average of 55 days with 16 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 Swannanoa a buyer's or seller's market?
Swannanoa, NC is currently a buyer's market, based on 5.3 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
55
Average pace
Active listings
16
5.3 months supply
Sale-to-list
95.5%
Below asking
What does the Swannanoa housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $650,000 |
| Median list price | $372,000 |
| Year-over-year price change | +79.1% |
| Average days on market | 55 days |
| Active inventory | 16 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 95.5% |
| Median price per sq ft | $233/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 43.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Swannanoa by property type?
How the Swannanoa, 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 | $650,000 | $233/sq ft | 3 | 55 days |
| Townhouse | $302,000 | $211/sq ft | 1 | 185 days |
Source: Redfin · Updated monthly
The Swannanoa housing market is currently classified as a buyer's market with a median sale price of $650,000. Prices have risen 79.1% compared to last year, with homes spending an average of 55 days on market, indicating 5.3 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 5.0x provides context for how home values compare to local earning capacity.
Homes for sale in Swannanoa
There are currently 16 homes listed for sale in Swannanoa, North Carolina. The median listing price is $372K.
Active listings
16
Homes on market
Median list price
$372K
Avg. days on market
55
Days until sale
New this week
4
Newly listed
Who lives in Swannanoa?
Population
6,043
Median income
$72,978/yr
Median age
32.9 years
Owner-occupied
80.0%
College grads
30.8%
Avg commute
17.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Swannanoa?
Zillow home value
$364,801
Zillow rent index
$1,830/mo
Price-to-rent ratio
16.6x
Price-to-income
5.0x
Source: Zillow Research
What is it like to live in Swannanoa?
Swannanoa is a community of approximately 6K residents with a median age of 32.9 years.The median household income is $72,978, which represents a working-class community with solid middle-income opportunities. 30.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Swannanoa offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Swannanoa?
4 schools tracked · 1,441 students
The largest public schools serving Swannanoa, 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.
Williams Elementary
Grades PK-5 · 465 students
Owen Middle
Grades 6-8 · 435 students
ArtSpace Charter School
Grades K-8 · 410 students
Community High School
Grades 7-12 · 131 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 Swannanoa, NC?
Want a head-to-head view? Compare Swannanoa side-by-side with any other U.S. city using our market-comparison tool.
Is Swannanoa a good real estate investment market?
For investors evaluating Swannanoa, the price-to-rent ratio of 16.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 79.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Swannanoa's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Swannanoa's median home price.
Frequently asked questions
What is the average home price in Swannanoa?
The median home sale price in Swannanoa is $650,000, up 79.1% from last year.
How long do homes stay on market in Swannanoa?
Homes typically spend 55 days on market before going under contract.
What is the median income in Swannanoa?
The median household income is $72,978 per year.
Is Swannanoa a buyer's or seller's market?
With 5.3 months of supply, Swannanoa is currently a buyer's market.
What is the Zillow home value estimate for Swannanoa?
The Zillow Home Value Index (ZHVI) for Swannanoa is $364,801, representing the typical home value in the area.
How much does a single-family home cost in Swannanoa?
The median single-family home price in Swannanoa, NC is $650,000 (about $233 per square foot).
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