08/18/2026
Asheville Region Housing Market Update - Buyer-Friendly Conditions Continue
The Asheville-area housing market remains firmly tilted toward buyers, with Months Supply of Inventory increasing again to 6.5 months. That is up from 6.4 last week and continues the steady rise we have seen over the past several months.
Across Buncombe County, 2,197 homes are currently for sale, including 1,159 in Asheville and 179 in Black Mountain. New listings once again outpaced sales, with 111 homes coming to market compared with 76 sold. That continued gap between supply and demand is helping keep inventory elevated.
Price reductions remain common as well, with 176 across Buncombe County this week, including 93 in Asheville. Buyers have choices, and sellers are increasingly competing for their attention.
At the same time, this is not a market where homes simply are not selling. 76 homes closed countywide this week, and the median sales price remains steady at $425,000. Average days on market also held at 68 days.
Looking back over the past few months, the bigger story is clear: inventory and Months Supply of Inventory have continued to rise while median pricing has remained relatively stable. That suggests the market is adjusting primarily through more buyer choice, longer negotiations, and seller price adjustments, rather than through a broad decline in home values.
For sellers, realistic pricing from the beginning remains especially important. For buyers, today's inventory levels provide more time, more choices, and greater negotiating opportunities than we have seen in several years.
Want to learn why real estate professionals pay so much attention to Months Supply of Inventory? We explain it here:
https://bit.ly/3UlBcnT
Thinking about buying or selling? We're here to help.