10/27/2026
Asheville Region Housing Market Update - A Quieter Week, With Prices Holding Steady
This was a slower week for our market, and not just on the seller side.
Buncombe County has 2,241 homes for sale, including 1,161 in Asheville and 166 in Black Mountain - virtually unchanged from last week. Only 73 new listings came on countywide and 52 homes sold, the third straight week sales have eased as we move deeper into fall. Asheville had a particularly quiet week, with 16 sales compared with 27 the week before.
The median sales price held at $420,000 for the third week in a row, and average days on market stayed at 71, so sellers are not giving back much on price - buyers are simply taking their time.
Even with inventory flat, Months Supply of Inventory crept up from 6.6 to 6.7 months. Months supply measures homes for sale against the pace of sales, so when buyers slow down, supply effectively grows. At 6.7 months, buyers have time to compare and negotiate, while sellers need to earn their attention. Learn more about why we track Months Supply of Inventory here: https://www.jasonlandrealty.com/blog/posts/2024/02/13/navigating-the-real-estate-market-with-34-months-supply-of-inventory-34-a-dawn-wilson-realty-guide/
Last week's spike in price reductions also settled down, falling from 217 to 157 across Buncombe County, including 87 in Asheville and just 6 in Black Mountain - the lowest countywide total we have seen in months.
Compared with a year ago, the county has more homes for sale (2,241 versus 2,124), but sales were slower than last year's pace, when 80 homes sold in the comparable week, and sellers made slightly fewer price reductions.
For buyers, a slower fall market can work in your favor: less competition and more time to decide. For sellers, the homes that stand out on price and condition are still the ones that move.
If you are thinking about buying or selling, we can help you understand what these numbers mean for you and guide you home.