06/09/2026
Asheville Region Housing Market Update - A Milestone Week for Inventory
This week's numbers mark an important milestone in the Asheville-area housing market.
Months Supply of Inventory has officially reached 6.0 months, a level many real estate professionals consider the dividing line between a seller's market and a balanced market. For buyers, that means more choices and greater negotiating opportunities. For sellers, it means pricing and presentation matter more than ever.
Across Buncombe County, there are now 2,158 homes for sale, including 1,129 in Asheville and 185 in Black Mountain. Inventory continues to grow, giving buyers significantly more options than they had a year ago.
One encouraging sign is that buyer activity remains healthy. 76 homes sold countywide this week, including 41 in Asheville and 8 in Black Mountain. In fact, Black Mountain recorded twice as many sales as new listings this week, a positive sign for that local market.
We're also continuing to see elevated price reductions, with 182 across Buncombe County, including 89 in Asheville. That remains a reminder that today's buyers are informed, patient, and willing to wait for homes that represent good value.
The median sales price came in at $416,500, essentially unchanged from recent weeks, while average days on market fell to 69 days. That combination suggests that although inventory is increasing, properly priced homes are still attracting buyers and selling in a reasonable timeframe.
Want to learn more about why real estate professionals pay so much attention to Months Supply of Inventory? We explain it in plain English here:
https://bit.ly/3UlBcnT
If you're thinking about buying or selling, we'd be happy to help you understand what these market trends mean for your specific situation.