Market Intelligence Report — NC-700

Asheville, NC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NC-08
As of the latest 2026 data
Cooling

Median Listing

$575K
+0.0% YoY

Pending Ratio

0.26
-2.9% YoY

Active Inventory

2,782
+7.4% YoY

Median DOM

79 Days
+8.2% YoY

Primary Intelligence Tool — Sold Score™

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The Asheville market is currently categorized as Cooling, with a pending ratio of 0.26 indicating a notable imbalance between demand and available inventory. This low absorption rate suggests a more measured pace for transactional activity. Median listing prices have remained stable year-over-year at $575,000, despite a modest month-over-month decline.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.3%-0.9 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

422,345-0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Asheville market right now.

Active listings have seen a 7.4% expansion over the past year, reaching 2,782 properties, while new listings also increased by 4.9% year-over-year. The pending ratio experienced a year-over-year decline of 2.9 percentage points, reflecting a deceleration in buyer demand relative to supply. Concurrently, median days on market increased by 8.2% over the past year to 79 days, further indicating a slower market velocity.

Historical Analysis

Market Trends

Median Price

$575K-0.9% MoM

Active Inventory

2,782+7.4% YoY

Days on Market

79+8.2% YoY

Sold Score™

29-2.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

29
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In a Cooling market, the increased inventory levels and extended days on market place greater pressure on sellers to align pricing with prevailing buyer expectations. The current dynamics necessitate strategic price discipline, with inventory growth creating more latitude for buyers to negotiate terms. The slower absorption rate suggests a less urgent transactional pace.

Luxury Segment

The luxury segment in Asheville shows some indicators of softening, with the average listing price experiencing a 3.1% year-over-year increase to $833,940, while the median price remains unchanged. However, the median $/sqft declined by 2.7% year-over-year to $292, suggesting some price pressure at the higher end. The elevated spread between average and median pricing warrants continued monitoring.

Supply Dynamics

2,782 active listings represent the current floor, with new supply arriving at roughly 684 per month.

Pricing Pressure
26.1%

of active listings carry a price reduction, +0.3% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.7% year-over-year.

Absorption
0.26

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Asheville, NC? Homes here are taking 6 days longer to sell than last year.

Buyers have leverage in Asheville, NC. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
26%
Median Days on Market
79 days
Inventory YoY
+7%

In a buyer's market, strategy beats timing. See how your home scores in Asheville, NC and what moves the number.

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Metro Demographics

Metro Area
Asheville, NC
CBSA Code
11700
State
NC

ZIPs in Asheville, NC

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Asheville?+

    As of the latest 2026 data, the Asheville metro is classified as Cooling. Pending ratio is 0.26 with median days on market at 79.

  • Are home prices dropping in Asheville?+

    Median listing price is $575K, +0.0% year over year. 26.1% of active listings carry a price reduction.

  • How fast are homes selling in Asheville?+

    The typical listing sits 79 days on market, a +8.2% change YoY. New listings are arriving at 684 per month.

  • What's happening in the Asheville luxury market?+

    The luxury segment in Asheville shows some indicators of softening, with the average listing price experiencing a 3.1% year-over-year increase to $833,940, while the median price remains unchanged. However, the median $/sqft declined by 2.7% year-over-year to $292, suggesting some price pressure at the higher end. The elevated spread between average and median pricing warrants continued monitoring.

  • Where can I find a trusted Asheville real estate expert?+

    Primpted maintains a vetted registry of Asheville agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 11700 · 36mo history