Market Intelligence Report — NC-700

Asheville, NC

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

Ref. No: 2026-NC-09
As of the latest 2026 data
Cooling

Median Listing

$575K
+0.0% YoY

Pending Ratio

0.27
-4.0% YoY

Active Inventory

2,829
+5.3% YoY

Median DOM

84 Days
+9.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Asheville market?

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The Asheville market is characterized by cooling conditions, with the pending ratio at 0.27, indicating absorption challenges relative to available inventory. Active listings have expanded by 5.3% year-over-year, contributing to a less competitive environment.

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

2.8%-0.8 pp YoY

Unemployment rate · Sep 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 experienced a 5.3% increase over the past year, while new listings also saw a modest rise of 3.1% year-over-year. The median listing price has remained stable, exhibiting a 0.0% change both month-over-month and year-over-year. Concurrently, the pending ratio declined by 4.0% compared to the prior year, suggesting a slower pace of demand absorption within the market. Median days on market increased by 9.4% year-over-year, further reflecting this trend.

Historical Analysis

Market Trends

Median Price

$575K+0.0% MoM

Active Inventory

2,829+5.3% YoY

Days on Market

84+9.4% YoY

Sold Score™

29-4.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

29
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Current market dynamics suggest that buyers have more opportunity for due diligence and negotiation, given the expanding inventory and increasing time properties spend on market. The pace of transactions is slower, easing immediate pressure on prospective purchasers and potentially allowing for greater price discipline. The decline in the pending ratio further suggests reduced competition for available homes.

Luxury Segment

While the overall median listing price shows stability, the average listing price increased by 2.6% year-over-year, suggesting some resilience in higher price points. However, the median price per square foot experienced a slight year-over-year decline of 1.1% in the most recent period, which could signal some softening in per-square-foot valuations, particularly at the upper end, given the spread with the average listing price.

Supply Dynamics

2,829 active listings represent the current floor, with new supply arriving at roughly 722 per month.

Pricing Pressure
26.1%

of active listings carry a price reduction, +0.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.1% year-over-year.

Absorption
0.27

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Asheville, NC? Homes here are taking 7 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
27%
Median Days on Market
84 days
Inventory YoY
+5%

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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The Monthly Briefing

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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 0.27 with median days on market at 84.

  • 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 84 days on market, a +9.4% change YoY. New listings are arriving at 722 per month.

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

    While the overall median listing price shows stability, the average listing price increased by 2.6% year-over-year, suggesting some resilience in higher price points. However, the median price per square foot experienced a slight year-over-year decline of 1.1% in the most recent period, which could signal some softening in per-square-foot valuations, particularly at the upper end, given the spread with the average listing price.

  • 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