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Thomas Wolfe HouseThomas Wolfe House · Photo: Abe Ezekowitz · CC BY-SA 2.0
Housing in Asheville

1,251 homes sold in Asheville in the last year, at a typical $483K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Asheville homes are listed.

Homes sold
1,251
June 2025 to May 2026
Typical sale price
$483K
houses $531K · condos $378K
Price per square foot
$314
North Carolina $207
Paid vs. asking
96.7%
11% sold over asking
For sale now
664
May 2026 · 112 sold that month
What sold · last 12 months

15% of Asheville’s sales are condos, at $153K less than a house

950 houses and 191 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$531K

typical sale · 950 sold in 12 months

Per square foot
$323NC $207
Days to sell
78
Sold over asking
12%
Listings with a price cut
31%
Condos$378K

typical sale · 191 sold in 12 months

Per square foot
$318NC $275
Days to sell
88
Sold over asking
6%
Listings with a price cut
20%
Fewer sales

Multi-family (2–4 units): 18 sold, typical $555K
Townhouses: 92 sold, typical $344K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

1,251 sales in the last year, against 1,964 in 2021 and a low of 1,131 in 2012. The typical sale went from $264K in 2016 to $483K.

Homes soldTypical sale price
0500100015002000$225K$350K$475K$600K2012: 1131 sold, typical $186K’122013: 1503 sold, typical $207K2014: 1588 sold, typical $217K’142015: 1750 sold, typical $232K2016: 1868 sold, typical $264K’162017: 1729 sold, typical $285K2018: 1558 sold, typical $309K’182019: 1707 sold, typical $312K2020: 1719 sold, typical $349K’202021: 1964 sold, typical $401K2022: 1551 sold, typical $461K’222023: 1251 sold, typical $481K2024: 1153 sold, typical $487K’242025: 1242 sold, typical $485KLast 12 months: 1251 sold, typical $483KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $500K buys in Asheville

Houseat $323 a sq ft
Condoat $318 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Asheville homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Asheville are rarer than before the pandemic, with about as many homes for sale

We read every month of Asheville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,251 sales.

If you’re buying in Asheville

  • Shop in October. It brings about 170 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
  • You can negotiate. 28% of listings have cut their price, against 23% before the pandemic.
  • Offer under asking. Buyers paid 96.7% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 84 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 196 a month), and the most competition: 28% close over asking. September and October offer nearly as much choice with fewer homes bid up (21%). December has the least competition (18%) but only about 74 new listings.

New listings a monthShare sold over asking
05010015020013%27%40%Sweet spotJan: 106 new listings a month, 18% sold over asking, 82 days to sellJFeb: 118 new listings a month, 20% sold over asking, 89 days to sellFMar: 174 new listings a month, 22% sold over asking, 69 days to sellMApr: 187 new listings a month, 26% sold over asking, 59 days to sellAMay: 196 new listings a month, 28% sold over asking, 51 days to sellMJun: 184 new listings a month, 27% sold over asking, 53 days to sellJJul: 180 new listings a month, 23% sold over asking, 58 days to sellJAug: 177 new listings a month, 24% sold over asking, 60 days to sellASep: 177 new listings a month, 21% sold over asking, 64 days to sellSOct: 170 new listings a month, 19% sold over asking, 62 days to sellONov: 123 new listings a month, 21% sold over asking, 66 days to sellNDec: 74 new listings a month, 18% sold over asking, 70 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than North Carolina

Asheville now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price11%18%39%17%
Gone within two weeksShare of homes under contract within 14 days28%31%56%30%
Listings with a price cutShare of homes for sale that cut their price28%23%16%27%
Price paid vs. askingAverage sale price ÷ list price96.7%97.4%100.2%97.8%
Days to sellMedian days from listing to contract84714862
Supply

639 homes for sale on a typical day

That’s 2.3 times the 2022 low (274) and about the 2017–19 level.

2012: 457 for sale’122013: 485 for sale2014: 494 for sale2015: 534 for sale’152016: 595 for sale2017: 560 for sale2018: 612 for sale’182019: 580 for sale2020: 504 for sale2021: 384 for sale’212022: 274 for sale2023: 311 for sale2024: 392 for sale’242025: 618 for saleLast 12 months: 639 for saleNow
Room to negotiate

1 in 4 listings has cut its price

28% in the last year, against 23% in 2017–19 and 27% across North Carolina.

2015: 8%’152016: 29%2017: 23%2018: 21%’182019: 26%2020: 17%2021: 16%’212022: 21%2023: 22%2024: 24%’242025: 29%Last 12 months: 28%Now
Prices by type

Since 2019, houses are up 70%, condos 27%

A house typically sold for $531K in the last year (950 sales), a condo for $378K (191).

$225K$350K$475K$600K2013201520172019202120232025NowHouses 2013: $219K, 1268 salesHouses 2014: $226K, 1302 salesHouses 2015: $249K, 1437 salesHouses 2016: $279K, 1515 salesHouses 2017: $303K, 1365 salesHouses 2018: $312K, 1496 salesHouses 2019: $313K, 1566 salesHouses 2020: $361K, 1379 salesHouses 2021: $420K, 1505 salesHouses 2022: $484K, 1176 salesHouses 2023: $524K, 939 salesHouses 2024: $541K, 865 salesHouses 2025: $536K, 937 salesHouses last 12 months: $531K, 950 salesHouses $531KCondos 2013: $154K, 232 salesCondos 2014: $158K, 266 salesCondos 2015: $164K, 288 salesCondos 2016: $190K, 327 salesCondos 2017: $231K, 346 salesCondos 2018: $238K, 33 salesCondos 2019: $299K, 91 salesCondos 2020: $293K, 233 salesCondos 2021: $342K, 316 salesCondos 2022: $360K, 266 salesCondos 2023: $386K, 209 salesCondos 2024: $342K, 179 salesCondos 2025: $359K, 199 salesCondos last 12 months: $378K, 191 salesCondos $378K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across North Carolina

Asheville ranks 171st of 224 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Asheville is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Asheville home costs about $2,791 a month

Mortgage
Property tax
Insurance
Rent

Price: Asheville’s typical sale, last 12 months. Property tax at Asheville’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Asheville is affordable on local pay is on Cost of living.

Before you buy in Asheville

Six things worth knowing

196

New listings in May

The month with the most choice. December has the fewest, about 74.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $483K home, about $3,250 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Asheville, from test results, graduation and how much students grow.

Schools in Asheville
18 min

Typical commute

The average one-way trip to work for people who live in Asheville.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Woodfin, Royal Pines, Avery Creek, Weaverville and Swannanoa sell for less a square foot; Biltmore Forest for far more

The busier markets within 25 miles of Asheville, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Asheville1,251$483K$31411%84
Woodfin111$454K$28312%93
Weaverville92$535K$28810%73
Royal Pines67$474K$24210%89
Swannanoa34$371K$2583%97
Avery Creek32$517K$2783%100
Biltmore Forest29$1.5M$42314%112

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Asheville, free

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Questions about buying a home in Asheville

What do homes sell for in Asheville, NC?

1,251 homes sold in the year to May 2026 at a typical $483K, $314 a square foot. Houses sold for about $531K, condos for about $378K.

Is Asheville a buyer’s or seller’s market?

A balanced market: 664 homes were for sale in May 2026 and 112 sold, about 5.9 months of supply. Buyers paid 96.7% of asking on average, and 28% of listings cut their price.

When is the best time to buy in Asheville?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Asheville?

About 0.7% of a home’s value a year. On a $483K home that’s near $3,250.

Where can I see homes for sale in Asheville?

Zillow, Redfin, Realtor.com and Homes.com all carry Asheville’s MLS listings; the search links above open each one filtered to Asheville.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).