Metropolitan market · North Carolina · September 2026 data

What is the Asheville, NC real estate market doing?

As of September 2026, the median home listed in Asheville, NC asks $575,000, unchanged year over year. Homes spend a median of 84 days on market, with 2,829 active listings and 26% carrying a price cut; pending contracts equal 27% of active listings, and inventory sits at 122% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 3.3%. Figures come from public records and industry data, updated monthly.

Median listing price
$575,000
0.0% YoY
Median $ / sq ft
$293
1,988 sq ft median
Median days on market
84
September 2026
Active listings
2,829
For sale now
New listings
722
September 2026
Listings with price cuts
26%
Share of active
Inventory vs 2019
122%
Same month, 2019 = 100
Pending / active
27%
Contract activity
Median sale price (closed)
$460,000
▼ 0.9% YoY · closed sales · July 2026
Sale-to-list ratio
96.8%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
671
Closed sales · July 2026, seasonally adjusted

What is the Asheville, NC housing market doing right now?

The Asheville, NC housing market lists at a $575,000 median as of September 2026, unchanged year over year, with an 84-day median market time and 2,829 homes for sale (26% with a price cut). Active inventory is 122% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 3.3%.

Asheville housing market statistics

The table summarizes Asheville's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Asheville.

Asheville, NC housing market at a glance — September 2026
MetricLatestDetail
Median listing price$575,0000.0% YoY
Median price per sq ft$2931,988 sq ft median
Median days on market84+9% YoY
Active listings2,829+5% YoY
New listings this month722September 2026
Listings with a price cut26%Share of active
Median sale price (closed)$460,000-0.9% YoY · closed sales, July 2026
Sale-to-list ratio96.8%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio26.6%752 pending
Inventory vs 2019122%Active listings vs same month in 2019
Gross rental yield3.3%2BR fair market rent

How have home prices changed in Asheville?

Asheville home prices are unchanged year over year and 0.0% month over month as of September 2026, at a $575,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$596K$586K$576K$565K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Asheville NC · trailing 8 quarters · source: public records and industry data.

The 10-year view
$644K$583K$522K$461K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Asheville NC · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Asheville?

Asheville has 2,829 active listings, 722 new this month, 752 pending as of September 2026. About 26% of active listings have cut their price, and inventory sits at 122% of its 2019 level — a buyer's market by pace.

Active listings
2,829
New this month
722
Pending
752
Price-reduced
738

Is Asheville a good real estate investment?

Asheville scores 33/100 on WealthyBud's composite Investor Score, ranking #781 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
33/100
#781 of 933 covered metros
12-month outlook
-2.3%
▼ Cooling · model output, not advice
Price volatility
Medium
σ 6.5% · 20-yr price-index swings
Momentum
47
Value
38
Rental yield
26
Supply risk
76
Market heat
23

Asheville scores 33/100 on our composite Investor Score (#781 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 52% over five years and +110% over ten, leaving prices 44% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,567/mo for a two-bedroom, the gross rental yield on the median listing is about 3.3%; active inventory sits at 122% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are unchanged year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Asheville ranks on the trending markets index.

How much is a monthly mortgage payment in Asheville?

A home at Asheville's $575,000 median listing runs about $3,147 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,841/mo
−$306/mo vs today
At today's rate · 7.28%
$3,147/mo
National weekly average
If rates rise 1% · 8.28%
$3,466/mo
+$318/mo vs today

Principal & interest on the $575,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Asheville?

To buy Asheville’s $575,000 median listing with 20% down, a household needs about $147,000 a year in gross income, keeping principal, interest and property tax ($3,421/mo) at 28% of income. That is 2.1× the area’s $69,236 median household income, so a typical Asheville household cannot afford the median listing on these terms.

Income needed to buy the median home in Asheville, NC — September 2026
ItemAmountBasis
Median listing price$575,000September 2026
Down payment (20%)$115,000Assumption
Principal & interest (7.28%, 30-yr fixed)$3,147/moRate as of 2026-10-01
Property tax (0.57% effective rate)$273/moCensus ACS
Income needed (28% rule)$147,000Gross household income / yr
Median household income$69,236Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Asheville housing market?

Longer-run demand in Asheville shows up in 3,239 homes permitted in 2025; net migration of +2,388 residents; +0.7% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
3,239
▼ 35.8% vs 2024
7.9 per 1,000 residents
Net migration (2022–2023)
+2,388
▲ people, via tax-return records
net income flow +$349.5M/yr
Job growth (YoY)
+0.7%
▲ 187.9k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Asheville housing market FAQ

What is the median home price in Asheville?
As of September 2026, the median listing price in Asheville, NC is $575,000, unchanged year over year (source: public records and industry data). Figures cover the Asheville, NC metro area.
How much does it cost to buy a home in Asheville?
The median home listed in Asheville asks $575,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $3,147 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Asheville?
The median property in Asheville spends 84 days on the market, with 2,829 homes actively listed and 26% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Asheville?
With a median 84 days on market and 26% of active listings carrying a price cut, pending contracts at 27% of active listings, Asheville reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Asheville a good place to invest in real estate?
Asheville scores 33/100 on WealthyBud's Investor Score, ranking #781 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Asheville?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Asheville and the wider North Carolina market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Asheville, NC metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More North Carolina housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.