How does the City of Asheville housing market compare with July 2025?

Takeaways: Homes are taking longer to sell and the average sales price has decreased. The July numbers point to a market with more inventory and a more time for buyers to make decisions, while sellers may need to pay close attention to pricing and market conditions. If you’re thinking about buying or selling, we’re happy to help you navigate the current market conditions.

ASHEVILLE CITY — July 2026
Pending Sales: 164 | +12.3%
Closed Sales: 173 | +3.6%
Average Sales Price: $630,584 | −5.6%
Cumulative Days on Market Until Sale: 70 days | +12.9%
Average List Price: $717,402 | −8.9%
Inventory of Homes for Sale: 969 | +5.6%

BUNCOMBE COUNTY — July 2026
Pending Sales: 320 | +3.6%
Closed Sales: 350 | +6.7%
Average Sales Price: $613,276 | −5.4%
Cumulative Days on Market Until Sale: 75 days | +36.4%
Average List Price: $715,207 | −4.2%
Inventory of Homes for Sale: 1,812 | +6.8%

ASHEVILLE REGION - July 2026
Includes Buncombe, Burke, Haywood, Henderson, Jackson, Madison, McDowell, Mitchell, Polk & Rutherford Counties.
Pending Sales: 995 | +6.5%
Closed Sales: 985 | +4.9%
Average Sales Price: $535,426 | −0.5%
Cumulative Days on Market Until Sale: 78 days | +16.4%
Average List Price: $621,256 | −0.6%
Inventory of Homes for Sale: 5,353 | +3.6%

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📍1 Cedar Chine Drive, Asheville

MLS#4393411
6 Bedrooms, 5/1 Baths
6,000 SqFt.
1.27 Acres
A Craftsman Masterpiece in Biltmore Forest. Tucked within the tree-canopied streets of the Town of Biltmore Forest, this exceptional, refined mountain- contemporary home offers a rare blend of timeless elegance and modern livability. Echoing the architectural spirit of nearby Biltmore Village, the residence was completely re imagined by Robert Griffin Architects in 2021. Set on over an acre, the property welcomes you with a gorgeous covered front porch, perfect for savoring the changing seasons of the Blue Ridge Mountains. Inside, rich wood details flow throughout, creating a seamless connection between the home’s warm interiors and the natural beauty of Western North Carolina. The main level is anchored by a true chef’s kitchen and a luxurious primary suite, offering effortless one-level living. Upstairs, four spacious bedrooms provide comfortable accommodations for family and guests alike. The lower level is designed for both relaxation and gathering, featuring an additional bedroom, recreation room, office area, sauna, fireplace, space for your home gym and abundant storage. Outside, the expansive, level yard offers room to play, a charming fire pit for evening gatherings. This beautiful stretch of neighborhood is perfect for strolls connecting you to the surrounding community, while this section of Biltmore Forest preserves the privacy the neighborhood is known for. A home of exquisite detail, enduring charm, and quiet mountain living.
Call for a private tour:
Ann Clark 📞828-712-0033
Broker/REALTOR®
Newton Clark 📞828-231-3903
Broker/REALTOR®
www.preferredprop.com
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📊 May 2026 Housing Market Snapshot🏡
Provided by Preferred Properties of Asheville & Canopy MLS
📍Asheville Region
Pending Sales: 1,068 ⬆️+ 18.7%
Closed Sales: 871 ⬆️+ 1.5%
Average Sales Price: $518,836 ⬆️+ 1.9%
Days on Market Until Sale: 83 ⬆️+ 36.1%
Average List Price: $689,521 ⬆️+ 12.6%
Inventory of Homes for Sale: 4,975 ⬆️+ 5.7%

📍City of Asheville
Pending Sales: 215 ⬆️+ 28.7%
Closed Sales: 165 ⬆️+ 4.4%
Average Sales Price: $631,959 ⬆️+ 2.5%
Days on Market Until Sale: 79 ⬆️+ 49.1%
Average List Price: $785,290 + 15.6%
Inventory of Homes for Sale: 868 ⬆️+ 0.7%

📍Buncombe County
Pending Sales: 406 ⬆️+ 27.3%
Closed Sales: 296 ⬆️+ 2.8%
Average Sales Price: $656,761 ⬆️+ 6.7%
Days on Market Until Sale: 79 ⬆️+ 61.2%
Average List Price: $785,694 ⬆️+ 17.4%
Inventory of Homes for Sale: 1,663 ⬆️+ 5.1%

🔗 Learn more at www.preferredprop.com
📞 828-258-2953 Speak to an agent on duty.

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Congratulations to our May 2026 Peak Performers!

We’re proud to celebrate the outstanding accomplishments of our top agents:

Top Producer – LeNoir Medlock, 828-691-9981

Top Listing Agent – Grady Bradshaw, 828-455-9630

Top Buyer Agent – Tracy Dew, 828-423-5700

Preferred Properties of Asheville

preferredprop.com | 828-258-2953

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116 Ivy Road, Mills River

Tucked away in complete privacy just half a mile from High Vista's back entrance, this inviting mountain retreat offers quiet seclusion with everyday convenience.

MLS#4352606

Offered at $765,000

3 Bedrooms, 4 Baths

3,086 SqFt.

1.23 Acres

Surrounded by woods with seasonal winter views, the home is designed featuring a spacious wraparound deck ideal for gatherings or simply enjoying the peaceful forest setting. The home is configured with four bedrooms (served by a three-bedroom septic system), offering flexibility for guests, office space, or hobbies.

As an added bonus, a membership to the High Vista Amenities Association is included with the house purchase, providing access to the pool, tennis and pickleball courts, a neighborhood pub, and a full calendar of community events.

Listed by

LeNoir Medlock

Broker/REALTOR®

828-691-9981

lenoirm@preferredprop.com

Preferred Properties of Asheville

#Asheville #AshevilleNC #MillsRiver #WNCListings #mountainliving #ListingAgent #PreferredProperties #WNCRealEstate #mountainlife

109 Stuyvesant Road, Asheville

MLS#4374865

0.82 Acres

3 Bedrooms, 2/1 Baths

2,351 SqFt.

Offered at $1,495,000

Take a tour online:https://youriguide.com/109_stuyvesant_rd_biltmore_forest_nc/

Step into a truly extraordinary historic residence where timeless design meets modern livability. This stunning architectural gem, masterfully designed by Henry Gaines, showcases exceptional craftsmanship, character, and charm at every turn. The idyllic floor plan offers thoughtful one-level living, featuring a serene primary suite on the main level for ultimate comfort and convenience. Upstairs, you’ll find two generously sized bedrooms connected by a classic Jack-and-Jill bath perfect for family or guests. Every detail of this home reflects magnificent quality and attention, from its exquisite finishes to its inviting, light-filled spaces. The home’s historic significance blends seamlessly with its warm, livable layout. Outdoors, breathtaking gardens create a tranquil and private retreat with waterfall ideal for relaxing, entertaining, or simply enjoying the beauty of nature. A rare opportunity to own a historic treasure defined by extraordinary craftsmanship, peaceful surroundings, and enduring elegance.

Ann and Newton Clark

Brokers/REALTORS®

828-712-0033

828-231-3903

Preferred Properties of Asheville

#biltmoreforest

#luxuryhome

#newlistings

#ashevillenc

#wnchomelistings

#onthemarket

Looking for other local housing market statistics? We have them!

April 2026 Local Housing Market Statistics  828-258-2953

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Looking for other local housing market statistics? We have them!

April 2026 Local Housing Market Statistics

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April 2026 Local Housing Market Statistics

ASHEVILLE CITY

Closed Sales: 161 ( + 3.9%)

Pending Sales: 202 ( + 33.8%)

Average List Price: $848,358 ( + 4.3%)

Average Sales Price: $674,950 ( + 6.4%)

Inventory of Homes for Sale: 783 ( + 8.4%)

Cumulative Days on Market Until Sale: 80 days ( + 63.3%)

BUNCOMBE COUNTY

Closed Sales: 306 ( + 9.7%)

Pending Sales: 357 ( + 31.3%)

Average List Price: $852,941 ( + 15.1%)

Average Sales Price: $630,145 ( + 0.0%)

Inventory of Homes for Sale: 1,492 ( + 15.1%)

Cumulative Days on Market Until Sale: 83 days ( + 50.9%)

ASHEVILLE REGION

Closed Sales: 868 ( + 7.6%)

Pending Sales: 1,036 ( + 25.4%)

Average List Price: $687,732 ( + 10.2%)

Average Sales Price: $522,302 ( + 1.8%)

Inventory of Homes for Sale: 4,512 ( + 12.7%)

Cumulative Days on Market Until Sale: 85 days ( + 21.4%)

📈 Rising buyer demand alongside continued inventory growth, signals ongoing movement toward more balanced conditions. Homes also spent more time on the market, with days on market increasing further reflecting a market that is continuing to normalize and offer buyers more flexibility.
If you’re thinking about buying or selling, we’re happy to help you navigate the current market conditions.
828-258-2953
www.preferredprop.com
#AshevilleRealEstate #BuncombeCounty #WNCRealEstate #Asheville #PreferredProperties #ListingAgent #BuyerAgent #MarketUpdate #PreferredPropertiesOfAsheville #AshevilleHomes 

407 Vanderbilt Road, Asheville

MLS#4363302

12 Bedrooms, 8/1 Baths

9,167 SqFt.

4.67 Acres

Offered at $3,680,000

Fantastic opportunity to be the next steward of one of Biltmore Forest's most notable architectural treasures. Now offered at a price that's considerate of the time and resources needed to breathe new life with a careful hand into this magnificent property. Designed by Erle Stillwell in the Roaring 20's, this sunny and solid Georgian gem was built to last with materials and details that are difficult and costly to replicate. A nine-bedroom main house is complemented by a three-bedroom carriage house. Classic symmetry, high ceilings, expansive windows, rich floors, detailed millwork and fine masonry showcase the unspoiled character of the property. (See features list). Set on over 4 acres in the heart of Biltmore Forest, come enjoy charm akin to English country living with all the conveniences this historic township offers.

LeNoir Medlock

Broker/REALTOR®

828-691-9981

lenoirm@preferredprop.com

Jo Chandler

Broker/REALTOR®

828-231-5444

jochandler@preferredprop.com

Preferred Properties of Asheville

www.preferredprop.com