Asheville, NC Home Values & Market Trends

Real estate market trends reflect that there have been 2,146 transactions over the past year in Asheville. The median value for residential home transactions that occurred over the previous year is $496,884.9. The number of current listings in Asheville is 338, and the percentage of properties for sale in the city is 338.00%. Asheville, NC currently has 13 properties in foreclosure, 0 bank owned properties, 12 properties headed for auction, and 338 properties for sale.

Asheville, NC Real Estate Market Overview

ZipMedian Est. Value
28806

$ 472,849

$ 316/sqft

28803

$ 479,900

$ 288/sqft

28804

$ 779,750

$ 375/sqft

28805

$ 592,622

$ 298/sqft

28801

$ 750,000

$ 424/sqft

Housing Market Summary for Asheville, NC

Oct 2022September 2023Change
Median Listing Price$450.3K$496.4K10.22%
Median Sold Price$478.2K$496.4K3.80%
Homes For Sale3573796.16%
Homes Sold1,6931,478-12.70%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Recently Sold Homes

Explore recent offers and recently sold homes in Asheville, NC

Browse Homes in Asheville, NC

Asheville home values range from $42,755 to $13,896,175. The median estimated value of a home in Asheville is $496,884.9. The median list price of a home is 459,000, and the total count of properties in the city is 43,906.

Foreclosure
There are 5 zips within Asheville, NC; within these zips, the median estimated home value for homes in foreclosure ranges from $895,748 in 28806 to the lowest value of $264,818 in 28806. Foreclosure homes account for 0.00% of properties in Asheville, NC with 28806 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Asheville, NC with 28801 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Asheville, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $895,748 in 28801 to the lowest home value of $895,748 in 28801.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Asheville, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Asheville, NC. There are 5 zips within Asheville, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    28806 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Asheville, NC. Auction homes and other auction properties account for 0.03% of all properties in Asheville, NC. There are 5 zips within Asheville, NC; of those zips, the median estimated home value for homes going to auction ranges from $567,877 in 28804 to the lowest value of $264,818 in 28804.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.77% of residential properties in Asheville, NC with 28806 containing 98 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Asheville, NC; homes for sale in those zips, have a range of median values from $2,750,000 in 28801 to the lowest value of $188,600 in 28804.
    Sold Homes
    The median value for recently sold homes ranges from $2,828,028 in 28801 to the lowest price of $58,186 in 28801. There are 5 zips within Asheville, NC. 28806 has 447 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.51% of properties in Asheville, NC.

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      Guide for Asheville, NC

      RealtyTrac Market Report
      Michigan
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      RealtyTrac Market Report
      California
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      Home Buying Financing
      What is an REO Property and How to Buy It
      Home Buying Guides
      The Difference Between A Short Sale And A Foreclosure
      See More Articles
      RealtyTrac Market Report
      2023 Michigan Real Estate Market: Analysis Reveals Booming Property Values and Volatile Sold Prices
      Michigan|posted 8 December 2023

      Explore the nuances of Michigan’s 2023 real estate market, where rising property values meet shifting sold prices and distressed properties offer investment opportunities amidst a stable yet competitive landscape.

      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      What is an REO Property and How to Buy It
      Home Buying Financing|posted 27 September 2023

      Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.

      The Difference Between A Short Sale And A Foreclosure
      Home Buying Guides|posted 26 September 2023

      You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?

      Recently Listed Homes Asheville, NC

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