Is Asheville Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Asheville Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Asheville Township was a Seller's Market.

Key Takeaway

Asheville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Asheville Township, NC

How much do homes in Asheville Township, NC cost?

Median Sold Price

$499,978

$315/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,978(+1.0%)

Key Takeaway

Homes in Asheville Township have sold for 1% more than they did a year ago.

Summary: The median home sold price in Asheville Township was $499,978 in October 2024, up 1% from last year, and the median price per square foot was $315.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $342.5K$349.5K
+2.0%
2 $339.8K$336.6K
-0.9%
3 $487.4K$495.5K
+1.7%
4 $749.4K$764.5K
+2.0%
5+ $960K$1.0M
+12.0%

Summary: Asheville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 12%.

Median Sold Price Compared To Nearby Cities

Reems Creek Township
+10.5%
Woodfin
+8.1%
Asheville
+1.4%
Asheville Township
+1.0%

Housing Supply in Asheville Township, NC

How many homes are available in Asheville Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
743678-8.7%

Summary: The Asheville Township real estate market had 678 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 4538
-15.6%
2 137123
-10.2%
3 355322
-9.3%
4 150136
-9.3%
5+ 5659
+5.4%

Summary: The Asheville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.6%, 2 bedroom homes decreased by 10.2%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 5.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13869-50.0%

Asking Price vs. Sold Price

37 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Asheville Township, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in Asheville Township in October 2024, down by 50.0% month-over-month. Of the 69 sold homes, 54% were sold under asking, 20% were sold at asking, and 26% were sold over asking.

Days on Market for Asheville Township, NC

How long does it take to sell a home in Asheville Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days32 Days+13.5%

Summary: Homes in Asheville Township had an average of 32 days on market in Oct 2024, up by 13.5% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Asheville Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 69 homes were sold in Asheville Township; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Asheville Township, NC

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