July 29, 2026
Contact: Kim Walker, 704-940-3149

ASHEVILLE, N.C. — Housing activity across the Asheville metro-area (Buncombe, Haywood, Henderson and Madison counties) continued to gain momentum in June, with closed sales rising 18.0 percent year over year to 674 homes sold. Compared with May, closings increased 13.9 percent. Buyer demand remained exceptionally strong, with pending sales, a leading indicator of future closings, surging 22.7 percent as 691 homes went under contract during the month. This marks the second consecutive month of significant year-over-year gains in contract activity despite mortgage rates averaging in the mid-6 percent range. In fact, buyer demand recorded in both May and June reached its highest level since May 2023, underscoring continued confidence in the Asheville area's housing market. Pending sales eased 5.1 percent from May, a modest month-over-month decline that is consistent with typical seasonal patterns. Data in this report is provided by Canopy MLS, a subsidiary of the Canopy Realtor® Association, and reflects existing-home sales of single-family homes, condominiums, and townhomes only.

Seller activity remained steady in June, with new listings increasing 2.3 percent year over year as 966 homes entered the market, although new listing activity declined 17.0 percent compared with May, reflecting typical seasonal trends. Even so, inventory across the four-county region edged up 1.0 percent to 3,193 homes for sale. Strong buyer demand continued to absorb available inventory, reducing months of supply to 5.5 months from 6.4 months one year ago. While inventory levels remain healthier than in recent years, continued contract activity suggests the market is maintaining positive momentum as it gradually moves toward more balanced conditions.

"The momentum we're seeing reflects continued confidence in the Asheville area's unique quality of life and long-term appeal," said Dave Noyes, REALTOR®/Designated Managing Broker with eXp Realty and Canopy MLS Board of Director. "Buyers are continuing to move forward despite today's complex financing environment, and sellers are adjusting, while the gradual increase in inventory is creating a healthier market with more opportunities than we've seen in recent years."

June Showing Activity
June showing activity across the 13-county mountain region continued to reflect healthy buyer engagement as the market transitioned into summer. Buyer interest, measured by showings per listing, increased 19.5 percent year over year, while total showings rose 8.3 percent compared with June 2025, despite modest month-over-month declines. Homes priced between $319,000 and $462,999 continued to generate the strongest buyer interest, averaging 2.7 showings per listing, while the $463,000-and-above price segment attracted the greatest overall showing activity. Among individual markets, the City of Asheville led the region with 2.8 showings per listing, followed by Buncombe County (2.6), the City of Hendersonville (2.6), and Henderson County (2.4). The continued strength in showing activity suggests buyers remain actively engaged, even as expanding inventory provides more choices.

Prices stable at mid-year. Townhome/Condo market offers paths to affordability.
Home prices were relatively stable in June with the four-county metro’s median sales price unchanged compared to last year, at $460,000, while the average sales price ticked up a modest 2.7 percent compared to June 2025. The average list price surged 17.9 percent to $757,000, reflecting activity in the upper-end segments of the market. Buyers continued to gain leverage as the original list price to sales price measure was nearly unchanged, easing slightly (-0.9%) to 94.1 percent, indicating sellers becoming more flexible on price and concessions as the market continues to balance.

A closer look at market activity by price range continues to show that buyer demand remains strongest in the more affordable and mid-priced segments. Over the past 12 months, closed sales increased most significantly in the $200,001 to $300,000 price range (+17.2 percent), followed by the $600,001 to $700,000 segment (+19.1 percent) and homes priced above $700,000 (+15.5 percent). Inventory growth, however, remained concentrated in the luxury market, with available homes increasing 18.7 percent in the $700,001-and-above price range and 11.8 percent among homes priced $600,001 to $700,000, while inventory declined across several mid-priced segments.

By property type, single-family homes continued to drive overall market activity, with closed sales increasing 11.0 percent year over year and inventory rising 5.4 percent. Condo and townhome sales also remained positive, increasing 8.7 percent over the past year, while inventory in that segment was essentially unchanged (+0.3 percent). The combination of rising sales and stable inventory suggests attached housing continues to play an important role in meeting buyer demand, offering an attractive option for those seeking affordability, lower-maintenance living, or downsizing opportunities.

"The June data show that buyers are still very engaged; they're just becoming more deliberate in how they shop," said Noyes. "Competitively priced homes in the affordable and mid-priced segments continue to attract strong interest, while buyers in higher price ranges are benefiting from expanding inventory and greater selection. It's a healthier market overall because buyers have more options without sacrificing continued price stability."

Time-on-market metrics also reflected a more balanced and typical summer market, giving buyers time to evaluate homes and negotiate terms at a healthy pace. List-to-close time, which measures the total number of days from listing to closing, increased 6.3 percent year-over-year to 102 days. Meanwhile, days on market rose 13.5 percent to 59 days, up from 52 days in June 2026. 

Metropolitan Statistical Area (MSA) Counties at a Glance

Buncombe County's housing market continued to move toward more balanced conditions in June as both buyer and seller activity strengthened. New listings increased 10.1 percent year over year to 555 homes, while pending sales climbed 17.9 percent and closed sales rose 18.6 percent to 369 transactions, reflecting healthy buyer demand despite elevated rates. Home prices remained relatively stable, with the median sales price declining 2.6 percent to $490,000 while the average sales price increased 2.0 percent to $616,733, suggesting continued activity across a range of price points. Sellers received 94.3 percent of their original list price, down slightly from 95.2 percent a year ago, as buyers continued to gain modest negotiating leverage. Inventory expanded 5.6 percent to 1,749 homes, while months of supply declined from 6.6 to 5.9 months as stronger contract activity absorbed much of the new inventory entering the market. Homes also spent more time on the market, averaging 58 days compared with 43 days one year ago, reflecting a market that continues to normalize while offering buyers additional time and choice.

Haywood County's housing market remained active, as strong buyer demand continued to absorb available inventory despite fewer new listings entering the market. New listings declined 7.7 percent year over year to 144 homes, while pending sales surged 23.4 percent and closed sales increased 12.0 percent to 84 transactions, reflecting continued buyer confidence despite elevated mortgage rates. Home prices also posted notable gains, with the median sales price increasing 22.9 percent to $430,000 and the average sales price rising 32.1 percent to $497,086, reflecting a higher-priced mix of homes sold. Sellers received 92.6 percent of their original list price, down slightly from 93.6 percent a year ago, as buyers continued to gain modest negotiating leverage. Inventory declined 6.5 percent to 507 homes, while months of supply fell from 6.9 to 5.5 months as buyer demand continued to absorb available inventory. Homes spent slightly more time on the market, averaging 64 days compared with 52 days one year ago, suggesting buyers remain active while taking additional time to evaluate their options.

Henderson County's housing market remained active in June as strong buyer demand continued to outpace new listing activity. New listings declined 5.6 percent year over year to 237 homes, while pending sales surged 31.7 percent and closed sales increased 14.2 percent to 193 transactions, reflecting continued buyer confidence despite elevated mortgage rates. Home prices moderated during the month, with the median sales price declining 6.3 percent to $434,000 and the average sales price easing 6.0 percent to $507,658, providing buyers with additional affordability opportunities. Sellers received 95.0 percent of their original list price, down only slightly from 95.3 percent a year ago, indicating that buyers continue to gain leverage. Inventory declined 4.0 percent to 783 homes, while months of supply fell from 5.5 to 4.7 months as strong contract activity continued to absorb available inventory. Homes also sold more quickly than they did a year ago, with days on market falling 20.6 percent to 54 days, suggesting that well-priced homes remain attractive to buyers despite a more balanced market.

Madison County's housing market reflected strong buyer activity in June despite fewer new listings. New listings declined 9.1 percent year over year to 30 homes, while pending sales increased 31.3 percent and closed sales surged 75.0 percent to 28 transactions. The median sales price increased 5.1 percent to $449,500, and the average sales price rose 10.3 percent to $521,797, although pricing can fluctuate in a market with relatively few sales. Inventory increased 5.5 percent to 154 homes, while months of supply declined to 7.8 months as buyer demand absorbed available inventory. Homes are averaging 94 days on market compared to 77 days one year ago.

See data for 20+ Mountain-area Communities in Western NC, June 2026

Housing Activity Remains Healthy Across the Surrounding Mountain Counties
Across the remaining western mountain counties where Canopy MLS trends data, June housing activity continued to reflect healthy market conditions, though performance varied from county to county. Several markets, including Rutherford and Transylvania counties, posted strong gains in buyer activity and closed sales, while others experienced the month-to-month variability common in smaller mountain markets. Overall, inventory levels remained elevated across many of these counties, providing buyers with more choices and contributing to increasingly balanced market conditions.

Burke County's housing market in June reflected expanding inventory and more balanced market conditions as sellers continued to bring new homes to market. New listings increased 18.4 percent year over year to 116 homes, while pending sales declined 10.0 percent and closed sales fell 13.5 percent to 64 transactions. Home prices moderated during the month, with the median sales price decreasing 4.3 percent to $285,950 and the average sales price declining 5.7 percent to $354,185. Sellers received 95.6 percent of their original list price, an improvement from 94.4 percent a year ago, while inventory expanded 22.3 percent to 285 homes, increasing months' supply to 4.6 months. Homes also spent more time on the market, with days on market rising 16.3 percent to 50 days, giving buyers additional time to evaluate properties as market conditions continued to normalize.

Transylvania County's housing market in June reflected strong buyer demand alongside rising inventory and continued price appreciation. New listings declined 5.9 percent year over year to 80 homes, while pending sales increased 14.6 percent and closed sales surged 42.1 percent to 54 transactions, signaling healthy buyer activity. Home prices also strengthened during the month, with the median sales price increasing 40.5 percent to $591,000 and the average sales price rising 11.2 percent to $766,736, reflecting the influence of a higher-priced mix of homes sold. Sellers received 92.7 percent of their original list price, up slightly from a year ago, while inventory expanded 18.1 percent to 326 homes and months' supply increased to 7.6 months, providing buyers with additional choices. Homes sold in about the same amount of time as they did one year ago, averaging 63 days on market, suggesting demand remained healthy even as inventory continued to expand.

Jackson County's housing market in June reflected the continued variability typical of smaller mountain markets. New listings increased 10.0 percent year over year to 44 homes, while pending sales rose 9.5 percent and closed sales declined 48.1 percent to 14 transactions. The median sales price eased 1.7 percent to $382,500, while the average sales price increased 5.3 percent to $457,786. Inventory expanded 17.3 percent to 183 homes, increasing months' supply to 9.1 months and providing buyers with more choices.

McDowell County's housing market in June reflected moderating buyer activity alongside growing inventory. New listings increased 20.9 percent year over year to 81 homes, while pending sales declined 31.3 percent and closed sales fell 11.4 percent to 39 transactions. Home prices remained relatively stable, with the median sales price slipping 0.3 percent to $300,000 while the average sales price increased 8.4 percent to $448,387. Inventory increased 11.1 percent to 240 homes, while months' supply held steady at 6.9 months, reflecting balanced market conditions.

Rutherford County's housing market remained active in June, with buyer demand continuing to strengthen. New listings increased 13.0 percent year over year to 113 homes, pending sales rose 24.6 percent, and closed sales climbed 36.1 percent to 83 transactions. The median sales price declined 8.3 percent to $275,000, while the average sales price increased 8.2 percent to $379,561. Inventory increased 5.3 percent to 415 homes, while months' supply declined to 6.8 months as buyers absorbed available inventory.

(Due to smaller sample sizes in counties where there is a smaller pool of listings, percentage increases or decreases may seem extreme.)

Mitchell County's housing market in June reflected growing inventory alongside mixed sales activity. New listings increased 11.5 percent year over year to 29 homes, while pending sales rose 23.1 percent and closed sales declined 20.0 percent to 12 transactions. The median sales price increased 8.7 percent to $299,000, while the average sales price rose 28.1 percent to $341,659. Inventory expanded 31.6 percent to 125 homes, while months' supply remained at 10.9 months

Polk County's housing market in June reflected softer sales activity alongside tightening inventory. New listings declined 3.8 percent year over year to 51 homes, while pending sales fell 4.2 percent and closed sales declined 11.1 percent to 24 transactions. Home prices remained strong, with the median sales price increasing 29.9 percent to $500,000 and the average sales price rising 59.9 percent to $865,583. Inventory declined 11.3 percent to 188 homes, reducing months' supply to 7.6 months.

Yancey County's housing market remained active in June as buyer demand continued to improve. New listings increased 2.3 percent year over year to 45 homes, while pending sales rose 19.0 percent and closed sales increased 38.9 percent to 25 transactions. Home prices moderated, with the median sales price declining 19.8 percent to $349,000 and the average sales price falling 30.5 percent to $383,966. Inventory increased 16.3 percent to 193 homes, while months' supply declined to 10.0 months.

For more residential-housing market statistics, visit www.CarolinaHome.com and click on “Market Data.” For an interview with a Realtor®/broker representing the Canopy MLS service area in the western/mountain region of North Carolina, please contact Kim Walker.

Canopy Realtor® Association owns and operates Canopy MLS, the region’s primary source for accurate, timely property data across a multi-county service area spanning North Carolina and South Carolina, including the Charlotte, Asheville, and Hickory-Lenoir MSAs. With more than 21,000 subscribers, Canopy MLS delivers comprehensive property data and innovative tools that support residential real estate transactions, from buying and selling to investing and renting.