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From Staff Reports
ASHEVILLE, N.C. — The Asheville housing market continues to show signs of strength, with more homes hitting the market and inventory on the rise across the area, Asheville television station WLOS (News 13) reported on May 29.
"People are coming here regardless of the economy, and I think that insulates us from a lot of the economy's effects," Dave Noyes, designated managing broker for EXP Realty, told News 13.
A desirable market is what local brokers say has kept the greater Asheville area in good standing regarding real estate. Noyes says inventory is on the rise in the area, with median prices for houses falling in the last year.
In Buncombe County, Canopy MLS reported new listings increased by 8 percent in March, pending sales climbed to 20.5 precent, and closed sales rose by more than 5 percent.
Data from Canopy MLS shows that there were more than 1,200 new listings on the market in April, a 13.9 percent increase from April 2025.
"This is a great opportunity, even if interest rates have increased a little bit, and they fluctuate in the sixes. This is a great opportunity to buy the home now at a little bit lower price," Noyes said.
Other brokers in the area agree.
"Until anything breaks with the war or something breaks going into 2027[...] right now is probably the lowest interest rate you're going to see of the year," J. Michael Manley, CEO of Keller Williams Professionals Asheville, told News. 13
For sellers, Manley told News 13 that there is one essential step that helps get houses off the market faster.
“Across all price points, homes that are priced correctly are still selling in less than 10 days, and they’re selling for what they’re actually listed for, with roughly about a 2 perent negotiation window,” he told the TV station.
Data from Keller Williams Realty shows that in April 2026, homes priced correctly sat on the market for an average of eight days.
“For those that did not actually go on the market correctly, we’re seeing that number drastically start to increase. They’re now up to over 140 some days on the market on average for those properties,” Manley told News 13.
Both realtors said the market is looking fairly balanced right now compared to a buyer’s market back in February of this year, the TV station noted.
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