Is Arden, NC 28704 a buyer’s or seller’s market?

The Arden housing market right now

In the three months ending August 31, 2026, 14% of homes in Arden, NC 28704 sold above their list price, the typical home went under contract in 70 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 96 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (15% then), homes sold more slowly (67 days then) and the median sale price rose 20% to $502,782. Overall, Arden is about as competitive as it was a year ago.

Within Buncombe County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, Arden ranks #273 of 424 NC ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Alexander 28701 (5% sold over asking) or Asheville 28803 (6% sold over asking), while Asheville 28801 (18% sold over asking) and Fairview 28730 (17% sold over asking) are even more competitive.