Is Black Mountain, NC 28711 a buyer’s or seller’s market?

The Black Mountain housing market right now

In the three months ending August 31, 2026, 6% of homes in Black Mountain, NC 28711 sold above their list price, the typical home went under contract in 83 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 97 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (67 days then) and the median sale price rose 2% to $536,018. Overall, Black Mountain is less competitive than a year ago, which gives buyers more room.

Within Buncombe County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 85%. On our competition score, Black Mountain ranks #386 of 424 NC ZIP codes with enough sales (score 11 out of 100).

Nearby, Asheville 28801 (18% sold over asking) and Fairview 28730 (17% sold over asking) are even more competitive.