Is Asheville, NC 28803 a buyer’s or seller’s market?
Asheville is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 4% of U.S. ZIP codes, and #392 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Asheville housing market right now
In the three months ending August 31, 2026, 6% of homes in Asheville, NC 28803 sold above their list price, the typical home went under contract in 75 days and there were 7.1 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 136 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (58 days then) and the median sale price rose 5% to $504,782. Overall, Asheville is less competitive than a year ago, which gives buyers more room.
Within Buncombe County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 92%. On our competition score, Asheville ranks #392 of 424 NC ZIP codes with enough sales (score 10 out of 100).
Nearby, Asheville 28801 (18% sold over asking) and Fairview 28730 (17% sold over asking) are even more competitive.
Run the numbers for 28803
Nearby markets
Alexander 28701Balanced $278 /sq ftArden 28704Buyer’s market $273 /sq ftAsheville 28801Buyer’s market $411 /sq ftAsheville 28804Buyer’s market $324 /sq ft Browse all markets →Towns like Asheville nearby
Find towns like Asheville in other states →Where Asheville is
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Questions about Asheville real estate
Is Asheville a buyer’s or seller’s market?
A buyer’s market: there were 7.1 months of supply in Asheville, NC 28803 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Asheville?
The typical home went under contract in 75 days in the latest three months.
Do homes in Asheville sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Asheville?
About 0.57% of a home’s value a year in Buncombe County, or roughly $2,280 on a $400,000 home.
What is the median home price in Asheville?
The median sale price was $504,782 in the three months ending August 31, 2026, about $306 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology