Is Asheville, NC 28805 a buyer’s or seller’s market?

The Asheville housing market right now

In the three months ending August 31, 2026, 8% of homes in Asheville, NC 28805 sold above their list price, the typical home went under contract in 61 days and there were 4.9 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 85 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold about as fast and the median sale price fell 9% to $477,793. Overall, Asheville is about as competitive as it was a year ago.

Within Buncombe County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in 77%. On our competition score, Asheville ranks #329 of 424 NC ZIP codes with enough sales (score 19 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.