Is Asheville Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Asheville Township has remained a Seller's Market.
Housing Prices in Asheville Township, NC
How much do homes in Asheville Township, NC cost?
Median Sold Price
$495,963
$309/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Asheville Township was $495,963 in May 2024, up 3.6% from last year, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $356K | $325K | -8.7% |
2 Bedrooms | $318.7K | $343.8K | +7.9% |
3 Bedrooms | $473.6K | $495K | +4.5% |
4 Bedrooms | $743.8K | $739.1K | -0.6% |
5+ Bedrooms | $1.0M | $1.1M | +5.8% |
Summary: Asheville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
Reems Creek Township | $466.8K | $574.3K | +23.0% |
Biltmore Forest | $1.6M | $1.8M | +12.1% |
Woodfin | $409.4K | $445.8K | +8.9% |
Asheville | $460.4K | $486.2K | +5.6% |
Asheville Township | $478.7K | $495.9K | +3.6% |
Housing Supply in Asheville Township, NC
How many homes are available in Asheville Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
668 | 756 | +13.2% |
Summary: The Asheville Township real estate market had 756 homes for sale in May 2024, a 13.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 38 | +18.8% |
2 Bedrooms | 124 | 132 | +6.5% |
3 Bedrooms | 302 | 328 | +8.6% |
4 Bedrooms | 149 | 177 | +18.8% |
5+ Bedrooms | 61 | 81 | +32.8% |
Summary: The Asheville Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 32.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 154 | +2.7% |
Asking Price vs. Sold Price
77 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 154 homes were sold or pending in Asheville Township in May 2024, up by 2.7% month-over-month. Of the 154 sold homes, 50% were sold under asking, 23% were sold at asking, and 27% were sold over asking.
Days on Market for Asheville Township, NC
How long does it take to sell a home in Asheville Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 30 Days | -8.6% |
Summary: Homes in Asheville Township had an average of 30 days on market in May 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
109 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During May 2024, 154 homes were sold in Asheville Township; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.