If you’ve been waiting for the right time to enter the Asheville real estate market, the second quarter of 2025 offered a welcome shift toward balance. With more inventory, steady prices, and increased buyer flexibility, conditions are aligning for homeowners, sellers, and investors to make confident moves.
We spoke with Mosaic Community Lifestyle Realty owner Mike Figura, who delved into the latest housing market details and offered some expert insight into what the coming months might look like. Whether you’re buying, selling or simply keeping an eye on the Asheville real estate market, here’s what you need to know.
How did the Asheville housing market perform in the second quarter of 2025?
- The Asheville and Buncombe County housing market is moving toward a more stable footing.
- New listings are on the rise, giving buyers more options than they’ve seen in years.
- Compared with the second quarter of 2024, inventory levels in the second quarter of 2025 inched closer to six months (indicating a balanced market), give or take slightly depending on price range.
- Compared with early 2024, home sales in the first and second quarters of 2025 slowed: For the City of Asheville, they were down 13.7%; Buncombe County saw a 24.4% drop.
- This slower pace benefits buyers with more time and negotiating power, while strategic sellers with move-in ready homes are still seeing success.
How did prices and average days on market play out compared with last year?
Prices in the first and second quarter held steady, compared to early 2024: In Buncombe County, the median price rose slightly to $479,000. In Asheville, the median price rose from $488,000 to $535,000. These changes reflect shifts in listing types more than drastic price hikes – value can still be found in emerging neighborhoods and mid-range price points.
The Average Days on Market (DOM) in Buncombe County increased between 2024 and the first and second quarters of 2025, from 54 to 64 days. In Asheville, the average stayed virtually the same (at 46 days). This signals a healthier, less rushed environment – reducing stress for both buyers and sellers.
How is the Asheville-area housing market showing signs of resilience?
Despite challenges like Tropical Storm Helene and higher interest rates, Asheville’s housing market is holding strong. Tourism continues to rebound, supporting both home values and investor confidence. Some short-term rental owners are selling, offering fresh inventory to buyers previously priced out.
Are there specific neighborhoods in Asheville or Buncombe County that are more buyer-friendly right now?
The neighborhoods in Asheville generally move in relation to each other, so there’s not one part of town that is particularly more buyer-friendly than another. In general, buyers are seeing more options across the board, even in popular neighborhoods such as Kenilworth, Montford and West Asheville.
How can sellers best position their homes to sell in the current market?
Pricing correctly from the start, and proper staging, are the best strategies for selling in the current market. Sellers who price their homes high tend to have many price reductions and high days on market before selling.
How is Mosaic Realty helping buyers and sellers navigate these current conditions?
The Asheville real estate market is unique. It’s hard to make broad generalizations, and clients really need an expert who can help them understand the nuances of the specific market segment that they are looking to buy or sell in. At Mosaic, having an expert who can help guide you through this process and explain each unique situation is how we help our clients.
For more information on real estate in Asheville or Western N.C., please contact us at Info@MyMosaicRealty.com, or call us anytime at 828-707-9556.
Learn More: Our Regional Market Analysis
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