First
Overview — full county report

County market summary and all metrics

1. At A Glance: Activity

New listings, contracts, and closings

2. At A Glance: Velocity

Days on market, inventory, and actives

3. At A Glance: Pricing

Avg. sales price and sale price ratios

4. Volume & Activity

Track inventory, buyer activity, and sales

5. Listings & Pendings

Investigate supply & demand trends

6. Home Prices

Understand current pricing dynamics

7. Days On Market

Gauge how fast homes are selling

8. Mortgage Rates

See how rate shifts affect buyer power

9. Contract To Ca$h

Anticipate how long from listing to closing

10. Month's Activity

View this month's acitivity by price range

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Buncombe, NC

Buncombe County, NC Housing Market Report

May 2026 · Ruiz Report

Review the May 2026 Buncombe County, NC housing market, including an average sale price of $630,185, a median 22-day market time, 5.6 months of inventory, and 290 homes sold. Use this local report to understand prices, inventory, speed, and demand without relying on national averages.

Covering Asheville, Black Mountain, Weaverville, Woodfin, Arden, Fairview, Candler, Swannanoa, and other communities across Buncombe County.

Market data for May 2026. Last updated Jun 3, 2026.

Avg Sale Price

$630,185

Median: $500,000

Med. Days on Market

22 days

Avg: 69 days

Months of Inventory

5.6 mo

Neutral Market

New Listings

640

Homes Sold

290

Under Contract

380

List-to-Sale

96%

Inside, you'll find the real story of your market, not national averages or last month's news, but the actual trends, pricing patterns, and insights that shape what happens next in your neighborhood.

You can even break it down by your price range.

Whether you're buying, selling, or simply staying informed, you now have something most people never get: clarity.

In This Report

1
At A Glance: Activity
New listings, contracts, and closings
 2
At A Glance: Velocity
Days on market, inventory, and actives
 3
At A Glance: Pricing
Avg. sales price and sale price ratios
 4
Volume & Activity
Track inventory, buyer activity, and sales
 5
Listings & Pendings
Investigate supply & demand trends
 6
Home Prices
Understand current pricing dynamics
 7
Days On Market
Gauge how fast homes are selling
 8
Mortgage Rates
See how rate shifts affect buyer power
 9
Contract To Ca$h
Anticipate how long from listing to closing
 10
Month's Activity
View this month's acitivity by price range

The average sale price of all the homes that closed in May.

This metric is calculated by adding up the total value of all homes sold in May, then dividing by the number of homes that were sold.

The median days on market (DOM) is the “middle DOM,” meaning roughly half of the homes that went under contract during May accept an offer faster and half took longer.

This metric is calculated by lining up all homes that went under contract from fastest to slowest, then selecting the middle number.

Here's what this means for you:

  • Sellers: 50% of homes went under contract in this many days or less. If you're selling and your home has been on the market longer than this median without a price adjustment, it might be time to reconsider your pricing strategy!
  • Buyers: if you're looking to place an offer on a home that's been on the market longer than the median DOM without a price reduction, you should consider submitting a below-ask offer (leveraging the Original List To Sale Price ratio!)

Months of inventory represents how long it would take to deplete the current inventory, assuming no new homes are put on the market. It's commonly used to determine the health of a particular market.

  • Between 0-4 months of inventory is considered a seller's market because supply is relatively low, which means that sellers have more control to set terms or raise prices.
  • 5-7 months signals a balanced market - there is a healthy mix of buyers and sellers.
  • 8 or more months of inventory indicates a buyer's market, which means buyers have more negotiating power.

This is the total number of homes that listed for sale during May.

This is the total number of homes that sold (closed) during May.

This is the total number of homes that went under contract during May (ie: went from an Active status to a Pending/Under Contract status).

The average list to sale price ratio based on the home's price at the time the offer was made.

Here's an example:

  1. If a home lists for $1,000,000, then
  2. reduces its price to $500,000, then
  3. goes under contract at $500,000, and
  4. closes for $500,000
Then its list to sale price ratio would be 100% ($500,000 sale price vs $500,000 list price).

The Ruiz Report LLC — Copyright 2026

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