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Asheville Bennington Oaks Aka Bilt. Oaks Bennington Oaks Ii Cedar Crest Heights Chi Asheville Glen Merrill Pinner's Ridge Poplar Ridge Ramble, The Southside Estates Village Park Village Park Townhomes Willow Oaks

ASHEVILLE, NC 28803

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28803

Asheville · Bennington Oaks Aka Bilt. Oaks · Bennington Oaks Ii · Cedar Crest Heights · Chi Asheville · Glen Merrill · Pinner's Ridge · Poplar Ridge · Ramble, The · Southside Estates · Village Park · Village Park Townhomes · Willow Oaks

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ASHEVILLE, NC real estate market (28803) currently shows 220 active listings, with 47 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 86 days last year.

The median listing price has fallen 8.6% year-over-year, from $602,000 to $550,000.

Whether you are buying or selling in ASHEVILLE, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 34,577  ·  Density: 348.0/mi²  ·  Median household income: $65,642

Typical home value: $375,296  ·  Homeownership: 53.3%

Market Overview

Active Listings
220
⇧ 22.2% vs 180 last year
Pending
47
21% pending ratio
Median Price
$550,000
⇩ 8.6% vs $602,000 last year
Average Price
$1,029,439
⇩ 11.1% vs $1,157,622 last year
Days on Market
121
⇧ 40.7% vs 86 days last year

Price Per Square Foot

Median $/sqft
$316
⇩ 5.4% vs $334/sqft last year
Median Home Size
1,746 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 220 this year vs 180 last year
  • Days on market: 121 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $550,000 (-8.6% YoY)
  • Average: $1,029,439 (-11.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.8 miles — 1,274 listings ($1,024,095,611 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28803Asheville, NC 288030.0 mi219$234,888,669$579,000$1,072,551
28704Arden, NC 287045.4 mi133$160,766,809$630,000$1,208,773
28805Asheville, NC 288056.4 mi109$69,920,121$529,000$641,469
28730Fairview, NC 287308.1 mi70$57,275,050$699,900$818,215
28778Swannanoa, NC 287788.7 mi42$21,000,378$472,500$500,009
28759Mills River, NC 2875910.7 mi51$55,724,385$724,450$1,092,635
28791Hendersonville, NC 2879112.0 mi119$70,005,439$475,000$588,281
28792Hendersonville, NC 2879212.8 mi194$103,683,882$445,000$534,453
28711Black Mountain, NC 2871113.9 mi122$101,464,838$699,000$831,679
28710Bat Cave, NC 2871014.4 mi1$855,000$855,000$855,000
28729Etowah, NC 2872915.2 mi20$10,039,000$457,000$501,950
28720Chimney Rock, NC 2872016.7 mi4$1,651,900$396,500$412,975
28739Hendersonville, NC 2873917.8 mi190$136,820,140$559,000$720,106

Frequently Asked Questions

How many homes are for sale in ASHEVILLE, NC 28803?

As of February 2026, there are 220 active listings in ASHEVILLE, NC (zip code 28803), compared to 180 the prior year.

What is the median home price in ASHEVILLE, NC 28803?

The median listing price in ASHEVILLE, NC 28803 is $550,000 as of February 2026, a 8.6% decrease from $602,000 the prior year.

How long do homes stay on the market in ASHEVILLE, NC?

Homes in ASHEVILLE, NC 28803 spend an average of 121 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in ASHEVILLE, NC 28803?

Based on current inventory and days-on-market data as of February 2026, ASHEVILLE, NC 28803 is currently a Buyer's Market. Inventory has increased compared to last year, with 40 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 86 days last year.

How much can I save on real estate commission in ASHEVILLE, NC?

With SELL123.com's maximum 3% commission, sellers in ASHEVILLE, NC 28803 save an estimated $11,000 compared to a typical 5% commission on the median listing price of $550,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.