Buncombe County Housing Market – February 2026
The Buncombe County housing market saw more available homes for buyers this February while sales activity slowed slightly compared with last year.
Asheville Real Estate Market FAQs – February 2026
What Is the Median Home Price in Asheville NC?
The median home price in Asheville was $472,000 in February 2026, according to Canopy MLS housing data. Prices declined slightly compared with the previous year as inventory increased and homes took longer to sell across Buncombe County.
Is Asheville a Buyer’s or Seller’s Market in 2026?
The Asheville housing market is moving toward a more balanced market, with about 4.3 months of housing inventory available. Buyers now have more choices than in recent years, while sellers can still benefit from steady demand in desirable neighborhoods.
Are Home Prices Dropping in Asheville?
Home prices in Asheville have adjusted slightly compared with last year, with the median sales price declining as inventory increased. This type of price movement is common when more homes enter the market and buyers have more options.
How Long Are Homes Taking to Sell in Asheville?
Homes in Asheville took an average of about 105 days to sell in February 2026, compared with roughly 70 days the previous year. The increase reflects higher inventory levels and buyers taking more time to evaluate available homes.
What Is the Buncombe County Housing Market Like Right Now?
The Buncombe County housing market currently has about 4.1 months of inventory, giving buyers more options than during the tight housing conditions of recent years. Homes are also taking longer to sell as the market gradually moves toward balance.
Key Metrics
- New Listings: 301 homes (down 8.8% year over year)
- Closed Sales: 194 homes (down 6.7%)
- Median Sales Price: $468,000 (down 5.8%)
- Inventory: 1,161 homes for sale (up 29%)
- Months Supply of Inventory: 4.1 months
Market Insight
The biggest shift in Buncombe County is the increase in inventory. With nearly 30% more homes available than last year, buyers now have more choices than they did during the tight inventory conditions of the past few years.
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Homes are also taking longer to sell. The average days on market increased to 91 days, up from 71 days last year.
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While the median price declined slightly year over year, this type of adjustment is common as inventory grows and the market moves toward balance.
Asheville Real Estate Market – February 2026
Inside the city of Asheville, market trends are similar but slightly more pronounced, with prices and sales activity adjusting after several years of rapid appreciation.
Key Metrics
- New Listings: 159 homes (down 15%)
- Closed Sales: 99 homes (down 9.2%)
- Median Sales Price: $472,000 (down 14.2%)
- Inventory: 634 homes for sale (up 23.6%)
- Months Supply of Inventory: 4.3 months
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Market Insight
The Asheville market is seeing a noticeable increase in selling time. Homes averaged 105 days on market, compared with 70 days the year before.
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Buyers are being more selective and negotiating more than they were during the peak market years. Sellers who price their homes correctly and prepare them well are still seeing solid activity, especially in desirable neighborhoods and price ranges.
Henderson County Housing Market – February 2026
Henderson County experienced steady buyer activity despite a drop in closed sales. Pending sales increased, indicating that more transactions may close in the coming months.
Key Metrics
- New Listings: 154 homes (down 5.5%)
- Pending Sales: 141 homes (up 8.5%)
- Closed Sales: 102 homes (down 16.4%)
- Median Sales Price: $430,000 (down 4.2%)
- Months Supply of Inventory: 3.6 months
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Market Insight
Even though closed sales were down, pending sales increased, suggesting that buyer demand remains present in the market.
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Homes are also taking longer to sell here. The average days on market rose to 89 days, up from 63 days the previous year.
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Inventory levels remain moderate, keeping the market closer to balanced conditions.
City of Hendersonville Real Estate Market – February 2026
The Hendersonville market showed stable pricing and strong buyer activity during February.
Key Metrics
- New Listings: 101 homes (up 4.1%)
- Pending Sales: 87 homes (up 24.3%)
- Closed Sales: 68 homes (down 4.2%)
- Median Sales Price: $407,000 (up 0.5%)
- Months Supply of Inventory: 3.5 months
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Market Insight
Hendersonville saw a significant increase in pending sales, which rose more than 24% compared with last year.
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Homes are taking longer to sell, with days on market increasing from 55 to 81 days, but overall pricing has remained stable.
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This stability reflects continued demand for homes in Hendersonville’s walkable downtown areas and surrounding communities.
What This Means for Buyers and Sellers
The February numbers show a market that is slowly normalizing after several years of extremely tight inventory and rapid price growth.
For Buyers
- More homes are available
- Less competition in many price ranges
- Greater opportunity to negotiate
For Sellers
- Pricing strategy is becoming more important
- Homes may take longer to sell
- Well-prepared listings are standing out more than ever
Is Now a Good Time to Buy a Home in Asheville?
For many buyers, the current Asheville housing market offers more opportunities than the past few years. Inventory has increased, competition has eased, and buyers may have more negotiating power compared with the peak market conditions seen earlier in the decade.
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Looking Ahead to the Spring Market
As we move into the spring buying season, activity typically increases across Western North Carolina. If inventory continues to rise while buyer demand remains steady, the market may continue moving toward a balanced environment that benefits both buyers and sellers.
If you are thinking about buying or selling a home in Asheville, Buncombe County, Henderson County, or Hendersonville, having a local expert who understands neighborhood trends can make a big difference.
Feel free to reach out anytime if you'd like:(call or text: 828-382-9611)
- A personalized home value estimate
- A list of available homes in your price range
- Guidance on preparing your home for sale