November 2025 Housing Market Update for Buncombe County, Asheville, and Henderson County

As we head toward the end of 2025, the Western North Carolina housing market continues to show important shifts that buyers and sellers should understand. Inventory is rising, days on market are longer, and sales activity remains strong in several key areas.

Below is a breakdown of what happened in November 2025 across Buncombe County, the City of Asheville, Henderson County, and the City of Hendersonville, using the latest data from Canopy MLS.

Buncombe County Real Estate Market Update

Buncombe County saw a notable increase in activity compared to last year, even as prices adjusted slightly.

  • Closed sales jumped 66.3 percent year over year, signaling strong buyer demand

  • Median sales price dipped 2.5 percent to $482,500

  • Inventory increased 63.2 percent, pushing months of supply to 5.5

  • Days on market increased to 69 days, giving buyers more breathing room

Year to date, Buncombe County prices are still up slightly, with the median sales price at $485,000, a 1.1 percent increase over last year

What this means: The market is moving toward balance. Sellers still benefit from solid demand, but buyers now have more choices and time to negotiate.

City of Asheville Housing Market Trends

Asheville’s market showed one of the strongest increases in sales activity, paired with a noticeable price correction.

  • Closed sales surged 90.9 percent year over year

  • Median sales price fell 8.5 percent to $485,000

  • Inventory rose 64.2 percent, with months of supply now at 5.8

  • Homes are taking longer to sell, averaging 69 days on market

Despite the monthly price drop, year to date median prices are still up slightly, reaching $505,000

What this means: Asheville buyers are gaining leverage, while sellers need to price strategically and prepare their homes carefully to stand out.

Henderson County Real Estate Market Overview

Henderson County continues to show steady, healthier growth without the dramatic swings seen in Asheville.

  • Closed sales increased 19.7 percent year over year

  • Median sales price slipped just 1.2 percent to $449,500

  • Inventory grew 28.3 percent, with 4.8 months of supply

  • Average days on market held steady at 65 days

Year to date, prices are slightly down, reflecting a more normalized pace after several intense years of growth

What this means: Henderson County remains attractive for buyers looking for value and stability, while sellers benefit from consistent demand.

City of Hendersonville Market Snapshot

Hendersonville showed moderate price stability alongside improving sales activity.

  • Closed sales rose 22.9 percent year over year

  • Median sales price declined only 0.7 percent to $452,000

  • Inventory increased nearly 38 percent, creating more buyer options

  • Months of supply climbed to 4.9

Year to date, the median price is down 3.2 percent, reflecting a shift toward a more buyer friendly environment

What Buyers and Sellers Should Know Right Now

Across Western North Carolina, the theme is clear:

  • Buyers have more inventory, more time, and more negotiating power

  • Sellers can still succeed, but pricing, preparation, and marketing matter more than ever

  • Well priced homes continue to sell, even in a slower paced market

This is no longer a one size fits all market. Strategy matters, and local expertise makes a real difference.

Work With a Local Real Estate Expert

At Frisbee Real Estate, we help buyers and sellers navigate changing markets with confidence, clarity, and straight talk. If you are considering buying or selling in Buncombe County, Asheville, Henderson County, or Hendersonville, we would love to help you make a smart move.

Reach out anytime for a personalized market analysis or a no pressure conversation about your goals.