The Downtown Asheville housing market is not very competitive. The median sale price of a home in Downtown Asheville was $737K last month, up 23.8% since last year. The median sale price per square foot in Downtown Asheville is $730, up 22.4% since last year.
What is the housing market like in Downtown Asheville today?
In February 2025, Downtown Asheville home prices were up 23.8% compared to last year, selling for a median price of $737K. On average, homes in Downtown Asheville sell after 85 days on the market compared to 36 days last year. There were 9 homes sold in February this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$736,500
+23.8% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Downtown Asheville, NC
$736,500
+23.8%
United States
To compare other locations to the Downtown Asheville and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Asheville add value to a home.
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How hot is the Downtown Asheville housing market?
Downtown Asheville is not very competitive. Homes sell in 85 days.
0
100
29
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 85 days.
Hot homes
can sell for about 1% below list price and go pending in around 36 days.
Learn about schools in the Downtown Asheville area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Asheville housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Asheville.
Flood Factor - Moderate
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Asheville has a moderate risk of flooding. 88 properties in Downtown Asheville are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in Downtown Asheville. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Asheville has a moderate risk of wildfire. There are 12 properties in Downtown Asheville that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Downtown Asheville.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Asheville has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Asheville is most at risk from hurricanes. 651 properties in Downtown Asheville have some risk of being in a severe wind event within the next 30 years.
100% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Asheville has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Asheville have a Moderate Heat Factor®.
Downtown Asheville is expected to see a 157% increase in the number of days over 98ºF over the next 30 years. Downtown Asheville is expected to experience 5