Black Mountain Township Housing Market Report February 2025•Buncombe County, North Carolina

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Housing Prices in Black Mountain Township, NC

How much do homes in Black Mountain Township, NC cost?

Housing Market Conditions

Is Black Mountain Township, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Black Mountain Township is a Seller's Market

Difference Since February 2024

Since last year, Black Mountain Township has remained a Seller's Market.

Insight

Black Mountain Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$543,700$329/SqFt
+$41,700
+8.3%

Based on all homes sold in the last 12 months

Insight

Homes in Black Mountain Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Black Mountain Township was $543,700 in February 2025, up 8.3% from last year, and the median price per square foot was $329.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Swannanoa
+16.9%
Black Mountain Township
+8.3%
Black Mountain
+6.1%
Old Fort Township
+1.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$350K$415K
+18.6%
2$395K$406K
+2.8%
3$489K$536K
+9.6%
4$867.5K$735K
-15.3%
5$825.5K$840K
+1.8%

Summary: Black Mountain Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +18.6%. The home price for 2 bedroom homes increased by +2.8%. The home price for 3 bedroom homes increased by +9.6%. The home price for 4 bedroom homes decreased by -15.3%. The home price for 5 bedroom homes increased by +1.8%.

How does Black Mountain Township, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Black Mountain Township, NC

Housing supply in Black Mountain Township, NC

How many homes are available in Black Mountain Township, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
88Last MonthFeb 2025
862 months agoJan 2025
+2.3 %
Change MoMJan – Feb

Summary: The Black Mountain Township real estate market had 88 homes for sale in Feb 2025, a 2.3 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
16Last MonthFeb 2025
152 months agoJan 2025
+6.7 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
21614
-12.5%
589
+12.5%
102
+100.0%
34446
+4.5%
41817
-5.6%

Summary: Black Mountain Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes increased by +12.5%. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +4.5%. The inventory for 4 bedroom homes decreased by -5.6%.

Asking Price vs. Sold Price

How much do homes in Black Mountain Township, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price3 Homes

Under Asking Price12 Homes

Insight

If you're buying a home in Black Mountain Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Black Mountain Township in February 2025, up by 6.7% month-over-month. Of the 16 sold homes, 75% were sold under asking, 19% were sold at asking, and and 6% were sold over asking.

Days on Market for Black Mountain Township, NC

How long does it take to sell a home in Black Mountain Township, NC?

Breakdown of Home Sale Times

Under 30 Days8 Homes

30 – 90 Days2 Homes

Over 90 Days6 Homes

Insight

Many homes in Black Mountain Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2025, 16 homes were sold in Black Mountain Township; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
90 DaysThis YearFeb 2025
68 Days1 year agoFeb 2024
+32.1 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Black Mountain Township had an average listing age of 90 days in Feb 2025, up by 32.1% compared to the previous year.

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Newest Listings in Black Mountain Township, NC

What homes are available in Black Mountain Township, NC?

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Nearby markets

Popular Cities with Homes for Sale in North Carolina

MLS Disclaimers and Copyright

Based on information from Canopy MLS, for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Last updated on: 3/16/2025, 11:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.