Flat Rock Housing Market Report March 2025•Henderson County, North Carolina

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Housing Prices in Flat Rock, NC

How much do homes in Flat Rock, NC cost?

Housing Market Conditions

Is Flat Rock, 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

Flat Rock is a Buyer's Market

Difference Since March 2024

At the same time last year, Flat Rock was a Seller's Market.

Insight

Flat Rock is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$575,000$259/SqFt
+$5,000
+0.9%

Based on all homes sold in the last 12 months

Insight

Homes in Flat Rock have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Flat Rock was $575,000 in March 2025, up 0.9% from last year, and the median price per square foot was $259.

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
Flat Rock
+0.9%
Hendersonville Township
0.2%
Hendersonville
-0.3%

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.
BedsMar 2024Mar 2025Change YoY
1$164.8K$191K
+15.9%
2$400K$416K
+4.0%
3$600K$671.5K
+11.9%
4$855K$760K
-11.1%
5$1.6M$784.5K
-53.4%

Summary: Flat Rock housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +15.9%. The home price for 2 bedroom homes increased by +4.0%. The home price for 3 bedroom homes increased by +11.9%. The home price for 4 bedroom homes decreased by -11.1%. The home price for 5 bedroom homes decreased by -53.4%.

How does Flat Rock, NC compare with other places?

Market comparison tool

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

Flat Rock, NC

Housing supply in Flat Rock, NC

How many homes are available in Flat Rock, 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
84Last MonthMar 2025
692 months agoFeb 2025
+21.7 %
Change MoMFeb – Mar

Summary: The Flat Rock real estate market had 84 homes for sale in Mar 2025, a 21.7 % increase compared to Feb 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
11Last MonthMar 2025
52 months agoFeb 2025
+120.0 %
Change MoMFeb – Mar

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.
BedsFeb 2025Mar 2025Change MoM
103
+100.0%
21419
+35.7%
34048
+20.0%
41010
0.0%
554
-20.0%

Summary: Flat Rock housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +35.7%. The inventory for 3 bedroom homes increased by +20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -20.0%.

Asking Price vs. Sold Price

How much do homes in Flat Rock, 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 Price1 Home

Under Asking Price9 Homes

Insight

If you're buying a home in Flat Rock, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Flat Rock in March 2025, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and and 9% were sold over asking.

Days on Market for Flat Rock, NC

How long does it take to sell a home in Flat Rock, NC?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days4 Homes

Over 90 Days2 Homes

Insight

Many homes in Flat Rock are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 11 homes were sold in Flat Rock; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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
68 DaysThis YearMar 2025
56 Days1 year agoMar 2024
+21.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Flat Rock had an average listing age of 68 days in Mar 2025, up by 21.0% compared to the previous year.

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Newest Listings in Flat Rock, NC

What homes are available in Flat Rock, 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 04/01/2023 - 04/01/2025

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

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Last updated on: 4/4/2025, 10:21:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.