Black Mountain, NC housing market
The typical Black Mountain home is worth about $456,000, down 3.6% in a year, 36% above the North Carolina typical home. Homes typically sell in 94 days, below asking.
Home values, sales, trends and how Black Mountain compares with the towns next door — updated as new data is published.
Black Mountain at a glance
A buyer's market
More homes are for sale than are selling — about 14 months of supply. Buyers have room to negotiate.
Typical home value, 2016–2026
Show as a table
| January | Black Mountain | North Carolina |
|---|---|---|
| 2017 | $244,000 | $179,000 |
| 2018 | $270,000 | $190,000 |
| 2019 | $287,000 | $203,000 |
| 2020 | $300,000 | $215,000 |
| 2021 | $332,000 | $242,000 |
| 2022 | $389,000 | $287,000 |
| 2023 | $440,000 | $320,000 |
| 2024 | $469,000 | $332,000 |
| 2025 | $483,000 | $338,000 |
| 2026 | $465,000 | $336,000 |
| August 2026 | $456,000 | $335,000 |
48 new homes permitted in 2025
Builders were permitted 48 new homes in Black Mountain in 2025, all single-family houses, worth about $21.6 million to build. That's 5.6 per 1,000 residents, slower than across North Carolina (11). Over the past 10 years, Black Mountain has permitted 755 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Black Mountain gained 578 residents while 429 new homes were permitted: about 1.3 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. Across North Carolina: 1.7 new residents per new home.
How Black Mountain ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 71 | 71 | 0 | $27.1 million |
| 2025 | 48 | 48 | 0 | $21.6 million |
| 2024 | 107 | 74 | 33 | $52.7 million |
| 2023 | 65 | 65 | 0 | $34.5 million |
| 2022 | 84 | 84 | 0 | $33 million |
| 2021 | 107 | 107 | 0 | $33.7 million |
| 2020 | 76 | 76 | 0 | $25.4 million |
| 2019 | 82 | 82 | 0 | $24.3 million |
| 2018 | 43 | 43 | 0 | $10.6 million |
| 2017 | 65 | 55 | 10 | $15.2 million |
| 2016 | 78 | 78 | 0 | $19.4 million |
| 2015 | 44 | 44 | 0 | $10.7 million |
| 2014 | 38 | 38 | 0 | $10.5 million |
| 2013 | 23 | 23 | 0 | $6.9 million |
| 2012 | 19 | 19 | 0 | $5 million |
| 2011 | 20 | 18 | 2 | $3.2 million |
| 2010 | 17 | 17 | 0 | $4.5 million |
| 2009 | 16 | 16 | 0 | $4.6 million |
| 2008 | 49 | 45 | 4 | $13.6 million |
| 2007 | 54 | 54 | 0 | $13.9 million |
| 2006 | 59 | 51 | 8 | $15.7 million |
| 2005 | 33 | 29 | 4 | $6.6 million |
| 2004 | 41 | 31 | 10 | $6.7 million |
| 2003 | 37 | 29 | 8 | $6.4 million |
| 2002 | 59 | 49 | 10 | $8.6 million |
| 2001 | 28 | 26 | 2 | $4 million |
| 2000 | 44 | 44 | 0 | $4 million |
How Black Mountain ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Black Mountain and its neighbors
5.9 years of income
The typical Black Mountain home costs about 5.9 years of the town's median household income, more than across North Carolina (4.6 years).
How Black Mountain ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,480
HUD's Fair Market Rent for a two-bedroom in Black Mountain is $1,480 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Black Mountain pay a median of $1,652. A two-bedroom takes about 23% of the town's median household income.
Studio $1,170 · 4 bedrooms $2,470
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28711; Asheville, NC MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.