17 Elkmont Terrace in North Asheville
If you’ve been dreaming about owning a home in Asheville or the mountains of Western North Carolina, this winter could be the perfect time to make the move. While national trends suggest spring and summer are often popular for buying, the current local market shows stability and less competition, giving buyers a unique opportunity to move thoughtfully and secure a home without the usual rush.
Interest Rates
For the last few years, we’ve seen interest rates in the 7% range, but in recent weeks, the average 30-year fixed rate has been 6.09%. Though we’re not seeing the levels of 2021 and 2022 rates, this is still a notable improvement in costs
Housing Market Conditions are Settling In
After a stretch of significant price increases, the Western North Carolina housing market is beginning to stabilize this winter. Homes continue to hold their value—a positive sign for long-term investment—but the pace of growth has eased. For buyers, this season offers less pressure and more time to make a thoughtful, strategic choice.
Investing in Lifestyle and Future Value
Of course, the numbers are only part of the story. People continue to be drawn to Asheville and the surrounding mountain towns for the fresh air, outdoor adventures, vibrant arts scene, and sense of community. Buying now means you don’t just get a hous e- you get a lifestyle. And with the region’s long-term appeal, you’re also planting roots in a place where demand is likely to remain strong for years to come.
937 Monte Vista Drive in Candler
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