How to Spot a Good Deal in Asheville’s Late Summer Market

 
pink and purple sunset behind downtown Asheville NC

If you’re house-hunting in Asheville right now, you’re probably feeling the tension of a competitive, shifting market. Maybe you’ve lost out on a few offers this summer — or you’re worried that prices feel too high.

Here’s some good news: late summer can actually be a smart time to buy in Asheville.

Inventory is often more negotiable, competition eases up as families settle into school routines, and serious sellers want to close before the holidays. It’s one of my favorite times to help buyers who want to make a confident, well-informed decision.

But not every house on the market is a true deal. Let’s look at what to watch for — and how to recognize real value — so you can buy smart in Asheville this season.

What Makes a “Good Deal” in Asheville?

In Asheville, a good deal isn’t always just about price. It’s also about:

  • Location: Close to downtown, parks, trails, or shopping.

  • Condition: Well-maintained or lightly updated, so you don’t inherit hidden repair costs.

  • Livability: A layout that suits your life — work-from-home spaces, guest rooms, or outdoor entertaining.

  • Future value: Neighborhoods or home styles that will appreciate as Asheville grows.

Pro tip: Always look at the “whole picture.” A lower sticker price isn’t a bargain if you need to pour $50K into updates — or if the home is too far from the places that matter to you.

 

blue and pink sky with fluffy clouds above the Blue Ridge Mountains

Late Summer: Why This Season Creates Opportunity

By August, Asheville’s peak buyer competition typically tapers.

That’s great for you as a buyer because:

Sellers may have already moved or want to close before the holidays.

Showings slow down as summer vacationers return to school-year routines.

Price reductions or incentives become more common.

Insider insight: Late summer sellers tend to be more realistic and ready to negotiate — especially if they’ve been on the market a few weeks.

7 Strategies for Finding a Good Deal

Here’s exactly what I advise my Asheville buyers to do in the late-summer market:

1️⃣ Look Beyond Surface Flaws

Great deals often hide behind dated finishes, odd furniture, or too much wallpaper.

Opportunity: Focus on good bones, solid mechanicals, and a layout you can work with.

2️⃣ Check Days on Market

A home that’s been on the market 30+ days in this region is a prime candidate for negotiation — especially if other buyers overlooked its potential.

Pro tip: Ask your agent to pull data on similar listings to help you craft a strategic, competitive offer.

3️⃣ Target Motivated Sellers

People who need to sell quickly often price more aggressively or accept offers with better terms (quick close, fewer contingencies).

Examples:

  • Job relocation

  • Estate sales

  • Sellers who already purchased their next home

4️⃣ Explore Emerging Neighborhoods

Areas just outside “hot” Asheville spots can offer more house for your dollar.

Examples:

  • East Asheville versus downtown

  • Swannanoa instead of Black Mountain

  • Candler instead of West Asheville

💡 Pro tip: Emerging neighborhoods often see faster price growth as demand shifts.

5️⃣ Consider Multi-Use Properties

Asheville buyers often appreciate homes that can do double-duty — a basement Airbnb, detached garage that can become a studio, or a home with a guesthouse.

Why it matters: Extra income streams or flexible spaces help offset your mortgage and increase long-term value.

6️⃣ Prioritize Inspection

“Good deal” means no surprises after closing.

Checklist:

  • Age of roof and HVAC

  • Evidence of water issues

  • Status of septic and well

  • Review of short-term rental (STR) zoning if that’s your plan

💡 Why it matters: A house with less visible wear and tear will cost less to own — a true win.

7️⃣ Get Pre-Approved

Before you shop, knowing your price range and having financing ready means you can jump on good listings and negotiate from a position of strength.

Pro tip: I can introduce you to trusted local lenders who understand the Asheville market.

FAQs About Late Summer Deals in Asheville

Q: Are Asheville home prices going to drop this fall?

A: Likely not significantly. Asheville remains a destination market with steady demand, so waiting for a big price decrease may not pay off.

Q: Should I wait until winter to buy?

A: Winter can also present opportunities, but fewer homes list then. Late summer and early fall often offer the best balance of selection and motivation.

Q: What kinds of properties make the best long-term investments?

A: Look for well-maintained properties close to amenities, with flexible floor plans or potential for a guest suite. Properties that can support long-term or short-term rentals — in permitted areas — often appreciate faster.

Q: Can you help me recognize good value?

A: Absolutely. I offer a free buyer connection call where we review your goals, must-haves, and the Asheville market — so we can shop with a strategy tailored just for you.

Ready to Find the Right Deal in Asheville?

Navigating this market can feel like a challenge — especially if you’re buying for the first time or from out of state. But with the right guidance and a solid plan, you can find a property that fits your goals and your budget.

Book a free buyer connection call today, and let’s talk strategy. I’ll help you identify opportunities others might overlook, craft smart offers that win, and close with confidence.

 

If you are looking to transform your space, interested in Asheville real estate, or just want to say hi, I'd love to connect!

 

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