Last Updated on May 22, 2025 11:46 am
The High-Country Real Estate Market, which consists of Alleghany, Ashe, Avery, and Watauga counties saw sales down in April 2025 by 30.4% compared to April 2024, with inventory up 18.3% compared to April 2024. In April 2025, there were 103 closed sales on single-family and condo/townhouse properties. The combined closing total of sales for April 2025 was over $64 million compared to a closing total for April 2024 of $90.7 million. However, the combined median sales price for all four counties was $519,000 for April 2025, up 0.3% compared to April 2024. Weather conditions have not been in the High Country’s favor so far this year.
Nationally: According to a May 15, 2025, real estate report from the National Association of REALTORS® “Shoppers see more homes for sale today than one year ago, and encouragingly, many of these homes have been added at moderate income price points,” says Danielle Hale, realtor.com®’s chief economist. “But as this report shows, we still don’t have an abundance of homes that are affordable to low- and moderate-income households, and the progress that we’ve seen is not happening everywhere.”
Also, according to the NAR report “the increase in overall listings—up nearly 20% compared to a year ago—is a hopeful sign for a housing market that has long been starved for inventory for a decade. It may also bring relief to some buyers, with price pressures beginning to ease in markets where inventory is rising most.”
INVENTORY: Alleghany, Ashe, Avery, and Watauga Counties had 774 active single-family and condo/townhouse listings during April 2025, with 295 new listings coming onto the market. This is a 7.5% supply of inventory, up 70.0% compared to April 2024.
LAND: The 4 counties combined had 1,320 active land listings during April 2025, with a 23.2%-month supply of local land inventory, this is down 6.1% compared to April 2024. Land sales for April 2025 were $9.1 Million. $6.9 Million
COMMERCIAL: There were 8 active commercial properties listed in the High-Country Multiple Listing Service for our 4 counties during April 2025. There were two commercial sales within the four counties during April with a closing price of $1,279,000.
Alleghany County: Realtors closed on eight residential sales in April 2025, with no change from April 2024. The county's median sales price for April 2025 was $361,875. up 5.0% compared to April 2024. There are currently 78 active residential listings, up 44.4% from April 2024 and 26 new listings in the county. There were seven land closings in April 2025, down 22.2% compared to April 2024, with a median sales price of $30,000. There are currently 245 active land listings in Alleghany County.
Ashe County: Seventeen residential sales were closed in April 2025, and the median sales price was $322,000, this was down 17.8% compared to April 2024. There are 120 active residential properties, and Ashe added 56 new listings in the county during this month. Twenty-two land sales were also reported for April 2025; the median sales price was $45,500. There are currently 347 active land listings and 56 new land listings in Ashe County.
Avery County: Twenty-two residential properties closed in Avery County in April 2025 with a median sales price of $402,500, down 21.1% from April 2024. There are 257 active residential properties available in Avery, with 96 new listings added in April 2025. There were 6 land sales in April, with a median sales price of $53,750, down 63.9% from April 2024. There were 284 active listings for land and 43 new land listings in Avery County in April 2025.
Watauga County: The market in Watauga saw 56 residential properties close in April 2025, with the median sales price being the largest in our counties, at $572,500, up 1.3% from April 2024. There are 319 active residential properties in the county and 117 new listings in April 2025. Twenty-two land closings were recorded for April 2025, down 12.0% from last year. The median sales price was $113,000, up 32.9% from April 2024. There are currently 444 active listings for land in Watauga County and 55 new listings for land added to Watauga County this month.
Disclaimer: Figures are based on the High-Country Multiple Listing Service information. Data is for informational purposes only and may not be accurate due to MLS reporting processes. This data reflects a specific point in time and cannot be used in perpetuity due to the fluctuating nature of markets.
Report graphics generated from Domus Analytics pulled from the HCAR Web API feed. HCAR Realtor® members can access these detailed and customizable reports and graphics for professional use by logging into the HCAR dashboard. A public graphic is available on our website homepage at highcountryrealtors.org.
