NC High Country Market Report – April 2025
The High Country housing market, covering Alleghany, Ashe, Avery, and Watauga counties, saw a noticeable dip in home sales this April compared to last year—but there are some encouraging signs beneath the surface. Sales Down, Inventory Up. Home sales across the four counties dropped 30.4% compared to April 2024, with just 103 closed sales on single-family homes and condos/townhomes. Total sales volume reached just over $64 million, a significant drop from $90.7 million last year.
However, inventory rose by 18.3%, offering more high country property for sale to buyers who may have been sidelined in recent years due to tight market conditions. The combined median sales price for the region held relatively steady at $519,000, a slight 0.3% increase from April 2024.
While weather challenges may have impacted activity early this year, the growing inventory offers some hope for a more balanced market as we move into the summer months.
Inventory Snapshot In April 2025, there were:
774 active residential listings (single-family & condos/townhomes)
295 new listings hitting the market
This represents a 7.5-month supply, up a dramatic 70% from a year ago
County-by-County Highlights
Alleghany County
- 8 residential sales, same as April 2024
- Median home price: $361,875 (+5.0%)
- 78 active listings (+44.4%), 26 new listings
- 7 land sales, median price: $30,000
- 245 active land listings
Ashe County
- 17 home sales, median price: $322,000 (-17.8%)
- 120 active listings, 56 new listings
- 22 land sales, median price: $45,500
- 347 active land listings, 56 new land listings
Avery County
- 22 home sales, median price: $402,500 (-21.1%)
- 257 active listings, 96 new listings
- 6 land sales, median price: $53,750 (-63.9%)
- 284 active land listings, 43 new land listings
Watauga County
- 56 home sales, median price: $572,500 (+1.3%)
- 319 active listings, 117 new listings
- 22 land sales, median price: $113,000 (+32.9%)
- 444 active land listings, 55 new land listings
Land & Commercial Market Insights
- Land listings totaled 1,320 across the four counties
- Land supply stood at 23.2 months, down 6.1% YoY
- Land sales totaled $9.1 million in April 2025
- Commercial real estate: 8 active listings, with 2 sales totaling $1.28 million
National Trends: Inventory Showing Signs of Life
According to a May 15, 2025 report from the National Association of REALTORS®, more homes are coming to market nationally—especially at more moderate price points. While affordability remains a challenge, the 20% rise in listings year-over-year could offer relief for buyers in certain markets.
“We still don’t have an abundance of homes that are affordable to low- and moderate-income households,” said Danielle Hale, Chief Economist at realtor.com®, “but the increase in listings is a hopeful sign.”
Stay Informed
These figures are based on the High Country Multiple Listing Service (MLS) and reflect a specific moment in time. Markets fluctuate, and data accuracy is subject to MLS reporting.
Luxury Meets Local Expertise in North Carolina’s High Country – Work with Lori Eastridge, Realtor®/Broker
When it comes to buying or selling real estate in North Carolina’s High Country, having the right local expert by your side makes all the difference. Whether you’re navigating the scenic neighborhoods of Boone, Banner Elk, West Jefferson, or beyond, Lori Eastridge, Realtor®/Broker with NC High Country Real Estate, powered by Realty One Group Select, is the trusted guide you want in your corner.
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But what really sets Lori apart is her personalized approach. She doesn’t just list homes; she tells their stories, positioning each one to shine in a competitive market. With a tailored marketing strategy, industry-savvy insights, and a passion for excellence, Lori ensures sellers net top value and buyers land the perfect property—whether it’s a cozy mountain cabin or a sprawling estate.
Why Choose Lori Eastridge?
- Hyper-Local Knowledge: With years of experience in the High Country, Lori knows every back road, mountain view, and market trend.
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Whether you’re dreaming of a luxury mountain retreat, preparing to list your family cabin, or investing in High Country real estate, Lori Eastridge is your go-to resource for results with heart.
? Let’s make your mountain move a success. Contact Lori today at 828.773.2080.
