Swannanoa’s rolling three-month data through May 2026 shows prices running higher than a year ago, with typical home values up more than 20 percent year over year. Median list prices have risen even faster over that span, climbing about 24 percent. At the same time, the share of homes selling above list price has dropped sharply from last year, pointing to less frequent bidding wars even as prices trend higher.
Looking at the latest period, the typical home value over the past three months sits around $436,000, very close to the median list price of about $435,000. Homes are spending a median of 69 days on the market, which is longer than this time last year and suggests buyers have more time to make decisions. Inventory has shifted as well, with roughly 5.1 months of supply compared with leaner conditions a year ago, aligning with the area’s current seller’s market reading but with more balance than in prior years.
Activity has eased from previous peaks, as homes sold over the rolling three-month window are down slightly year over year while new listings have also edged lower. Pending sales, however, show a modest year-over-year increase, indicating that serious buyers are still active despite longer market times. Sale prices are coming in below list on average, with an average sale-to-list ratio just under 95 percent, and about one-third of homes still go under contract within two weeks. Both buyers and sellers can benefit from an Agent Pronto–recommended agent who understands these shifting dynamics and can guide them through the Swannanoa market.
