Why Live in Black Mountain
Black Mountain, a small town in Buncombe County, North Carolina, is known for its scenic beauty and community-centric atmosphere. With a population of around 8,500, it attracts retirees and second-home buyers, particularly those moving from the mid-Atlantic or Northeast regions. The town's economy thrives on year-round tourism and manufacturing, and it hosts the headquarters of Ingles Markets, Inc. The downtown area, spared from recent natural disasters, is vibrant with small businesses, art galleries, and a diverse food scene featuring German, Thai, and local cuisine. The annual Sourwood Festival is a major event, celebrating the native sourwood tree and its honey. Housing in Black Mountain includes custom Craftsman homes, cottages, and cabins, often situated on hilly lots with scenic views. The area offers numerous outdoor activities, with about 15 hiking trails within a short drive, including Catawba Falls and Lookout Mountain Overlook. Pisgah National Forest and Mount Mitchell provide additional recreational opportunities. Local parks like Lake Tomahawk Park and Cragmont Park offer spaces for walking, swimming, and sports. Black Mountain is served by Buncombe County Schools, which are highly rated, and several small private colleges. The town is safer than the national average, with a reported decrease in property and violent crimes. Interstate 40 provides easy access to Asheville, just 15 miles away, making it convenient for work, healthcare, and travel.
Home Trends in Black Mountain, NC
On average, homes in Black Mountain, NC sell after 51 days on the market compared to the national average of 50 days. The median sale price for homes in Black Mountain, NC over the last 12 months is $517,500, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$517,500
Median Single Family Sale Price
$550,000
Median Townhouse Sale Price
$449,500
Median 2 Bedroom Sale Price
$444,900
Average Price Per Sq Ft
$370
Number of Homes for Sale
129
Last 12 months Home Sales
190
Median List Price
$577,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-3%