Why Live in Swannanoa
Swannanoa, nestled in the Blue Ridge Mountains, is a tight-knit community known for its resilience and neighborly spirit, especially evident in the aftermath of Hurricane Helene. The town, home to about 5,000 residents, features several distinct neighborhoods, including Beacon Village with its single-story brick bungalows and Grovemont with brick ranch-style homes on spacious, leafy lots. Both neighborhoods are within walking distance of parks, with Grovemont Park recently adorned with 10,000 tulips. Pisgah National Forest and the Blue Ridge Parkway offer outdoor activities such as scenic drives, waterfall hikes, and mountain biking, making them top destinations for things to do. The local economy is rebounding, with about 75 businesses reopened, including Short Sleeves Coffee and Good Company Pizza, alongside established chains like CVS and Dollar General. The community enjoys summer music events at Grovemont Park and the Sourwood Festival in nearby Black Mountain. Highway 70 connects Swannanoa to Asheville, 10 miles west, and Black Mountain, 5 miles east, with Interstate 40 nearby for further travel. Despite ongoing reconstruction, the area remains livable, with operational roadways and bridges. Mission Hospital in Asheville provides essential medical services, and Asheville Regional Airport offers flights to nearly 30 destinations.
Home Trends in Swannanoa, NC
On average, homes in Swannanoa, NC sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Swannanoa, NC over the last 12 months is $406,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$406,500
Median Single Family Sale Price
$422,000
Median Townhouse Sale Price
$464,900
Median 2 Bedroom Sale Price
$475,000
Average Price Per Sq Ft
$286
Number of Homes for Sale
43
Last 12 months Home Sales
91
Median List Price
$450,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-1%