Market report, updated

Rainbow Lake Home Values and Market Report

Search in the subdivision of Rainbow Lake

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Report prepared by ashevilleluxurybrokers.com

Market at a glance

Over the last 12 months, homes sold for 95.0% of list price in 62 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $567K Sold · $550K
$580K$450K$320K$190K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Oct. Last month: 0.

Where the market stands

All homes in this report, by status.

6homes
Active1 · 17%
Sold (12 mo)5 · 83%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$185K
Sold$376K

Average days on market

Active293 days
Sold62 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 1
Average list price $185,000
Avg. days on market 293 days
Avg. price per ft² $307
Avg. living area 602 ft²
Avg. beds / baths 2.0 / 1.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$300K$200K$100K$0

Price vs. living area: 1 home plotted, up to $300K and 900 ft².

0 ft²300600900 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

30 Rainbow Lake Circle$307

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
30 Rainbow Lake CircleBlack Mountain, NC 28711 21602$185,000$307293 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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