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Blowing Rock, NC housing market

The Blowing Rock housing market isn’t that competitive. The median home sales price in January 2025 has increased in the past 3 months to $989,000. That’s up 22.9% and $184,500 higher than January 2024 of last year. That is higher than the North Carolina state median home sales price of $367,600. Homes typically sell after 206 days on market, which is slower than the state average and higher than 28 days in January 2024 a year prior.

Housing market overview for

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Trended Median Home Values
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How much do homes in Blowing Rock, NC cost?

The median home price in Blowing Rock was $989,000 in January 2025, up 22.9% from last year.

January's median sale price
$989K
Caret UpUp $185K and 22.9% since Jan 2024
Trended Homes Inventory
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How many homes are available in Blowing Rock, NC?

The real estate market in Blowing Rock had 25 homes for sale in January and is the same as the month prior and up from 22 homes in January 2024.

Homes for sale in January
25
Caret UpUp 3 and 13.6% since Jan 2024
Trended Homes Sold
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How many homes are sold in Blowing Rock, NC?

There were 7 homes sold in January 2025, trending up from 4 homes sold a year ago.

Homes sold in January
7
Caret UpUp 3 and 75% since Jan 2024
Trended Median Days on Market
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How long does it take to sell a home in Blowing Rock, NC?

Homes in Blowing Rock are staying on the market for 206 days. That’s 178 days slower than the median in January 2024, which means that the market is less competitive today.

Median days on market in January
206
Caret UpUp 178 and 635.7% since Jan 2024

Is it a buyer’s or seller’s market in Blowing Rock, NC?

It is considered a seller’s market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 7%, making the average house payment $6,709, which is $1.3K higher than a year before.

Total months of housing supply available for sale is 3.6 months, down 63.3% from 9.8 month(s) in January 2024.

Months of Supply

The Months of Supply housing metric is an estimate of how long it would take to sell all the homes for sale relative to the number of homes sold each month. Historically, 5 to 6 months is the average. You may also hear this metric referred to as the "absorption rate."

Lower months of housing supply typically signal a seller’s market whereas when months of supply is greater than 6 months typically signal a buyer’s market.

Sales to Listing Ratio

Sales to Listing Ratios are an indicator of supply and demand. It is all the completed sales in the past month divided by the total number of active listings.

In a balanced real estate market, the total number of home sales to active listings ratio is between 0.12 and 0.2 while markets with a ratio higher than 0.2 favors seller’s, as homes are selling fast and there is limited inventory, while markets below 0.12 favor home buyers because there is a larger supply of homes to purchase.

Selling a house in Blowing Rock, NC

Home values have increased by 22.9% since last year, and the number of days it takes to sell a home has increased from 28 days in January 2024 to 206 days in January 2025.

The best time to sell your home in Blowing Rock is in September, when homes sell fastest and for the most money.

Sellers typically pay the commission of both the listing and buyer’s agents, which typically total 5-6% of the home sale price. That’s $59,340 paid in commission to the real estate agents. You’d also need to factor in closing costs, plus other fees and your mortgage payoff amount, to calculate the net proceeds from your home sale.

Buying a house in Blowing Rock, NC

Homes in Blowing Rock have a median price of $989,000, which means you’ll need $98,900 for a 10% down payment. Housing costs have increased 22.9% in the past year. When you’re several months out and have your down payment saved, make sure to get pre-approved for a mortgage and find a real estate agent.

Home values are only one part of the home affordability equation. When buying a house in Blowing Rock, don’t forget to also account for closing costs, which are typically 3-4% of the home cost. In addition to a down payment of $98,900 you should have $39,560 as well as budget for cash reserves, moving expenses and ongoing homeownership costs for home maintenance and repairs or HOA fees.

Blowing Rock home values are 74.2% more expensive than Lenoir and 62.8% more expensive than the state median home value.

How does the Blowing Rock real estate market compare to other markets?

The Blowing Rock real estate market has a median sale price of $989,000, which is 62.8% higher than the state median sale price of $367,600. Compare other markets or nearby cities, as they can vary significantly.

Blowing Rock, NC
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Lenoir, NC
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North Carolina
Median home saleMedian home saleMedian home sale
$989,000$255,000$367,600
Days on marketDays on marketDays on market
2069863
Monthly house payment
Monthly house payment
Monthly house payment
$6,709$1,777$2,533
Cost to buy a house
Cost to buy a house
Cost to buy a house
$138,460$35,700$51,464
Cost to sell a house
Cost to sell a house
Cost to sell a house
$69,230$17,850$25,732

Take the next step in Blowing Rock: Find an agent

Navigating the Blowing Rock housing market can be tricky, but you don’t have to go it alone. When you're ready to learn more, reach out to a local Blowing Rock real estate agent to get the process started. We recommend interviewing multiple candidates and coming prepared with a list of all your questions.

Blowing Rock, NC housing market FAQs

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