Housing in Biltmore Forest, NC is a highly desirable real estate market. The median home value currently stands at $1,299,600, which is much higher than the US median at $338,100. Not only that, but the area has seen a dramatic 16.41% increase in house values over the past year - far greater than the US 1 year appreciation of 8.27%. With such desirability and considerable value increases, it's no wonder Biltmore Forest is a popular choice for those looking to invest in housing.
The median home cost in Biltmore Forest is $1,299,600. Home appreciation the last 10 years has been 138.5%. Home Appreciation in Biltmore Forest is up 22.3%.
Average Age of Homes
- The median age of Biltmore Forest real estate is 58 years old
The Rental Market in Biltmore Forest
- Renters make up 4.6% of the Biltmore Forest population
- 0.0% of houses and apartments in Biltmore Forest, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.