The housing market in Montreat, NC is performing above the national average. The median value for a house in the area is $553,200, which is much higher than the US median value of $338,100. Additionally, the 1 year house appreciation rate in Montreat, NC was 18.83%, while it was only 8.27% nationally. This makes Montreat an attractive option for buyers looking for a property with good appreciation potential.
The median home cost in Montreat is $553,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Montreat is up 22.1%.
Average Age of Homes
- The median age of Montreat real estate is 54 years old
The Rental Market in Montreat
- Renters make up 5.6% of the Montreat population
- 0.0% of houses and apartments in Montreat, 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.