The housing market in 28757 Montreat, NC is booming. With a median house value of $456,700, it is significantly higher than the national median home value of $338,100. Moreover, while the US 1 year house appreciation rate was 8.27%, Montreat experienced an impressive 18.83% increase over the same period. This has been driven by rapidly rising property values and increased demand for quality affordable housing options in the area. People looking to buy or sell houses in this area should make sure to take advantage of this strong real estate market before it cools off.
The median home cost in Montreat (zip 28757) is $456,700. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Montreat (zip 28757) is up 22.1%.
Average Age of Homes
- The median age of Montreat (zip 28757) real estate is 59 years old
The Rental Market in Montreat (zip 28757)
- Renters make up 5.5% of the Montreat (zip 28757) population
- 0.0% of houses and apartments in Montreat (zip 28757), 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.