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Biltmore Forest, NC Housing

 
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As of 2010-2014, median price of a house in Biltmore Forest is $849,300, which is much higher than the state average of $153,600 and is much higher than the national average of $175,700. The Biltmore Forest median house value has grown by 78.91% since 2000. The growth rate for the price of a house in Biltmore Forest is higher than the state average rate of 41.83% and is higher than the national average rate of 46.91%. The median year that a house in Biltmore Forest was built is 1959, which is older than the median year for a house built in the state which is 1986 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 560 Owner Occupied Houses in Biltmore Forest, NC, #2
Biltmore Forest, NC
849,300 USD
North Carolina
153,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #85
Biltmore Forest, NC
78.91%
North Carolina
41.83%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Biltmore Forest, NCNorth CarolinaU.S.
Total Housing Units692, see rank, 100%4,385,668132,741,033
Occupied Housing Units592, 85.55%, see rank85.34%87.55%
Owner Occupied560, 80.92%, see rank56.13%56.34%
Renter Occupied32, 4.62%, see rank29.20%31.21%
Vacant Housing Units100, 14.45%, see rank14.66%12.45%
For Rent11, 1.59%, see rank2.65%2.34%
For Sale Only21, 3.03%, see rank1.41%1.20%
Rented or Sold, Not Occupied17, 2.46%, see rank0.78%0.92%
For Seasonal, Recreational, or Occasional Use38, 5.49%, see rank4.81%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant13, 1.88%, see rank4.98%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #677
Biltmore Forest, NCNorth CarolinaU.S.
195919861976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Biltmore Forest, NC%North CarolinaU.S.
Owner-Occupied Units560100%2,461,74174,787,460
With a Mortgage34361.25%, see rank66.10%65.58%
Without a Mortgage21738.75%, see rank33.90%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Biltmore Forest, NC
3,750 USD
North Carolina
1,272 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsBiltmore Forest, NC%North CarolinaU.S.
$299 or Less00.00%, see rank0.29%0.20%
$300 to $49900.00%, see rank2.34%1.59%
$500 to $69930.87%, see rank6.85%5.01%
$700 to $99982.33%, see rank20.33%14.32%
$1,000 to $1,499174.96%, see rank34.42%27.90%
$1,500 to $1,999308.75%, see rank18.69%20.35%
$2,000 to $2,9998023.32%, see rank12.57%19.52%
$3,000 or More20559.77%, see rank4.51%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Biltmore Forest, NC
24.30% of the Total Income
North Carolina
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Biltmore Forest, NC%North CarolinaU.S.
10% or Less5114.87%, see rank6.41%5.86%
10% to 20%7923.03%, see rank34.98%31.95%
20% to 30%7120.70%, see rank27.06%27.64%
30% to 40%5215.16%, see rank12.56%13.74%
40% or More8725.36%, see rank18.39%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Biltmore Forest, NC
1,001 USD
North Carolina
373 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsBiltmore Forest, NC%North CarolinaU.S.
$199 or Less52.30%, see rank10.23%7.76%
$200 to $29900.00%, see rank21.81%14.70%
$300 to $499156.91%, see rank41.59%34.63%
$500 to $6993917.97%, see rank16.79%21.16%
$700 or More15872.81%, see rank9.58%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Biltmore Forest, NC
13.60% of the Total Income
North Carolina
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Biltmore Forest, NC%North CarolinaU.S.
10% or Less7434.10%, see rank41.92%40.19%
10% to 20%6429.49%, see rank31.16%31.47%
20% to 30%3516.13%, see rank12.06%12.24%
30% to 40%115.07%, see rank5.28%5.64%
40% or More2913.36%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Biltmore Forest, NCNorth CarolinaU.S.
Total Housing Units692, 100%4,385,668132,741,033
1-unit, Detached663, 95.81%, see rank65.33%61.65%
1-unit, Attached26, 3.76%, see rank3.82%5.82%
2 Units0, 0.00%, see rank2.14%3.75%
3 or 4 Units0, 0.00%, see rank2.74%4.43%
5 to 9 Units0, 0.00%, see rank4.44%4.78%
10 or More Units0, 0.00%, see rank7.98%13.08%
Mobile Home, Boat, RV, Van, etc.3, 0.43%, see rank13.55%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Biltmore Forest, NCNorth CarolinaU.S.
Total Housing Units692, 100%4,385,668132,741,033
1 Room0, 0.00%, see rank1.18%1.95%
2 Rooms14, 2.02%, see rank1.51%2.48%
3 Rooms7, 1.01%, see rank6.93%9.13%
4 Rooms14, 2.02%, see rank17.44%16.60%
5 Rooms19, 2.75%, see rank23.63%20.41%
6 Rooms41, 5.92%, see rank18.81%18.06%
7 Rooms72, 10.40%, see rank12.36%12.27%
8 Rooms126, 18.21%, see rank8.08%8.48%
9 Rooms or More399, 57.66%, see rank10.08%10.60%
Median Rooms9.00, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Biltmore Forest, NCNorth CarolinaU.S.
Total Housing Units692, 100%4,385,668132,741,033
No Bedroom0, 0.00%, see rank1.26%2.17%
1 Bedroom24, 3.47%, see rank6.61%11.16%
2 Bedrooms31, 4.48%, see rank26.47%26.69%
3 Bedrooms178, 25.72%, see rank47.54%39.70%
4 Bedrooms303, 43.79%, see rank14.55%16.05%
5 or More Bedrooms156, 22.54%, see rank3.57%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Biltmore Forest, NCNorth CarolinaU.S.
Total Housing Units592, 100%3,742,514116,211,092
Utility Gas410, 69.26%, see rank24.68%48.85%
Bottled, Tank, or LP Gas6, 1.01%, see rank8.00%4.86%
Electricity128, 21.62%, see rank60.27%36.68%
Fuel Oil, Kerosene, etc.42, 7.09%, see rank4.34%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood3, 0.51%, see rank2.17%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel3, 0.51%, see rank0.15%0.47%
No Fuel Used0, 0.00%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalBiltmore Forest, NCNorth CarolinaU.S.
Occupied Units Paying Rent25, 100%1,186,63139,201,928
$199 or Less0, 0.00%, see rank1.77%1.50%
$200 to $2990, 0.00%, see rank3.01%3.18%
$300 to $4997, 28.00%, see rank9.02%7.37%
$500 to $6990, 0.00%, see rank23.78%16.01%
$700 to $9990, 0.00%, see rank35.90%29.17%
$1,000 to $1,4990, 0.00%, see rank21.06%26.88%
$1,500 to $1,9992, 8.00%, see rank3.82%9.79%
$2,000 or More16, 64.00%, see rank1.64%6.10%
Median$2,001, see rank$790$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Biltmore Forest, NCNorth CarolinaU.S.
Occupied Housing Units592, 100%3,742,514116,211,092
No Vehicles Available3, 0.51%, see rank6.54%9.12%
1 Vehicles Available113, 19.09%, see rank32.77%33.80%
2 Vehicles Available290, 48.99%, see rank38.61%37.48%
3 or More Vehicles Available186, 31.42%, see rank22.08%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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