Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Black Mountain area can be challenging. Home prices in Black Mountain are now at a median cost of $256,881, higher than the North Carolina average of $226,477.
The average cost of rent is $1,112/mo in Black Mountain, primarily driven by the current value of real estate in the Black Mountain area. While nearly 46.75% of residents own their homes outright in Black Mountain, 30.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Black Mountain is $5,039 per month. Households that rent pay about 22.07% of their income on rent here. Black Mountain's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ridgecrest, NC: equally priced homes
- Montreat, NC: equally priced homes
- Graphite, NC: less expensive homes
- Swannanoa, NC: less expensive homes
- Summerhaven, NC: equally priced homes
- Fairview, NC: equally priced homes
- Gerton, NC: equally priced homes
- Old Fort, NC: less expensive homes
- Moffitt Hill, NC: less expensive homes
- Dillingham, NC: less expensive homes
Cities with Similar Populations
- Frostburg, MD: less expensive homes
- Woodmoor, CO: higher priced homes
- Dobbs Ferry, NY: higher priced homes
- Dowagiac, MI: less expensive homes
- Ellettsville, IN: less expensive homes
- Elwood, IN: less expensive homes
- Fort Salonga, NY: higher priced homes
- Fort Scott, KS: less expensive homes
- Fox Lake, IL: less expensive homes
- Woods Cross, UT: higher priced homes
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