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These days, finding an affordable place to live in the Sugar Mountain area can be challenging. Home prices in Sugar Mountain are now at a median cost of $331,306, higher than the North Carolina average of $323,314.
The average cost of rent is $1,121/mo in Sugar Mountain, primarily driven by the current value of real estate in the Sugar Mountain area. In Sugar Mountain, 14.61% of households rent, and 41.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sugar Mountain is $7,344 per month. Households that rent pay about 15.26% of their income on rent here. Sugar Mountain’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Norwood Hollow, NC: higher priced homes
- Grandfather, NC: equally priced homes
- Banner Elk, NC: equally priced homes
- Seven Devils, NC: higher priced homes
- Linville, NC: equally priced homes
- Grassy Creek, NC: less expensive homes
- Beech Mountain, NC: higher priced homes
- Elk Park, NC: less expensive homes
- Cranberry, NC: less expensive homes
- Heaton, NC: less expensive homes
Cities with Similar Populations
- Halder, WI: less expensive homes
- Hayward, MN: less expensive homes
- Hayesville, IA: less expensive homes
- Hawleys, NY: less expensive homes
- Hawkins, KY: less expensive homes
- Hanover, NM: less expensive homes
- Hanover Center, NH: higher priced homes
- Hamlin, PA: less expensive homes
- Halltown, MO: less expensive homes
- Hallam, NE: less expensive homes
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