Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Swannanoa area can be challenging. Home prices in Swannanoa are now at a median cost of $225,643, lower than the North Carolina average of $226,477.
The average cost of rent is $974/mo in Swannanoa, primarily driven by the current value of real estate in the Swannanoa area. While nearly 45.40% of residents own their homes outright in Swannanoa, 31.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in Swannanoa is $4,860 per month. Households that rent pay about 20.04% of their income on rent here. Swannanoa's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Summerhaven, NC: equally priced homes
- Black Mountain, NC: higher priced homes
- Fairview, NC: higher priced homes
- Montreat, NC: higher priced homes
- Ridgecrest, NC: higher priced homes
- Graphite, NC: less expensive homes
- Gerton, NC: higher priced homes
- Asheville, NC: higher priced homes
- Biltmore Forest, NC: higher priced homes
- Dillingham, NC: less expensive homes
Cities with Similar Populations
- Middleton, MA: higher priced homes
- Maywood, NJ: higher priced homes
- Mcdonald, PA: equally priced homes
- McGregor, TX: higher priced homes
- McLeansville, NC: less expensive homes
- Memphis, FL: less expensive homes
- Mendham, NJ: higher priced homes
- Mentone, CA: higher priced homes
- Metropolis, IL: less expensive homes
- Middlebury, VT: higher priced homes
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