Home

Biltmore Forest, NC Real Estate


According to census data in the year 2000 there were 653 housing units in Biltmore Forest. This represents a 7.6% growth from 607 in 1990.

Of those housing units, 617 were located in either urbanized areas or urban clusters, and 36 were located in what is classified as a rural area.

Homeownership rate in Biltmore Forest is about 92%. Biltmore Forest's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Biltmore Forest were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom4%
Two Bedrooms5.70%
Three Bedrooms34.20%
Four Bedrooms35.80%
Five Bedrooms or more19.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1957
Median Value of occupied units$474,700
Median Price asked for vacant units$325,000

Rented Homes, Apartments and Condos

Average Household Size1.43
Median year structure was built1939
Median Monthly Rent asked for vacant units$825

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan14%
Simple Mortgage36%
Debt Free44%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs12.9%