Median price for residential in as of Jul, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
85 Black Mountain, NC 28711, USA apartments for sale
Black Mountain
According to statistics, the population in Black Mountain, NC amounts to 8,110, which shows decline -1% compared to the previous year. The median age of the city’s residents is 52. The average household income is $42,500, shifting growth 2% from the past year, and the average property value in Black Mountain, NC growth 1% to $208,900 throughout the year.
| Population | 8,110 |
| Median Age | 51.7 |
| Poverty Rate | 6% |
| Household Income | $42,500 |
| Number Of Employees | 3,362 |
| Median Property Value | $208,900 |
Household Income
The average household income in Black Mountain, NC grew from $41,807 to $42,500 in the past year. This data is an estimate based upon 3,724 households in Black Mountain, NC . The chart below presents how household income is distributed in Black Mountain, NC in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Black Mountain, NC shifted from $205,900 to $208,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Black Mountain, NC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Black Mountain, NC properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Black Mountain, NC compared to median property taxes around the country. The prevalent amount of property taxes in Black Mountain, NC equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Black Mountain, NC 28711, USA
Average sale in Black Mountain: $498,097 (-8.8%)
| Apartment Size | Jul | vs Last Month |
|---|---|---|
| Studio for sale | $81,600 | N/A |
| 1 bed for sale | $995,000 | N/A |
| 2 bed for sale | $444,340 | +8.5% |
| 3 bed for sale | $577,700 | -13.6% |
| 4+ bed for sale | $410,225 | -21.9% |
During Jul 2022, the average price for an apartment in/near Black Mountain, NC decreased by 8.8% to $498,097.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $995,000 with no changes this month. Asking price for 2-bed apartment also increased by 8.5% and a place of this size will now cost you $444,340. A 3-bed apartment goes for $577,700, it decreased by 13.6% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 21.9% and made it down to $410,225.
| Listing Type | Jul | vs Last Month |
|---|---|---|
| Townhouses for sale | $484,500 | +54.6% |
| Apartments for sale | $150,000 | N/A |
| Houses for sale | $578,580 | -12.7% |
| Condos for sale | $312,700 | -0.5% |
| Land for sale | $198,528 | -4.8% |
While assessing the property pricing Black Mountain, NC, you can note that it remains flat with a price tag of $150,000. Price reports demonstrate that house price decreased by 12.7% this month making it up to $578,580. Condos faced an upward trend these days. The median price for a condo decreased by 0.5%, it’s now available for $312,700. The property value of townhouses increased by 54.6%, you’ll have to spend around $484,500 to get one.