Median price for residential apartments in as of Jun, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
132 Black Mountain, NC 28711, USA apartments for sale
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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.
- USA
- Black Mountain, NC
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.
- USA
- Black Mountain, NC
Rent vs. Own
- Rent62%
- Own38%
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.
- USA
- Black Mountain, NC
Housing Trends
Black Mountain, NC 28711, USA Housing Trends
Average sale in Black Mountain: $284,571 (-32.8%)
| Apartment Size | Jun | vs Last Month |
|---|---|---|
| 2 bed apartments | $440,333 | N/A |
| 3 bed apartments | $469,500 | -17.4% |
| 4+ bed apartments | $210,600 | +91.5% |
During Jul 2021, the average price for an apartment in/near Black Mountain, NC decreased by 32.8% to $284,571.
Asking price for 2-bed apartment remains the same, a place of this size will still cost you $440,333. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $469,500. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $210,600 for a big-family home.
| Listing Type | Jun | vs Last Month |
|---|---|---|
| Apartments for sale | $104,000 | -5.5% |
| Houses for sale | $525,333 | +2.3% |
While assessing the property pricing Black Mountain, NC, you can note that it remains flat with a price tag of $104,000. According to statistics, average house is still $525,333 with no significant changes this month.
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