Foreclosure Homes in Biltmore Forest, NC

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Home Value Estimator For Biltmore Forest, NC

There are currently 476 real estate properties in Biltmore Forest, NC, with a median automated valuation model (AVM) price of $958,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Biltmore Forest, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Biltmore Forest, NC, is $1,153,334.00, with the most expensive house in Biltmore Forest, NC, topping out at $11,129,400.00 and the cheapest home in Biltmore Forest, NC, clocking in at $161,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Biltmore Forest, NC!

Rent Prices In Biltmore Forest, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Biltmore Forest, NC, is on a rollercoaster ride. The average rent price in Biltmore Forest, NC, is $2,822.00. Indeed, when looking to rent in Biltmore Forest, NC, you can expect to pay as little as $970.00 or as much as $4,120.00, with the average rent median estimated to be $2,780.00. The good news is that finding an affordable and desirable property to rent in Biltmore Forest, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Biltmore Forest, NC

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Biltmore Forest, NC area at Get information on foreclosure homes for rent, how to buy foreclosures in Biltmore Forest, NC and much more. Save thousands at closing with home foreclosure listings in Biltmore Forest, NC — up to 75% off market value!

Top Reasons To Live In Biltmore Forest, NC In 2022

Biltmore Forest is located in Buncombe, North Carolina, with an estimated municipal population of 1,416 residents. All of the best foreclosed homes for sale in Biltmore Forest are located in the following zip code areas on 28803. The estimated population per square kilometer (.62 miles) in Biltmore Forest is 187.

Cost Of Living In Biltmore Forest, NC

So, about how much do homes cost in Biltmore Forest? The most recent median value of resident-owned homes in Biltmore Forest is 907,809. An estimated 91.4 percent of households in Biltmore Forest own their homes, with an average family size of 2.76. The median household income in Biltmore Forest is 180,781, with67.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Biltmore Forest, the median commute time of resident workers (in minutes) is 19.1. And last, but certainly not least, are you looking for homes to rent in Biltmore Forest? If so, the average rent price paid by renters in Biltmore Forest is 1,083, according to recent statistics.

Diversity And Demographics In Biltmore Forest, North Carolina

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Biltmore Forest, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Biltmore Forest is 55.3, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Biltmore Forest is 74.1, with an average family size of 2.76.

The percentage of residents who report their race in Biltmore Forest is as follows:

White 95.5%
Black / African American 0%
Asian 1.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 0%

Looking for family-friendly neighborhoods in and/or near Biltmore Forest? Or maybe you are searching for 55+ active adult communities in and/or near Biltmore Forest?

The percentage of residents who report their age in Biltmore Forest is as follows:

Under 10 10.4%
Aged 10-19 12%
20s 2.5%
30s 6.7%
40s 11.6%
50s 14%
60s 16.7%
70s 15.1%
80+ 11.2%

Best Schools In Biltmore Forest, North Carolina

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Biltmore Forest with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Biltmore Forest.

Pros And Cons Of Living In Biltmore Forest, North Carolina

How do you know that living in -- or moving to -- Biltmore Forest is right where you need to be? Perhaps you grew up in Biltmore Forest or already live nearby; therefore, the decision to buy a home in Biltmore Forest is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Biltmore Forest for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Biltmore Forest:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Biltmore Forest.

Reasons To Move To Biltmore Forest, North Carolina, In 2022

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Biltmore Forest can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Biltmore Forest, meanwhile, can field multiple offers from more qualified buyers.

Biltmore Forest, NC Foreclosures


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