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 Type | 0.60% |
| One Bedroom | 4% |
| Two Bedrooms | 5.70% |
| Three Bedrooms | 34.20% |
| Four Bedrooms | 35.80% |
| Five Bedrooms or more | 19.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $474,700 |
| Median Price asked for vacant units | $325,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.43 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $825 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 14% |
| Simple Mortgage | 36% |
| Debt Free | 44% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
