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Biltmore Forest, NC

Full City Profile · North Carolina · Buncombe County County

3.8 /5.0
B+ Good
1,536 Population 528/sq mi density
$172,500 Median Income $117,447 per capita
$1,249,000 Home Value $454,142 Zillow
54°F Avg Temperature 301 sunny days/yr
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$172,500 median income, 0.6% unemployment
C+
Affordability
2.6 / 5.0
$1,249,000 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
85.3% bachelor's degree or higher

Housing Overview

Median Home Value
$1,249,000
343% above
US avg: $281,900
Homeownership Rate
97.4%
49% above US avg (65.4%)
Total Housing Units
785
Median year built: 1959

Home Value by Source

Census Median
$1,249,000
Zillow (ZHVI)
$454,142
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

97.4%
Owner-Occupied
2.6%
Renter-Occupied
97%
3%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo

Affordability & Housing Stock

Rent Burden
31.9%
of renters spending 30%+ of income on housing
3% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
97.4%

Complete Housing Data

Home Values

Census Median Value$1,249,000
Zillow Home Value (ZHVI)$454,142

Rent

FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Ownership & Stock

Owner-Occupied97.4%
Renter-Occupied2.6%
Homeownership Rate97.4%
Total Housing Units785
Median Year Built1959
Rent Burden31.9%