Montreat, NC
Full City Profile · North Carolina · Buncombe County County
3.0
/5.0
B
Good
474
Population
174/sq mi density
56°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Education
3.0 / 5.0
24.7% bachelor's degree or higher
Housing Overview
Homeownership Rate
47.6%
27% below US avg (65.4%)
Total Housing Units
757
Median year built: 1955
Home Value by Source
Zillow (ZHVI)
$603,464
Redfin Median Sale
$1,063,000
Median Sale Price
$1,063,000
Median List Price
$795,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
47.6%
Owner-Occupied
52.4%
Renter-Occupied
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
Market Indicators (Redfin)
Median Sale Price
$1,063,000
Median Days on Market
127 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$365
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
31.5%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
47.6%
Complete Housing Data
Home Values
| Zillow Home Value (ZHVI) | $603,464 |
| Redfin Median Sale | $1,063,000 |
| Median Sale Price | $1,063,000 |
| Median List Price | $795,000 |
| Price Per Sq Ft | $365 |
Rent
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 127 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 1 |
| Price Per Sq Ft | $365 |
Ownership & Stock
| Owner-Occupied | 47.6% |
| Renter-Occupied | 52.4% |
| Homeownership Rate | 47.6% |
| Total Housing Units | 757 |
| Median Year Built | 1955 |
| Rent Burden | 31.5% |