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Montreat, NC

Full City Profile · North Carolina · Buncombe County County

2.0 /5.0
C Fair
474 Population 174/sq mi density
56°F Avg Temperature 301 sunny days/yr
37 Violent Crime/100K 1,696 property/100K
C
Overall
2.0 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
37 violent crimes/100K
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)
$598,547
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
48%
52%
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 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)$598,547
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 Market127
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory1
Price Per Sq Ft$365

Ownership & Stock

Owner-Occupied47.6%
Renter-Occupied52.4%
Homeownership Rate47.6%
Total Housing Units757
Median Year Built1955
Rent Burden31.5%