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Foreclosures in Black Mountain, NC

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Black Mountain, NC Foreclosures

How much do homes sell for in Black Mountain, NC?
The average home price is currently $505,525.
In Black Mountain, NC, how many homes are available?
There are currently 4 active home listings available in Black Mountain.
What’s the average rental cost in Black Mountain, NC?
The average rental price in Black Mountain is $1,686.
What is the most expensive home in Black Mountain?
The most expensive home sold in Black Mountain had a price of $8,728,435.
What is currently the cheapest priced home in Black Mountain, NC?
The cheapest home for sale in Black Mountain is priced at $8,430.

Living in Black Mountain, NC

Black Mountain, NC is a quaint town located in the beautiful Blue Ridge Mountains, offering stunning natural scenery and a tight-knit community feel. It features a bustling arts scene and a historic downtown area with local shops and eateries. Residents enjoy a variety of outdoor activities, making Black Mountain an ideal place for nature lovers and those seeking a peaceful retreat.

Current Market Conditions in Black Mountain, NC

The real estate market in Black Mountain has been steadily growing, attracting both local buyers and individuals looking for vacation homes. Demand for properties in this picturesque area has led to a competitive market, with many homes seeing multiple offers and quick sales.

Current trends indicate that home prices have been increasing, largely driven by the area's popularity and limited inventory of available homes.

Investors are also showing interest in rental properties due to the town's appeal to tourists and outdoor enthusiasts.

Home Value Estimator For Black Mountain, NC

There are currently 6,875 real estate properties in Black Mountain, NC, with a median automated valuation model (AVM) price of $432,209.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Black Mountain, 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 Black Mountain, NC, is $505,525.00, with the most expensive house in Black Mountain, NC, topping out at $8,728,435.00 and the cheapest home in Black Mountain, NC, clocking in at $8,430.00. In other words, there’s something for every potential homebuyer or savvy investor in Black Mountain, NC!

Rent Prices In Black Mountain, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Black Mountain, NC, is on a rollercoaster ride. The average rent price in Black Mountain, NC, is $1,686.00. Indeed, when looking to rent in Black Mountain, NC, you can expect to pay as little as $440.00 or as much as $3,580.00, with the average rent median estimated to be $1,660.00. The good news is that finding an affordable and desirable property to rent in Black Mountain, 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.

Black Mountain, NC


Market Trend for Black Mountain, NC

Total Listings Available: 4

Market Values:

Home Prices from $8,430 to $8,728,435

Average Sales Price: $505,525

Rental Values:

Rental from $440 to $3,580

Average Rent Value: $1,686 / month

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