Home prices
The cost of the median home in Biltmore Forest is $910,400. In comparison to its surrounding areas it is roughly $672,680 (282%) higher.Compared to the United States as a whole it is approximately $692,900 (318%) higher, and is roughly $774,100 (567%) higher compared to the city of Knoxville.
Rents
Biltmore Forest's median monthly rent is $1,083. It is about $11 (1%) lower compared to its nearby areas.Compared to the country as a whole it is about $21 (1%) higher, and it is approximately $238 (28%) higher in comparison to the city of Knoxville.
Nearby places
Asheville
Asheville is Biltmore Forest's neighbor to the north. Its housing prices are a lot less expensive. The median home in Asheville costs $270,400, which works out to $640,000 (236%) lower than Biltmore Forest. Rent there is pretty similar. The median rent in Asheville is $1,043 a month, which is $40 (3%) lower than Biltmore Forest.
Royal Pines
Royal Pines is about 4 miles southeast from Biltmore Forest. The real estate prices there are substantially less expensive. The value of the median home in Royal Pines is $260,300, which comes out to $650,100 (249%) lower than Biltmore Forest. Rent there is similar. In Royal Pines the median rent is $1,117 a month, which works out to $34 (3%) higher than Biltmore Forest.
Avery Creek
Avery Creek is approximately 5 miles south from Biltmore Forest. Housing prices there are a lot less expensive. The median home value in Avery Creek is $242,300, which is $668,100 (275%) lower than Biltmore Forest. The rent there is a little more expensive. Avery Creek's median monthly rent is $1,227, which works out to $144 (11%) higher than Biltmore Forest.
Fletcher
Fletcher is approximately 7 miles south from Biltmore Forest. Its real estate prices are a lot less expensive. The cost of the median home in Fletcher is $215,700, which works out to $694,700 (322%) lower than Biltmore Forest. Rents there are fairly similar. In Fletcher the median monthly rent is $1,117, which is $34 (3%) higher than Biltmore Forest.
Hoopers Creek
Hoopers Creek is approximately 8 miles southeast from Biltmore Forest. The real estate prices there are substantially less expensive. The median home in Hoopers Creek costs $199,900, which works out to $710,500 (355%) lower than Biltmore Forest. Rents there are a little less expensive. Hoopers Creek's median rent is $968 per month, which is $115 (11%) lower than Biltmore Forest.