Home prices
The median home value in Mountain Home is $165,000. In comparison to its surrounding areas it is about $62,500 (27%) lower.It is about $52,500 (24%) lower in comparison to the country as a whole, and it is about $105,400 (38%) lower in comparison to the city of Asheville.
Rents
Mountain Home's median rent is $781 a month. Compared to the surrounding areas it is approximately $46 (5%) lower.Compared to the rest of the country it is approximately $281 (26%) lower, and in comparison to the city of Asheville it is approximately $262 (25%) lower.
Nearby places
Balfour
Balfour is Mountain Home's neighbor to the southeast. Its housing prices are similar. Balfour's median home value is $162,800, which comes out to $2,200 (1%) lower than Mountain Home. Rent there is a bit less expensive. The median rent in Balfour is $627 per month, which works out to $154 (24%) lower than Mountain Home.
Horse Shoe
Horse Shoe is approximately 3 miles southwest of Mountain Home. The real estate prices there are substantially more expensive. The median home in Horse Shoe is valued at $258,000, which works out to $93,000 (36%) higher than Mountain Home. Rent there is somewhat more expensive. The median monthly rent in Horse Shoe is $860, which works out to $79 (9%) higher than Mountain Home.
Hendersonville
Hendersonville is roughly 4 miles southeast from Mountain Home. The real estate prices there are a little more expensive. The median home in Hendersonville costs $188,100, which is $23,100 (12%) higher than Mountain Home. Rents there are somewhat more expensive. The median rent in Hendersonville is $864 a month, which comes out to $83 (9%) higher than Mountain Home.
Mills River
Mills River is about 4 miles west from Mountain Home. Housing prices there are substantially more expensive. The median home in Mills River is valued at $257,800, which works out to $92,800 (35%) higher than Mountain Home. Rent there is a bit more expensive. Mills River's median rent is $956 a month, which works out to $175 (18%) higher than Mountain Home.
Laurel Park
Laurel Park is approximately 4 miles south of Mountain Home. Housing prices there are significantly more expensive. The median home in Laurel Park is valued at $270,800, which works out to $105,800 (39%) higher than Mountain Home. The rent there is a little more expensive. The median monthly rent in Laurel Park is $826, which comes out to $45 (5%) higher than Mountain Home.