Home prices
The median home in Royal Pines costs $260,300. Compared to its nearby areas it is roughly $97,000 (27%) lower.Compared to the entire country it is about $42,800 (19%) higher, and in comparison to the city of Asheville is about $10,100 (3%) lower.
Rents
The median rent in Royal Pines is $1,117 a month. In comparison to the surrounding areas it is roughly $123 (12%) higher.It is roughly $55 (5%) higher compared to the entire country, and is approximately $74 (7%) higher compared to the city of Asheville.
Nearby places
Fletcher
Fletcher is about 3 miles south of Royal Pines. Its housing prices are a little less expensive. Fletcher's median home value is $215,700, which comes out to $44,600 (20%) lower than Royal Pines. Its rents are fairly similar. In Fletcher the median monthly rent is $1,117, which is very similar to Royal Pines.
Avery Creek
Avery Creek is about 3 miles west from Royal Pines. The housing prices there are somewhat less expensive. Avery Creek's median home value is $242,300, which is $18,000 (7%) lower than Royal Pines. Its rents are somewhat more expensive. In Avery Creek the median monthly rent is $1,227, which is $110 (8%) higher than Royal Pines.
Hoopers Creek
Hoopers Creek is about 4 miles southeast of Royal Pines. Its housing prices are somewhat less expensive. The median home in Hoopers Creek is valued at $199,900, which works out to $60,400 (30%) lower than Royal Pines. Its rents are somewhat less expensive. The median monthly rent in Hoopers Creek is $968, which comes out to $149 (15%) lower than Royal Pines.
Biltmore Forest
Biltmore Forest is approximately 4 miles northwest of Royal Pines. Its housing prices are significantly more expensive. Biltmore Forest's median home cost is $910,400, which works out to $650,100 (71%) higher than Royal Pines. Rent there is fairly similar. In Biltmore Forest the median monthly rent is $1,083, which comes out to $34 (3%) lower than Royal Pines.
Gerton
Gerton is approximately 7 miles east from Royal Pines. The real estate prices there are somewhat less expensive. The median home in Gerton costs $218,200, which is $42,100 (19%) lower than Royal Pines. Its rents are significantly less expensive. In Gerton the median rent is $574 per month, which works out to $543 (94%) lower than Royal Pines.