Home prices
The median home in Swannanoa is valued at $136,700. It is about $231,300 (62%) lower in comparison to nearby areas.It is about $80,800 (37%) lower compared to the rest of the country, and it is approximately $133,700 (49%) lower in comparison to the city of Asheville.
Rents
The median monthly rent in Swannanoa is $820. It is about $112 (12%) lower in comparison to the surrounding areas.Compared to the rest of the country it is approximately $242 (22%) lower, and is approximately $223 (21%) lower in comparison to the city of Asheville.
Nearby places
Black Mountain
Black Mountain is Swannanoa's neighbor to the east. Its real estate prices are a lot more expensive. The median home in Black Mountain costs $226,700, which is $90,000 (39%) higher than Swannanoa. Rent there is fairly similar. In Black Mountain the median rent is $791 per month, which works out to $29 (3%) lower than Swannanoa.
Biltmore Forest
Biltmore Forest is approximately 8 miles southwest from Swannanoa. The real estate prices there are significantly more expensive. Biltmore Forest's median home price is $910,400, which comes out to $773,700 (84%) higher than Swannanoa. Rents there are a bit more expensive. In Biltmore Forest the median monthly rent is $1,083, which is $263 (24%) higher than Swannanoa.
Gerton
Gerton is approximately 9 miles south from Swannanoa. Housing prices there are a lot more expensive. The median home price in Gerton is $218,200, which comes out to $81,500 (37%) higher than Swannanoa. The rent there is substantially less expensive. The median rent in Gerton is $574 per month, which works out to $246 (42%) lower than Swannanoa.
Woodfin
Woodfin is about 10 miles west of Swannanoa. The real estate prices there are significantly more expensive. The median home price in Woodfin is $224,400, which works out to $87,700 (39%) higher than Swannanoa. Its rents are somewhat more expensive. The median monthly rent in Woodfin is $1,096, which comes out to $276 (25%) higher than Swannanoa.
Royal Pines
Royal Pines is about 10 miles southwest from Swannanoa. Its housing prices are a lot more expensive. The median home in Royal Pines costs $260,300, which comes out to $123,600 (47%) higher than Swannanoa. Its rents are a little more expensive. In Royal Pines the median monthly rent is $1,117, which is $297 (26%) higher than Swannanoa.
