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Biltmore Forest

Learn about the people, housing, costs and businesses in Biltmore Forest, North Carolina

Median Home$1,331,632
Median Rent$1,662/month
Population1,455
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality40% public administration
Home Value Growth⬆⬆⬆+43.3% over 2 years
Retirees26% of residentsabove average nationally
Homeowners95% of occupied units
NotableAmenity Score84/100 · highly walkable area
NotableHigh Incomes$170k/year · top 2% nationally
Biltmore Forest
NC

Explore Biltmore Forest

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Biltmore Forest?

As of today, the 30-year fixed mortgage rate for Biltmore Forest is approximately 6.913% (6.950% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Biltmore Forest?

The median home value in Biltmore Forest is $1.3M. The median monthly rent is $1,662. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Biltmore Forest?

Home values in Biltmore Forest have increased 43.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Biltmore Forest?

Based on a typical all-in ownership cost of $2,551/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $109k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Biltmore Forest is $170k/year.

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What industries drive the economy in Biltmore Forest?

The largest employment sectors in Biltmore Forest are public administration (40%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.