Montreat28757

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,370,000
N/A
Median Household Income
N/A
N/A
Days on Market
98
2.0% Longer than last year
Home Price Forecast
N/A
Median Rent
$1,400
3.4% YoY Growth
1-Bed Rent
$875
19.0% YoY Growth
2-Bed Rent
$1,400
N/A
3-Bed Rent
$2,250
2.3% YoY Growth

Property Listings — Montreat

As of Oct '25, Realtor.com reports that the median days on market for a home in Montreat is 98. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,370,00035.0%
Listing Count
4167.0%
Listings as % of HomesN/A167.0%
Days on Market
982.0%
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Demographics — Montreat

As of the latest ACS Survey released in 2023, Montreat has a population of 474, which has increased by 308.6% over the past 5 years. Montreat is a less popular place for families, as children make up 0.4% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
474308.6%
% Under 18
0.4%-94.2%
% Seniors
0.0%-100.0%
% WFH
10.0%170.3%
% w/ College Degree
24.7%-67.9%
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As of the latest ACS Survey released in 2023, Montreat is a predominantly white area, with 68.4% of the population identifying as white. The white population has shrunk by 28.5% in the last 5 years. The second most common race or ethnicity in Montreat is black, making up 16.7% of the population. Foreign-born residents account for 1.3% of the population in Montreat, and this percentage has decreased by 69.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.4%-28.5%
% Black
16.7%∞%
% Hispanic
15.0%∞%
% Asian
0.6%∞%
% Foreign Born
1.3%-69.8%
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Mortgage and Risk — Montreat

Montreat lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Montreat

Montreat lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$475$875$1,350
2 Bedroom$120$1,400$1,520
3 Bedroom-$300$2,250$1,950
4 BedroomN/AN/A$2,570

Affordability — Montreat

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household IncomeN/A

Montreat — ZIP Code Boundary Map

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Frequently Asked Questions