Much like nearby areas, it is a lot less expensive compared to the US as a whole. Compared to the city of Asheville, it's significantly less expensive.
Home prices
The median home in Bakersville is valued at $138,600. Compared to nearby areas it is roughly $4,200 (2%) lower.It is about $78,900 (36%) lower in comparison to the rest of the nation, and in comparison to the city of Asheville it is about $131,800 (48%) lower.
Rents
In Bakersville the median rent is $458 per month. It is roughly $167 (26%) lower compared to its nearby areas.Compared to the country as a whole it is about $604 (56%) lower, and is about $585 (56%) lower in comparison to the city of Asheville.
Nearby places
Spruce Pine
Spruce Pine is approximately 8 miles southeast from Bakersville. Its real estate prices are a bit more expensive. Spruce Pine's median home value is $153,800, which works out to $15,200 (9%) higher than Bakersville. Its rents are somewhat more expensive. Spruce Pine's median monthly rent is $584, which comes out to $126 (21%) higher than Bakersville.
Burnsville
Burnsville is about 9 miles southwest from Bakersville. Its housing prices are a bit more expensive. The median home in Burnsville costs $188,900, which is $50,300 (26%) higher than Bakersville. Its rents are somewhat more expensive. The median rent in Burnsville is $542 per month, which works out to $84 (15%) higher than Bakersville.
Newland
Newland is roughly 12 miles northeast of Bakersville. The real estate prices there are fairly similar. The median home cost in Newland is $143,800, which comes out to $5,200 (3%) higher than Bakersville. The rent there is a little more expensive. Newland's median monthly rent is $667, which is $209 (31%) higher than Bakersville.
Roan Mountain
Roan Mountain is approximately 12 miles north of Bakersville. Its housing prices are somewhat less expensive. The median home in Roan Mountain is valued at $129,000, which comes out to $9,600 (7%) lower than Bakersville. The rent there is a lot more expensive. Roan Mountain's median rent is $756 a month, which works out to $298 (39%) higher than Bakersville.
Elk Park
Elk Park is roughly 13 miles northeast from Bakersville. Its real estate prices are substantially less expensive. The median home in Elk Park costs $98,500, which is $40,100 (40%) lower than Bakersville. Its rents are a little more expensive. Elk Park's median rent is $575 per month, which works out to $117 (20%) higher than Bakersville.
