Home prices
Roan Mountain's median home cost is $129,000. In comparison to nearby areas this is about $79,800 (38%) lower.It is roughly $88,500 (40%) lower in comparison to the US as a whole, and compared to the city of Asheville is approximately $141,400 (52%) lower.
Rents
The median monthly rent in Roan Mountain is $756. Compared to its surrounding areas this is roughly $76 (9%) lower.Compared to the US as a whole it is about $306 (28%) lower, and is about $287 (27%) lower in comparison to the city of Asheville.
Nearby places
Elk Park
Elk Park is about 4 miles southeast of Roan Mountain. Real estate prices there are a little less expensive. Elk Park's median home cost is $98,500, which is $30,500 (30%) lower than Roan Mountain. The rent there is a bit less expensive. Elk Park's median monthly rent is $575, which is $181 (31%) lower than Roan Mountain.
Beech Mountain
Beech Mountain is about 9 miles east of Roan Mountain. Real estate prices there are a lot more expensive. The median home in Beech Mountain costs $257,800, which comes out to $128,800 (49%) higher than Roan Mountain. Rents there are significantly more expensive. The median monthly rent in Beech Mountain is $1,141, which comes out to $385 (33%) higher than Roan Mountain.
Newland
Newland is approximately 9 miles southeast from Roan Mountain. The real estate prices there are somewhat more expensive. The median home value in Newland is $143,800, which works out to $14,800 (10%) higher than Roan Mountain. The rent there is a bit less expensive. Newland's median rent is $667 per month, which is $89 (13%) lower than Roan Mountain.
Banner Elk
Banner Elk is approximately 10 miles east of Roan Mountain. Housing prices there are substantially more expensive. The median home in Banner Elk is valued at $311,600, which is $182,600 (58%) higher than Roan Mountain. Rent there is a bit more expensive. Banner Elk's median monthly rent is $813, which works out to $57 (7%) higher than Roan Mountain.
Sugar Mountain
Sugar Mountain is roughly 10 miles southeast of Roan Mountain. Its housing prices are substantially more expensive. The median home in Sugar Mountain is valued at $232,300, which is $103,300 (44%) higher than Roan Mountain. The rent there is a bit more expensive. Sugar Mountain's median monthly rent is $963, which works out to $207 (21%) higher than Roan Mountain.
