What is the median home value in Sugar Mountain, NC?

The median value of owner-occupied homes in Sugar Mountain, NC is $343,800 (±$48,409), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Sugar Mountain, the median home value went from $232,300 in 2015–2019 to $343,800 in 2020–2024 (+48.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$343,800 (±$48,409)
Owner-occupied homes
291 (±87)
Most common range
$300,000 to $499,999

Home values in Sugar Mountain

Owner-occupied homes by value, 2020–2024
ValueSugar MountainAvery CountyNorth CarolinaUnited States
Less than $50,0000.7% (±1.5 points)8.8%5.9%5.3%
$50,000 to $99,9990.7% (±1.7 points)6.4%6.8%6.1%
$100,000 to $149,9992.7% (±2.4 points)11.2%8.3%6.8%
$150,000 to $199,99915.5% (±8.4 points)8.5%10.6%9.0%
$200,000 to $299,99922.0% (±8.9 points)23.0%20.5%17.8%
$300,000 to $499,99927.1% (±9.6 points)25.3%28.3%26.9%
$500,000 to $999,99923.4% (±9.9 points)12.5%16.3%20.9%
$1,000,000 or more7.9% (±5.6 points)4.3%3.3%7.1%

The most common range is $300,000 to $499,999, 27.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Sugar Mountain against Avery County, its state and the nation

Estimate (90% margin of error)
Sugar MountainAvery CountyNorth CarolinaUnited States
Median home value$343,800 (±$48,409)$265,800 (±$21,887)$288,900 (±$1,086)$332,700
Owner-occupied homes291 (±87)5,637 (±280)2,853,493 (±14,473)84,210,142

In Sugar Mountain, the median home value is higher than in Avery County ($265,800).

It is also higher than in North Carolina ($288,900).

It is not measurably different from the national figure ($332,700).

In Avery County, Sugar Mountain ranks 3 of 6 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 145 of 647.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Sugar Mountain have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$232,300 (±$31,561)$343,800 (±$48,409)+48.0%No measurable change after inflation
Median owner cost with a mortgage$1,532 (±$146)$1,898 (±$97)+23.9%No measurable change after inflation
Median real estate taxes$1,811 (±$251)$2,064 (±$286)+14.0%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Sugar Mountain

Nearest places with a published estimate, compared with Sugar Mountain
PlaceDistanceMedian home valueCompared with this place
Sugar Mountain—$343,800 (±$48,409)—
Banner Elk2.3 mi$458,100 (±$21,259)Higher
Grandfather Village2.4 mi$1,312,500 (±$193,953)Higher
Seven Devils3.3 mi$426,900 (±$58,062)Higher
Newland4.4 mi$241,700 (±$54,036)Lower
Foscoe5.2 mi$325,800 (±$41,286)Not measurably different
Beech Mountain5.9 mi$443,500 (±$26,411)Higher
Elk Park6.8 mi$160,400 (±$18,750)Lower
Crossnore8.1 mi$314,300 (±$188,668)Not measurably different

Nearby places with a measurably lower figure: Newland, NC ($241,700), Elk Park, NC ($160,400).

Nearby places with a measurably higher figure: Banner Elk, NC ($458,100), Grandfather Village, NC ($1,312,500), Seven Devils, NC ($426,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Avery County, place by place

RankPlaceMedian home value
1Grandfather Village$1,312,500 (±$193,953)
2Banner Elk$458,100 (±$21,259)
3Sugar Mountain$343,800 (±$48,409)
4Crossnore$314,300 (±$188,668)
5Newland$241,700 (±$54,036)
6Elk Park$160,400 (±$18,750)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Sugar Mountain

What is the average home value in Sugar Mountain, NC?

The Census Bureau publishes the median: $343,800 (±$48,409) for owner-occupied homes in Sugar Mountain (2020–2024 American Community Survey).

Have home values in Sugar Mountain gone up?

In Sugar Mountain, the median home value went from $232,300 in 2015–2019 to $343,800 in 2020–2024 (+48.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Sugar Mountain sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Sugar Mountain village, North Carolina (place:65530, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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