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Real Estate Prices & Overview

Ballantree / Givens Estates median real estate price is $622,487, which is more expensive than 88.0% of the neighborhoods in North Carolina and 75.9% of the neighborhoods in the U.S.

The average rental price in Ballantree / Givens Estates is currently $3,008, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.7% of the neighborhoods in North Carolina.

Ballantree / Givens Estates is a rural neighborhood (based on population density) located in Asheville, North Carolina.

Ballantree / Givens Estates real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ballantree / Givens Estates neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Vacant apartments or homes are a major fact of life in Ballantree / Givens Estates. The current real estate vacancy rate here is 17.7%. This is higher than the rate of vacancies in 83.2% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

If you are planning to retire in North Carolina, this neighborhood should be on your must-see list. For many reasons, Ballantree / Givens Estates may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in North Carolina, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.7% of neighborhoods in NC. If a North Carolina retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Ballantree / Givens Estates neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 41.6% of this neighborhood's residents have English ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Ballantree / Givens Estates neighborhood in Asheville are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.3% of the neighborhoods in America. In addition, 1.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 78.4% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Ballantree / Givens Estates neighborhood, 52.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 19.8% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.4%), and 12.3% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Ballantree / Givens Estates neighborhood is English, spoken by 95.1% of households. Some people also speak Spanish (2.4%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Ballantree / Givens Estates neighborhood in Asheville, NC, residents most commonly identify their ethnicity or ancestry as English (41.6%). There are also a number of people of Irish ancestry (13.3%), and residents who report German roots (11.6%), and some of the residents are also of Polish ancestry (6.0%), along with some Italian ancestry residents (3.3%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Ballantree / Givens Estates neighborhood spend between 15 and 30 minutes commuting one-way to work (70.2% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (81.7%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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