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Featured local agent — Mars Hill, NC
Sarah Mitchell
Compass Real Estate · Mars Hill, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mars Hill, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,000median sale price
How is the Mars Hill, NC housing market right now?
The median home sale price in Mars Hill, NC is $365,000, down 48.1% year-over-year. Homes sell in an average of 186 days with 26 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mars Hill a buyer's or seller's market?
Mars Hill, NC is currently a balanced market, based on 3.7 months of supply and homes selling in about 186 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
186
Average pace
Active listings
26
3.7 months supply
Sale-to-list
96.6%
Below asking
What does the Mars Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,000 |
| Median list price | $492,000 |
| Year-over-year price change | -48.1% |
| Average days on market | 186 days |
| Active inventory | 26 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 96.6% |
| Median price per sq ft | $202/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 6 |
| Listings with a price cut | 26.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mars Hill by property type?
How the Mars Hill, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $365,000 | $202/sq ft | 7 | 186 days |
| Condo / Co-op | $289,000 | $425/sq ft | 2 | 21 days |
| Townhouse | $577,500 | $197/sq ft | 1 | 248 days |
Source: Redfin · Updated monthly
The Mars Hill housing market is currently classified as a balanced market with a median sale price of $365,000. Prices have fallen 48.1% compared to last year, with homes spending an average of 186 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Mars Hill
There are currently 26 homes listed for sale in Mars Hill, North Carolina. The median listing price is $492K.
Active listings
26
Homes on market
Median list price
$492K
Avg. days on market
186
Days until sale
New this week
6
Newly listed
Who lives in Mars Hill?
Population
2,738
Median income
$77,826/yr
Median age
30.3 years
Owner-occupied
61.9%
College grads
50.1%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Mars Hill?
Zillow home value
$419,721
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Mars Hill?
Mars Hill is a community of approximately 3K residents with a median age of 30.3 years.The median household income is $77,826, which reflects a relatively affluent area with strong earning potential. 50.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 61.9%, showing a blend of owner and renter-occupied properties. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mars Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mars Hill?
1 schools tracked · 477 students
The largest public schools serving Mars Hill, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mars Hill Elementary
Grades K-5 · 477 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mars Hill, NC?
Want a head-to-head view? Compare Mars Hill side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Mars Hill?
The median home sale price in Mars Hill is $365,000, down 48.1% from last year.
How long do homes stay on market in Mars Hill?
Homes typically spend 186 days on market before going under contract.
What is the median income in Mars Hill?
The median household income is $77,826 per year.
Is Mars Hill a buyer's or seller's market?
With 3.7 months of supply, Mars Hill is currently a balanced market.
What is the Zillow home value estimate for Mars Hill?
The Zillow Home Value Index (ZHVI) for Mars Hill is $419,721, representing the typical home value in the area.
What is the median condo price in Mars Hill?
The median condo/co-op sale price in Mars Hill, NC is $289,000, compared to $365,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Mars Hill?
The median single-family home price in Mars Hill, NC is $365,000 (about $202 per square foot).
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