Mills River, NC
Housing market overview · Updated weekly
$485,000median sale price
Homes sold
5
Last 12 weeks
Days on market
162
Average pace
Active listings
40
8.0 months supply
Sale-to-list
96.3%
Below asking
The Mills River housing market is currently classified as a buyer's market with a median sale price of $485,000. Prices have fallen 41.9% compared to last year, with homes spending an average of 162 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Mills River
There are currently 40 homes listed for sale in Mills River, North Carolina. The median listing price is $682K.
Active listings
40
Homes on market
Median list price
$682K
Avg. days on market
162
Days until sale
New this week
8
Newly listed
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Frequently asked questions
What is the average home price in Mills River?
The median home sale price in Mills River is $485,000, down 41.9% from last year.
How long do homes stay on market in Mills River?
Homes typically spend 162 days on market before going under contract.
Is Mills River a buyer's or seller's market?
With 8.0 months of supply, Mills River is currently a buyer's market.
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