Mills River, NC

Buyer's market-41.9% YoY

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

Price drops:17.5%of listings
Sale-to-list:96.3%

Explore nearby cities in NC

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.

Get Mills River market alerts

Weekly updates on prices, inventory, and trends. Free forever.