Housing in Mills River, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$505,000

Median List Price

$399,500

Price Per Sq Ft

$221

Days on Market

91

Active Inventory

40

Months of Supply

5.0

Balanced market

Zillow Home Value

$522,172

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 53.0%List Price 42.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

11.1%

Sale-to-List Ratio

96.4%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
11.1%
Listings with Price Drops
30.0%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

2

Pending Sales

9

Homes Sold 0.0%New Listings 86.7%Pending 0.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$221

Median List $/SF

$255

Sale $/SF 33.4%List $/SF 17.5%Mar 24Jan 26

Mills River vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Mills River is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$358,500

Median Rent

$1,611

Total Housing Units

3,122

Vacancy Rate

9.7%

Owner Occupied

86.0%

Renter Occupied

14.0%

Median Property Tax

$1,810

per year

Monthly Cost (w/ Mortgage)

$995

Housing Types

Single Family
80.0%
Multi-Family
1.6%
Mobile Home
18.4%

The current median sale price in Mills River, NC is $505,000 according to Redfin data. Homes spend a median of 91 days on the market. 25.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $221. The median rent is $1,611 per month (Census ACS). About 86.0% of housing units are owner-occupied. The median year homes were built is 1997. There are 3,122 total housing units.