Homes for Sale Under 500K in Mars Hill, NC

154 Homes for Sale

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Mars Hill, NC Housing Market Overview

Mars Hill's housing market is evenly balanced between buyers and sellers. This creates fair negotiating conditions for both parties. With a 3.07-month supply of homes and properties spending 57 days on the market on average, both buyers and sellers have equal opportunity to achieve favorable outcomes.

Status

Balanced Market

Days on Market

57

Inventory

154

Aug 2021May 2024Jul 2026

Median Home Price

$467,000Up 6.14%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
154 Up 67.27%
Newly Listed Homes
10 Down 28.57%
Months of Supply
3.1 Up 5.94%

Housing Demand

Homes Sold
30 Up 57.89%
Sale-to-List Ratio
96.8% Up 0.09%
Homes Sold Above List
20% Up 80.02%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Mars Hill Market Report
  • mls-img
    Based on information submitted to the MLS GRID from Canopy MLS through Sep 6, 2026, 3:45 AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2025 Canopy MLS. All Rights Reserved.

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Mars Hill, NC Housing Marketlink qauare
Homes Available icon

154

Homes Available

Median List Price icon

$ 467,000

Median List Price

Avg on Market icon

57 Days

Avg on Market

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