Mills River, NC Home Values & Market Trends
Real estate market trends reflect that there have been 158 transactions over the past year in Mills River. The median value for residential home transactions that occurred over the previous year is $681,316. The number of current listings in Mills River is 195, and the percentage of properties for sale in the city is 195.00%. Mills River, NC currently has 3 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 195 properties for sale.
Mills River, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 28759 | $ 681,316 $ 279/sqft |
Housing Market Summary for Mills River, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $825K | $700K | -15.15% |
| Median Sold Price | $524K | $570.5K | 8.87% |
| Homes For Sale | 118 | 195 | 65.25% |
| Homes Sold | 80 | 87 | 8.75% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Mills River, NC
Browse Homes in Mills River, NC
Mills River home values range from $124,420 to $5,250,000. The median estimated value of a home in Mills River is $681,316. The median list price of a home is 700,000, and the total count of properties in the city is 284.
- Pre-ForeclosurePre-foreclosure homes account for 0.35% of all residential properties in Mills River, NC with 28759 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Mills River, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $650,349 in 28759 to the lowest home value of $650,349 in 28759.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mills River, NC ranges from the highest value of $264,258 in 28759 to the lowest value of $264,258 in 28759. Bank owned homes and properties account for 0.35% of properties in Mills River, NC. There is 1 zips within Mills River, NC; 28759 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28759 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Mills River, NC. Auction homes and other auction properties account for 0.35% of all properties in Mills River, NC. There is 1 zips within Mills River, NC; of that zips, the median estimated home value for homes going to auction ranges from $509,653 in 28759 to the lowest value of $509,653 in 28759.
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Guide for Mills River, NC
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.