Mitchell County, NC Home Values & Market Trends
The median home price in Mitchell County, NC is $350,000. There were 300 home sales in Mitchell County, NC over the past 12 months. The median residential Mitchell County, NC home value for transactions over the previous year is $212,250. The number of current listings in Mitchell County, NC is 281, and the percentage of properties for sale is 281.00%. The county has 10 foreclosures, 4 bank owned properties, 1 headed for auction, and 281 properties for sale.
Mitchell County, NC Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Spruce Pine | $ 363,865 $ 228/sqft | Penland | $ -- $ -- |
| Bakersville | $ 329,000 $ 231/sqft |
Housing Market Summary for Mitchell County, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $374K | $375K | 0.27% |
| Median Sold Price | $202.7K | $239K | 17.89% |
| Homes For Sale | 196 | 278 | 41.84% |
| Homes Sold | 180 | 152 | -15.56% |
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 Mitchell County, NC
Browse Homes in Mitchell County, NC
Mitchell County, NC home values range from $30,349 to $1,700,000. Spruce Pine is the priciest city with a median listing home price of $369,999.5, and Bakersville is most affordable with average house prices of around $344,250.
- Pre-ForeclosurePre-foreclosure homes account for 1.08% of all residential properties in Mitchell County, NC with Spruce Pine containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Mitchell County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $322,066 in Spruce Pine to the lowest home value of $199,999 in Bakersville.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Mitchell County, NC ranges from the highest value of $423,120 in Spruce Pine to the lowest value of $85,881 in Bakersville. Bank owned homes and properties account for 0.86% of properties in Mitchell County, NC. There are 3 cities within Mitchell County, NC; Spruce Pine containing 3 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsSpruce Pine has 1 auction properties, the highest number of properties going to auction in a single city in the state of Mitchell County, NC. Auction homes and other auction properties account for 0.22% of all properties in Mitchell County, NC. There are 3 cities within Mitchell County, NC; of those cities, the median estimated home value for homes going to auction ranges from $0 in Penland to the lowest value of $0 in Penland.
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More Real Estate Resources for Mitchell County, NC
Guide for Mitchell County, 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.