Listing office: Bet-Mac Realty
Mills River Housing Market Report May 2025•Henderson County, North Carolina
Housing Prices in Mills River, NC
How much do homes in Mills River, NC cost?
Housing Market Conditions
Is Mills River, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mills River is a Buyer's Market
Difference Since May 2024
At the same time last year, Mills River was a Seller's Market.
Mills River is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Mills River have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Mills River was $615,000 in May 2025, up 0.8% from last year, and the median price per square foot was $277.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Mills River Township | $475K | $525.2K | +10.6% |
Arden | $455K | $484K | +6.4% |
Etowah | $390K | $409K | +4.9% |
Horse Shoe | $601.5K | $615K | +2.2% |
Mills River | $610K | $615K | +0.8% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $250K | - | N/A |
22 Bedrooms | $315K | $460K | +46.0% |
33 Bedrooms | $643K | $539K | -16.2% |
44 Bedrooms | $642.5K | $1.0M | +57.6% |
55+ Bedrooms | $1.1M | $1.2M | +8.2% |
Summary: Mills River housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +46.0%. The home price for 3 bedroom homes decreased by -16.2%. The home price for 4 bedroom homes increased by +57.6%. The home price for 5 bedroom homes increased by +8.2%.
How does Mills River, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Mills River, NC
Housing supply in Mills River, NC
How many homes are available in Mills River, NC?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
63Last MonthMay 2025 | ||
642 months agoApr 2025 | -1.6 % Change MoMApr – May |
Summary: The Mills River real estate market had 63 homes for sale in May 2025, a 1.6 % decrease compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthMay 2025 | ||
132 months agoApr 2025 | -38.5 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 4 | -20.0% |
33 Bedrooms | 46 | 47 | +2.2% |
44 Bedrooms | 11 | 11 | 0.0% |
55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Mills River housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.0%. The inventory for 3 bedroom homes increased by +2.2%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Mills River, NC cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price7 Homes
If you're buying a home in Mills River, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Mills River in May 2025, down by 38.5% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and and 13% were sold over asking.
Days on Market for Mills River, NC
How long does it take to sell a home in Mills River, NC?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in Mills River are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 8 homes were sold in Mills River; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
22 DaysThis YearMay 2025 | ||
32 Days1 year agoMay 2024 | -29.3 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Mills River had an average listing age of 22 days in May 2025, down by 29.3% compared to the previous year.
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Newest Listings in Mills River, NC
What homes are available in Mills River, NC?
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MLS Disclaimers and Copyright
Based on information from Canopy MLS, Greater Greenville MLS, and Western Upstate MLS for the period 06/01/2023 - 06/01/2025

All data is obtained from various sources and may not have been verified by 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. Properties displayed may be listed or sold by various participants in the MLS.

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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 10:36:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
This information is deemed reliable, but not guaranteed. Neither the Western Upstate Association of REALTORS®, Inc. or Western Upstate Multiple Listing Service of South Carolina, Inc., nor the listing broker, nor their agents or subagents are responsible for the accuracy of this information. The buyer is responsible for verifying all information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 10:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.