Listing Office: Colken Realty
Mills River Housing Market Report March 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 March 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 19.6% more than they did a year ago.
Summary: The median home sold price in Mills River was $707,950 in March 2025, up 19.6% from last year, and the median price per square foot was $284.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Mills River | $592K | $707.9K | +19.6% |
Mills River Township | $459.5K | $530K | +15.3% |
Arden | $457.4K | $469.5K | +2.6% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $250K | - | N/A |
22 Bedrooms | $307.5K | $412.5K | +34.1% |
33 Bedrooms | $560K | $612.5K | +9.4% |
44 Bedrooms | $852.5K | $977.5K | +14.7% |
55+ Bedrooms | $1.1M | $1.1M | +0.9% |
Summary: Mills River housing price by bedroom type for March 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 +34.1%. The home price for 3 bedroom homes increased by +9.4%. The home price for 4 bedroom homes increased by +14.7%. The home price for 5 bedroom homes increased by +0.9%.
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 |
---|---|---|
52Last MonthMar 2025 | ||
482 months agoFeb 2025 | +8.3 % Change MoMFeb – Mar |
Summary: The Mills River real estate market had 52 homes for sale in Mar 2025, a 8.3 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
7Last MonthMar 2025 | ||
72 months agoFeb 2025 | 0.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 3 | 4 | +33.3% |
33 Bedrooms | 31 | 36 | +16.1% |
44 Bedrooms | 11 | 9 | -18.2% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Mills River housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +16.1%. The inventory for 4 bedroom homes decreased by -18.2%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Mills River, NC cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price5 Homes
If you're buying a home in Mills River, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Mills River in March 2025, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and and 0% 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 Days4 Homes
30 – 90 Days0 Home
Over 90 Days2 Homes
Many homes in Mills River are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 7 homes were sold in Mills River; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
76 DaysThis YearMar 2025 | ||
52 Days1 year agoMar 2024 | +45.2 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Mills River had an average listing age of 76 days in Mar 2025, up by 45.2% 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 04/01/2023 - 04/01/2025

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: 4/6/2025, 6:21:49 PM 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: 4/6/2025, 6:20:50 PM 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: 4/6/2025, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.