Mills River, North Carolina, is a charming town in Henderson County, nestled in the Blue Ridge Mountains, with a population of around 7,500. Known for its scenic beauty, the town is home to the meandering Mills River, ideal for fishing, kayaking, and tubing, and surrounded by lush forests and rolling farmland. Mills River is a hub for outdoor recreation, with proximity to Pisgah National Forest offering hiking, biking, and camping opportunities. The town also boasts a thriving agricultural scene, highlighted by local breweries like Sierra Nevada Brewing Co. and nearby apple orchards. With a strong sense of community, excellent schools, and easy access to Asheville, just 20 miles away, Mills River blends rural tranquility with modern amenities, making it a welcoming destination for residents and visitors alike.
Mills River currently has 50 single family homes for sale with an average list price of $1,043,842.54, 2 townhouses for sale with an average list price of $317,000, and 34 lots for sale with an average list price of $649,172.03.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Mills River, i.e. what's hot and what's not.
See What's Hot & What's Not in Mills RiverMills River home sales for the month of December decreased in volume by 20% when compared to last year, while the median sale price decreased by 50.3% from $982,500 to $488,000. House sales decreased by 22.2%, while the median sale price decreased by 43.2% from $965,000 to $548,000. Townhouse sales stayed the same, while the median sale price decreased by 73.5% from $1,000,000 to $265,000.
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161
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128
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105
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105
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$587,000
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$654,500
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$690,000
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$615,000
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.