Housing Market Report for Glenn C Marlow Elementary, Mills River, NC

This housing market report uses absorption rates to track supply and demand for Glenn C Marlow Elementary, Mills River, NC. With 19.5 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: September 16, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Doug Ferguson
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Houses

Hottest Segment 🔥
$800k – $850k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$700k – $750k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$700k – $750k

2 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 14 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0
325k-350k 1 0.2 0 Seller's
375k-400k 1 0.2 0 Seller's
425k-450k 1 0.2 0 Seller's
450k-475k 1 0
500k-550k 1 0
600k-650k 3 0
650k-700k 1 0
700k-750k 2 1 0.1 12 Buyer's
750k-800k 2 1 0.1 12 Buyer's
800k-850k 1 1 0.2 6 Balanced
850k-900k 1 0.2 0 Seller's
950k-1m 1 0
1m-1.1m 1 1 0.2 6 Balanced
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 2 0
1.5m-1.6m 1 0.2 0 Seller's
1.8m-1.9m 1 0
2m-2.25m 1 0
2.25m-2.5m 1 0

Townhouses

Hottest Segment 🔥
$250k – $275k

Absorption rate of 0.

Most Active
$250k – $275k

1 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
250k-275k 1 0
850k-900k 1 0

Condos

Coolest Segment ❄️
$500k – $550k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
500k-550k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$225k – $250k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$225k – $250k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$225k – $250k

1 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 48 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 2 0
25k-50k 5 0
50k-75k 1 0
100k-125k 1 0
150k-175k 1 0
225k-250k 1 1 0.2 6 Balanced
275k-300k 1 0
300k-325k 1 0
325k-350k 1 0
400k-425k 1 0
475k-500k 1 0
850k-900k 1 0.2 0 Seller's

Neighboring Cities

View cities near Mills River