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MILLS RIVER, NC 28759

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MILLS RIVER, NC real estate market (28759) currently shows 46 active listings, with 13 pending sales. Homes are averaging 136 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 136 days on market compared to 83 days last year.

The median listing price has fallen 1.4% year-over-year, from $699,800 to $689,750.

Whether you are buying or selling in MILLS RIVER, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,514  ·  Density: 118.5/mi²  ·  Median household income: $80,566

Typical home value: $342,773  ·  Homeownership: 85.5%

Market Overview

Active Listings
46
⇧ 12.2% vs 41 last year
Pending
13
28% pending ratio
Median Price
$689,750
⇩ 1.4% vs $699,800 last year
Average Price
$1,135,134
⇧ 25.3% vs $905,627 last year
Days on Market
136
⇧ 63.9% vs 83 days last year

Price Per Square Foot

Median $/sqft
$285
⇩ 8.1% vs $310/sqft last year
Median Home Size
2,295 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 41 last year
  • Days on market: 136 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $689,750 (-1.4% YoY)
  • Average: $1,135,134 (+25.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.9 miles — 1,032 listings ($790,970,753 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28759Mills River, NC 287590.0 mi51$55,724,385$724,450$1,092,635
28729Etowah, NC 287294.5 mi20$10,039,000$457,000$501,950
28704Arden, NC 287045.5 mi133$160,766,809$630,000$1,208,773
28739Hendersonville, NC 287398.1 mi190$136,820,140$559,000$720,106
28766Penrose, NC 287669.5 mi4$1,574,000$399,000$393,500
28715Candler, NC 2871511.4 mi117$75,390,939$499,000$644,367
28792Hendersonville, NC 2879212.2 mi194$103,683,882$445,000$534,453
28731Flat Rock, NC 2873113.3 mi77$57,640,198$587,450$748,574
28801Asheville, NC 2880114.7 mi102$106,552,668$861,950$1,044,634
28718Cedar Mountain, NC 2871815.2 mi9$7,167,996$385,000$796,444
28716Canton, NC 2871616.0 mi91$48,879,194$392,500$537,134
28708Balsam Grove, NC 2870817.4 mi2$744,000$365,000$372,000
28773Saluda, NC 2877317.9 mi42$25,987,542$625,000$618,751

Frequently Asked Questions

How many homes are for sale in MILLS RIVER, NC 28759?

As of February 2026, there are 46 active listings in MILLS RIVER, NC (zip code 28759), compared to 41 the prior year.

What is the median home price in MILLS RIVER, NC 28759?

The median listing price in MILLS RIVER, NC 28759 is $689,750 as of February 2026, a 1.4% decrease from $699,800 the prior year.

How long do homes stay on the market in MILLS RIVER, NC?

Homes in MILLS RIVER, NC 28759 spend an average of 136 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in MILLS RIVER, NC 28759?

Based on current inventory and days-on-market data as of February 2026, MILLS RIVER, NC 28759 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 136 days on market compared to 83 days last year.

How much can I save on real estate commission in MILLS RIVER, NC?

With SELL123.com's maximum 3% commission, sellers in MILLS RIVER, NC 28759 save an estimated $13,795 compared to a typical 5% commission on the median listing price of $689,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.