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Foreclosure Homes in Mars Hill, NC

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Mars Hill, NC Foreclosures

How much do homes sell for in Mars Hill, NC?
The average home price is currently $482,008.
In Mars Hill, NC, how many homes are available?
There are currently 13 active home listings available in Mars Hill.
What’s the average rental cost in Mars Hill, NC?
The average rental price in Mars Hill is $1,464.
What is the most expensive home in Mars Hill?
The most expensive home sold in Mars Hill had a price of $8,103,039.
What is currently the cheapest priced home in Mars Hill, NC?
The cheapest home for sale in Mars Hill is priced at $11,266.

Living in Mars Hill, NC

Mars Hill, NC is a picturesque college town nestled in the mountains, offering a blend of education, culture, and outdoor activities. Known for its friendly community, it boasts a variety of local amenities and beautiful natural surroundings. Residents can enjoy a comfortable lifestyle with access to universities and recreational opportunities.

Current Market Conditions in Mars Hill, NC

The real estate market in Mars Hill has remained fairly stable over the past year, with a slight increase in home prices as demand continues to grow. New developments and renovations in the area are attracting families and investors alike, aiming to capitalize on the charm of small-town living combined with proximity to mountain recreation.

Homeownership is becoming increasingly popular, with more buyers seeking permanent residences rather than short-term rentals. The market is characterized by a shortage of inventory, which has contributed to modest appreciation in property values.

Home Value Estimator For Mars Hill, NC

There are currently 4,684 real estate properties in Mars Hill, NC, with a median automated valuation model (AVM) price of $412,767.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mars Hill, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mars Hill, NC, is $482,008.00, with the most expensive house in Mars Hill, NC, topping out at $8,103,039.00 and the cheapest home in Mars Hill, NC, clocking in at $11,266.00. In other words, there’s something for every potential homebuyer or savvy investor in Mars Hill, NC!

Rent Prices In Mars Hill, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mars Hill, NC, is on a rollercoaster ride. The average rent price in Mars Hill, NC, is $1,464.00. Indeed, when looking to rent in Mars Hill, NC, you can expect to pay as little as $580.00 or as much as $3,080.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Mars Hill, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mars Hill, NC Foreclosures


Market Trend for Mars Hill, NC

Total Listings Available: 13

Market Values:

Home Prices from $11,266 to $8,103,039

Average Sales Price: $482,008

Rental Values:

Rental from $580 to $3,080

Average Rent Value: $1,464 / month

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