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Foreclosure Homes in Mill Spring, NC

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Mill Spring, NC Foreclosures

How much do homes sell for in Mill Spring, NC?
The average home price is currently $471,359.
In Mill Spring, NC, how many homes are available?
There are currently 3 active home listings available in Mill Spring.
What’s the average rental cost in Mill Spring, NC?
The average rental price in Mill Spring is $1,245.
What is the most expensive home in Mill Spring?
The most expensive home sold in Mill Spring had a price of $10,234,300.
What is currently the cheapest priced home in Mill Spring, NC?
The cheapest home for sale in Mill Spring is priced at $7,330.

Living in Mill Spring, NC

Mill Spring, NC is a picturesque town nestled among the Blue Ridge Mountains, offering a tranquil lifestyle with plenty of outdoor activities. The community is vibrant and welcoming, with local amenities that cater to both residents and visitors. Families can enjoy quality education and recreational opportunities, making it a great place to live.

Current Market Conditions in Mill Spring, NC

The real estate market in Mill Spring has shown steady growth, with an increase in home values over the past year. Buyers are attracted to the town's natural beauty and peaceful living environment, leading to a competitive market as more individuals seek second homes or permanent residences in this picturesque area.

There has been a noticeable trend towards more buyers searching for larger homes with outdoor spaces, influenced by the pandemic's shift towards remote work. Interest in Mill Spring has increased, drawing attention from homebuyers who appreciate the quiet lifestyle and outdoor recreational opportunities.

Home Value Estimator For Mill Spring, NC

There are currently 1,601 real estate properties in Mill Spring, NC, with a median automated valuation model (AVM) price of $333,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mill Spring, 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 Mill Spring, NC, is $471,359.00, with the most expensive house in Mill Spring, NC, topping out at $10,234,300.00 and the cheapest home in Mill Spring, NC, clocking in at $7,330.00. In other words, there’s something for every potential homebuyer or savvy investor in Mill Spring, NC!

Rent Prices In Mill Spring, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mill Spring, NC, is on a rollercoaster ride. The average rent price in Mill Spring, NC, is $1,245.00. Indeed, when looking to rent in Mill Spring, NC, you can expect to pay as little as $550.00 or as much as $3,120.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Mill Spring, 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.

Mill Spring, NC Foreclosures


Market Trend for Mill Spring, NC

Total Listings Available: 3

Market Values:

Home Prices from $7,330 to $10,234,300

Average Sales Price: $471,359

Rental Values:

Rental from $550 to $3,120

Average Rent Value: $1,245 / month

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