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MARS HILL, NC 28754

Real Estate Market Report  ·  Madison County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The MARS HILL, NC real estate market (28754) currently shows 82 active listings, with 17 pending sales. Homes are averaging 109 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 109 days on market compared to 69 days last year.

The median listing price has fallen 20.2% year-over-year, from $576,100 to $459,500.

Whether you are buying or selling in MARS HILL, 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: 9,590  ·  Density: 42.4/mi²  ·  Median household income: $60,547

Typical home value: $252,460  ·  Homeownership: 75.1%

Market Overview

Active Listings
82
⇧ 22.4% vs 67 last year
Pending
17
21% pending ratio
Median Price
$459,500
⇩ 20.2% vs $576,100 last year
Average Price
$635,495
⇩ 9.8% vs $704,712 last year
Days on Market
109
⇧ 58% vs 69 days last year

Price Per Square Foot

Median $/sqft
$267
⇩ 4.3% vs $279/sqft last year
Median Home Size
1,912 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 82 this year vs 67 last year
  • Days on market: 109 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $459,500 (-20.2% YoY)
  • Average: $635,495 (-9.8% 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 24.3 miles — 765 listings ($577,091,913 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28754Mars Hill, NC 287540.0 mi75$49,194,750$488,250$655,930
37657Flag Pond, TN 3765710.0 mi3$1,762,500$587,500$587,500
28753Marshall, NC 2875310.4 mi51$41,665,674$458,750$816,974
28701Alexander, NC 2870113.8 mi22$11,517,462$469,500$523,521
28804Asheville, NC 2880416.0 mi168$192,851,400$794,500$1,147,925
28755Micaville, NC 2875516.8 mi1$400,000$400,000$400,000
28778Swannanoa, NC 2877819.0 mi34$18,026,460$493,000$530,190
28757Montreat, NC 2875719.9 mi3$2,792,451$849,000$930,817
28806Asheville, NC 2880621.8 mi215$123,097,175$485,000$572,545
28705Bakersville, NC 2870523.0 mi41$20,475,769$318,250$499,409
28711Black Mountain, NC 2871123.2 mi123$98,881,914$665,725$803,918
37641Chuckey, TN 3764123.8 mi26$15,295,358$413,725$588,283
37692Unicoi, TN 3769224.3 mi3$1,131,000$377,000$377,000

Frequently Asked Questions

How many homes are for sale in MARS HILL, NC 28754?

As of April 2026, there are 82 active listings in MARS HILL, NC (zip code 28754), compared to 67 the prior year.

What is the median home price in MARS HILL, NC 28754?

The median listing price in MARS HILL, NC 28754 is $459,500 as of April 2026, a 20.2% decrease from $576,100 the prior year.

How long do homes stay on the market in MARS HILL, NC?

Homes in MARS HILL, NC 28754 spend an average of 109 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in MARS HILL, NC 28754?

Based on current inventory and days-on-market data as of April 2026, MARS HILL, NC 28754 is currently a Buyer's Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 109 days on market compared to 69 days last year.

How much can I save on real estate commission in MARS HILL, NC?

With SELL123.com's maximum 3% commission, sellers in MARS HILL, NC 28754 save an estimated $9,190 compared to a typical 5% commission on the median listing price of $459,500. 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.