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MARS HILL, NC 28754

Real Estate Market Report  ·  Madison County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
77
⇧ 51% vs 51 last year
Pending
9
12% pending ratio
Median Price
$475,000
⇩ 2.3% vs $486,250 last year
Average Price
$668,973
⇧ 13.3% vs $590,576 last year
Days on Market
120
⇩ 7.7% vs 130 days last year

Market Context

Population: 9,590  ·  Density: 42.4/mi²  ·  Median household income: $60,547

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

Market Analysis

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

The MARS HILL, NC real estate market (28754) currently shows 77 active listings, with 9 pending sales. Homes are averaging 120 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 120 days on market compared to 130 days last year.

The median listing price has fallen 2.3% year-over-year, from $486,250 to $475,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 77 this year vs 51 last year
  • Days on market: 120 now vs 130 last year

Median & Average Pricing

Year over Year
  • Median: $475,000 (-2.3% YoY)
  • Average: $668,973 (+13.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.3 miles — 807 listings ($598,814,740 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28754Mars Hill, NC 287540.0 mi77$51,510,921$475,000$668,973
37657Flag Pond, TN 3765710.0 mi3$1,762,500$587,500$587,500
28753Marshall, NC 2875310.4 mi56$43,119,328$452,000$769,988
28701Alexander, NC 2870113.8 mi22$10,956,748$465,000$498,034
28804Asheville, NC 2880416.0 mi172$193,661,852$787,000$1,125,941
28755Micaville, NC 2875516.8 mi1$400,000$400,000$400,000
28778Swannanoa, NC 2877819.0 mi42$21,000,378$472,500$500,009
28757Montreat, NC 2875719.9 mi3$3,876,000$1,292,000$1,292,000
28806Asheville, NC 2880621.8 mi230$129,346,020$482,450$562,374
28705Bakersville, NC 2870523.0 mi46$22,110,912$332,500$480,672
28711Black Mountain, NC 2871123.2 mi122$101,464,838$699,000$831,679
37641Chuckey, TN 3764123.8 mi29$17,973,243$509,900$619,767
37692Unicoi, TN 3769224.3 mi4$1,632,000$398,000$408,000

Frequently Asked Questions

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

As of January 2026, there are 77 active listings in MARS HILL, NC (zip code 28754), compared to 51 the prior year.

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

The median listing price in MARS HILL, NC 28754 is $475,000 as of January 2026, a 2.3% decrease from $486,250 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 120 days on the market before going under contract, compared to 130 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 January 2026, MARS HILL, NC 28754 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 120 days on market compared to 130 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 $9,500 compared to a typical 5% commission on the median listing price of $475,000. 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.