How much do homes in Mitchell County, NC cost?

Median List Price

$248,000

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$35,666(+16.8%)

Key Takeaway

The list price of homes in Mitchell County has increased by 16.8% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $208.7K$174.4K-16.4%
2 $169.9K$199K+17.1%
3 $219.2K$270.5K+23.4%
4 $279K$289K+3.6%
5+ $350K$350K0.0%

Median List Price Compared To Nearby Counties

Avery County
+44.0%
Yancey County
+26.4%
Mitchell County
+16.8%
McDowell County
+10.6%

How many homes are available in Mitchell County, NC?

Number of Homes For Sale

Jul 2021Aug 2021%
104107+2.9%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 770.0%
2 2728+3.7%
3 5658+3.6%
4 109-10.0%
5+ 45+25.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
245 Days156 Days-36.2%

Breakdown of Home Sale Times

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Key Takeaway

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About Mitchell County, NC

There are 107 homes are for sale in Mitchell County, NC real estate market. The inventory of homes for sale in Mitchell County, NC between July 2021 and August 2021 increased by 2.9%. In August 2021, listings were on the market for 156 days. During the same period, the median list price in this real estate market was $248,000. Between July 2021 and August 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices decreased by 16.4%, prices of 2 bedrooms properties went up by 17.1%, 3 bedrooms properties became 23.4% more expensive, prices of 4 bedrooms properties increased by 3.6%, the cost of 5 bedrooms properties have not changed. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 3.7% more available, 3 bedrooms homes became 3.6% more available, 4 bedrooms homes became 10% less available, number of 5 bedrooms homes increased by 25%. Mitchell County, NC housing market in August 2021 saw over 0 listings sold above listed price, more than 5 sold at listed price and over 11 sold below.

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