Comprehensive market data and analysis• Updated Dec 2025
102.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 7 | 14 |
| 1-2 acres | 1 | 2 | 6 | 13 |
| 2-5 acres | - | - | - | 5 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | - | 3 |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 5 | 14 | 40 |
Acreage buckets
The median price for land in Mars Hill, North Carolina is currently $22K per acre. For a typical parcel, the median sale price is $70K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $254K.
Mars Hill, North Carolina is currently a strong buyer's market with 102.6 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 22.3% year-over-year.
Mars Hill, North Carolina currently has 102.6 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Mars Hill, North Carolina typically sells within 237 days of listing. The median time on market is 165 days. Properties are moving slowly in the current strong buyer's market.
There are currently 171 active listings in Mars Hill, North Carolina. 13 new listings have hit the market in the last 90 days. The median asking price is $75K.
The current absorption rate in Mars Hill, North Carolina is 1.0% (3-month basis), indicating slow demand. With depreciating values (-22.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Wolf Mountain Realty, Inc..
The 3-month absorption rate in Mars Hill, North Carolina is 1.0%. The 12-month rate is 1.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.