Comprehensive market data and analysis• Updated Oct 2026
18.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 5 | 9 |
| 1-2 acres | - | 1 | 2 | 10 |
| 2-5 acres | - | 2 | 4 | 4 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 5 | 11 | 27 |
Acreage buckets
The median price for land in Mills River, North Carolina is currently $89K per acre. For a typical parcel, the median sale price is $193K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $655K.
Mills River, North Carolina is currently a strong buyer's market with 18.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mills River, North Carolina currently has 18.0 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 Mills River, North Carolina averages $130K per acre. The median price per acre is $89K, which may be more representative of typical transactions. Most parcels sold are around 1.1 acres.
The median land price in Mills River, North Carolina stands at $193K. This translates to roughly $89K per acre for the typical parcel size. The average price is $650K, indicating some higher-priced properties pulling up the average.
Land in Mills River, North Carolina typically sells within 134 days of listing. The median time on market is 121 days. Properties are moving slowly in the current strong buyer's market.
The 3-month absorption rate in Mills River, North Carolina is 5.6%. The 12-month rate is 7.2%. 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Mills River on LandyDandy.
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