Comprehensive market data and analysis• Updated Oct 2026
47.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 6 |
| 1-2 acres | 1 | 2 | 3 | 6 |
| 2-5 acres | 1 | 2 | 3 | 6 |
| 5-10 acres | 1 | 1 | 3 | 8 |
| 10-20 acres | - | - | - | 2 |
| 20-50 acres | - | - | 4 | 5 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 5 | 15 | 35 |
Acreage buckets
The median price for land in Mitchell County, North Carolina is currently $10K per acre. For a typical parcel, the median sale price is $58K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $175K.
Mitchell County, North Carolina is currently a strong buyer's market with 47.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Mitchell County, North Carolina currently has 47.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 94 active listings in Mitchell County, North Carolina. 23 new listings have hit the market in the last 90 days. The median asking price is $81K.
The current absorption rate in Mitchell County, North Carolina is 2.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Mountain Adventure Realty.
Over the past 12 months, Mitchell County, North Carolina saw 41 properties sold, totaling $3.5M in sales volume. In just the last 3 months, 6 properties changed hands.
The 3-month absorption rate in Mitchell County, North Carolina is 2.1%. The 12-month rate is 3.6%. 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 Mitchell County on LandyDandy.
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