Is Mills River, NC 28759 a buyer’s or seller’s market?

The Mills River housing market right now

In the three months ending August 31, 2026, 15% of homes in Mills River, NC 28759 sold above their list price, the typical home went under contract in 70 days and there were 5.9 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (130 days then) and the median sale price rose 27% to $725,186. Overall, Mills River is more competitive than a year ago, so tougher for buyers.

Within Henderson County, homes here sell faster than in 55% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Mills River ranks #299 of 424 NC ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Zirconia 28790 (0% sold over asking) or Gerton 28735 (0% sold over asking), while Horse Shoe 28742 (25% sold over asking) and Etowah 28729 (21% sold over asking) are even more competitive.