Real Estate Price Maphome prices by county

Mitchell County, NC home prices

Mitchell County, NC: the typical home is worth $237,774 as of 2026-05, down -1.9% over the past year and n/a since 2000. Listings run about $227/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Mitchell County is falling and overvalued — very affordable for what people here earn.

Momentum-1.9%Falling
Valuation+11%Elevated
Affordability8/10Very affordable
Market62 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1999: $132,562 → 2026: $237,774 (1.8×) pre-2000 estimated via FHFA index

Typical value$237,7742026-05
1-year-1.9%
5-year+29.2%
10-year+83.7%
Since 2000n/a
Population15k2024
Median income$56,7462023 · 4.2× income
New homes/yr442024
Price / sq ft$227listings
Days on market622026-06
Active listings1172026-06
Price cuts16%of listings

Market read

At $237,774, homes in Mitchell County sit 14% below the North Carolina median ($275,414) and 2% above the US median ($233,954). That ranks #66 of 100 North Carolina counties by price.

Prices are cooling (-1.9% in the last year) — leaning buyer's market.

Homes here take a while to sell — a median 62 days on the market, with 16% of listings cutting their asking price.

At 4.2× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Yancey County, NC ($320,247) · Avery County, NC ($388,080) · Unicoi County, TN ($248,849) · Carter County, TN ($240,144) · McDowell County, NC ($260,863) · Washington County, TN ($308,646)

Frequently asked questions

What is the average home price in Mitchell County, NC?
The typical home in Mitchell County is worth $237,774 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Mitchell County rising or falling?
Prices are down -1.9% over the past year and n/a since 2000 — a buyer's market.
Is Mitchell County affordable?
At 4.2× the local median income of $56,746, Mitchell County is pricier than the typical US county.
How fast do homes sell in Mitchell County?
Homes here take a median of 62 days to sell, with 16% of listings cutting their asking price.
Median home value by year
YearMedian home value
2009$132,522
2010$125,392
2011$122,044
2012$119,176
2013$121,145
2014$122,469
2015$125,341
2016$130,422
2017$134,009
2018$138,111
2019$144,809
2020$151,778
2021$173,502
2022$203,646
2023$230,044
2024$235,316
2025$243,419
2026$233,714