Mills River, NC · Houses & Market Data

Mills River, North Carolina houses and real estate market data.

Houses in Mills River, NC (Henderson County) — Census median home value $358,500, county listing prices down about 1.7% over the past year. Market data for Mills River houses and the broader area.

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Mills River, NC is in Henderson County, North Carolina — this guide covers houses in Mills River and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,214, with a median household income of $88,359. Census data puts Mills River houses at a median value of $358,500 (all owner-occupied homes); Henderson County's current median listing price runs $550,000, down about 1.7% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Mills River housing market

Mills River is in Henderson County, North Carolina. Manifest Census and county price-trend data provide baseline context for houses in Mills River and the surrounding county market.

Median home value (Census ACS)

$358,500

Population (Census ACS)

7,214

Median household income

$88,359

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County-level FHFA price trend was not available in the manifest row.

At a glance

Mills River market snapshot

Population

7,214

County

Henderson County

Median Household Income

$88,359

Median Home Value (city)

$358,500

Median Listing Price (Henderson County)

$550,000

Median Gross Rent

$1,611/mo

Price Trend (YoY)

-1.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Mills River

What makes Mills River different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Mills River's median home value — across all owner-occupied homes, not just recent sales — at $358,500. Separately, Henderson County's current median listing price (via Realtor.com data, 2026-06-01) runs $550,000. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Henderson County's FHFA house price index shows a -0.02% annual change in 2025.

Population & Income

Mills River has an estimated population of 7,214 and a median household income of $88,359, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Mills River's Census-reported median home value works out to about 4.1x the area's median household income, and median gross rent runs roughly 22% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Mills River

County guide: Henderson County — cities, market context, and local resources for the county that includes Mills River.

USAHouses.com also helps visitors looking in nearby Henderson County and other North Carolina communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Horse Shoe, Mountain Home, Etowah, Fletcher, Balfour, Laurel Park, Valley Hill, Hendersonville, Fruitland, Hoopers Creek, Barker Heights, Flat Rock, East Flat Rock, Dana, Edneyville, Gerton.

More North Carolina cities with market guides: Winston-Salem, Fayetteville, Cary, Wilmington, High Point, Concord, Asheville, Greenville.

Adjacent-county Census places with USAHouses.com pages: Avery Creek (~5.9 mi), Royal Pines (~8.3 mi), Bent Creek (~9.1 mi), Biltmore Forest (~11.0 mi), Brevard (~12.1 mi), Asheville (~13.3 mi), Fairview (~14.4 mi), Emma (~15.2 mi), Canton (~17.3 mi), Woodfin (~18.3 mi), Swannanoa (~18.9 mi), West Canton (~19.0 mi), Rosman (~20.9 mi), Clyde (~20.9 mi), Black Mountain (~21.9 mi), Weaverville (~22.0 mi).

New construction: New homes near Mills River (Charlotte) · New homes near Mills River (Greensboro) · North Carolina new construction.

Census & home facts

Mills River data from published sources

Population (ACS 2023)

7,214

Median home value (ACS 2023)

$358,500

Median household income (ACS 2023)

$88,359

Median gross rent (ACS 2023)

$1,611

County FHFA annual change (2025)

-0.02%

County median listing price (FRED/Realtor.com) (2026-06-01)

$550,000

Census place type

town

County

Henderson County

Land area (Census Gazetteer 2024)

22.38 sq mi

Census GEOID

3743260

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Mills River

Schools

Henderson County Schools — 23 schools, 12,896 students enrolled, per the U.S. Department of Education's Common Core of Data. Henderson addresses may be served by Henderson County Schools, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Mills River FAQ

What are houses worth in Mills River, NC?

The Census Bureau's American Community Survey puts the median value of houses in Mills River at $358,500. Henderson County's current median listing price runs $550,000, down about 1.7% over the past year.

How much do houses cost in Mills River, NC?

For owner-occupied houses in Mills River, Census ACS data shows a median value of $358,500. Active listing prices in Henderson County may differ — see the market snapshot above.

What types of houses are in Mills River, NC?

Mills River houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Henderson County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Mills River, NC?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mills River's population at approximately 7,214.

What's the median rent in Mills River, NC?

The Census ACS estimates median gross rent in Mills River at approximately $1,611 per month.

What is the median household income in Mills River, NC?

Census ACS data puts the median household income in Mills River at approximately $88,359.

Is the Mills River housing market growing?

Henderson County's FHFA house price index shows a -0.02% annual change in 2025.

Is Mills River, NC affordable relative to income?

Census ACS data puts Mills River's median home value at about 4.1 times the median household income, with median gross rent equal to roughly 22% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Mills River, NC?

Manifest and public school-directory data suggest Henderson County Schools for many Mills River addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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