Mars Hill, NC
Full City Profile · North Carolina · Madison County County
4.2
/5.0
A
Great
2,738
Population
1,304/sq mi density
$77,826
Median Income
$30,660 per capita
$295,700
Home Value
$408,024 Zillow
$942
Median Rent
25.9% income on rent
54°F
Avg Temperature
310 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.6 / 5.0
$77,826 median income, 1.9% unemployment
A+
Affordability
4.5 / 5.0
$295,700 home value, $942/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
50.1% bachelor's degree or higher
Housing Overview
Median Home Value
$295,700
5% above
US avg: $281,900
Median Rent
$942/mo
19% below
US avg: $1,163/mo
Homeownership Rate
61.9%
5% below US avg (65.4%)
Total Housing Units
1,051
Median year built: 1981
Home Value by Source
Census Median
$295,700
Zillow (ZHVI)
$408,024
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.9%
Owner-Occupied
38.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$942/mo
· Zillow rent:
$1,898/mo
Affordability & Housing Stock
Rent Burden
25.9%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
61.9%
Complete Housing Data
Home Values
| Census Median Value | $295,700 |
| Zillow Home Value (ZHVI) | $408,024 |
Rent
| Census Median Rent | $942 |
| Zillow Rent (ZORI) | $1,898 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
Ownership & Stock
| Owner-Occupied | 61.9% |
| Renter-Occupied | 38.1% |
| Homeownership Rate | 61.9% |
| Total Housing Units | 1,051 |
| Median Year Built | 1981 |
| Rent Burden | 25.9% |
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