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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
62%
38%
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-Occupied61.9%
Renter-Occupied38.1%
Homeownership Rate61.9%
Total Housing Units1,051
Median Year Built1981
Rent Burden25.9%