Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mitchell County area can be challenging. Home prices in Mitchell County are now at a median cost of $171,480, lower than the North Carolina average of $226,477.
The average cost of rent is $711/mo in Mitchell County, primarily driven by the current value of real estate in the Mitchell County area. While nearly 56.88% of residents own their homes outright in Mitchell County, 20.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mitchell County is $3,984 per month. Households that rent pay about 17.84% of their income on rent here. Mitchell County's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the county.
Nearby Counties
- Yancey County, NC: equally priced homes
- Avery County, NC: equally priced homes
- Madison County, NC: higher priced homes
- Caldwell County, NC: less expensive homes
- Alexander County, NC: equally priced homes
- Cocke County, TN: less expensive homes
- Jefferson County, TN: equally priced homes
- Sevier County, TN: higher priced homes
- Davie County, NC: higher priced homes
- Knox County, TN: higher priced homes
Counties with Similar Populations
- Hampshire County, WV: equally priced homes
- Grenada County, MS: less expensive homes
- Grundy County, IA: less expensive homes
- Grundy County, MO: less expensive homes
- Grundy County, TN: less expensive homes
- Guanica Municipio, PR: less expensive homes
- Guayanilla Municipio, PR: less expensive homes
- Gulf County, FL: higher priced homes
- Gunnison County, CO: higher priced homes
- Yell County, AR: less expensive homes
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