Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 14,973 ↑ 0.5% since 2020 |
| Median Household Income | $58,089 22% below national median |
| Median Home Value | $202,100 |
| Unemployment Rate | 6.5% |
| Median Age | 48.0 years |
| Housing Vacancy Rate | 26.1% |
| Total Land Sales (Past 12 Months) | 175 transactions |
| Active Listings | 74 properties |
| Avg Days on Market | 597 days |
Rural Land Sales (1+ Acres) (Dec 2025 – Mar 2026)
| Metric | Value |
|---|---|
| Median Price/Acre | $10,406 |
| Recent Sales | 158 transactions |
| Avg Days on Market | 601 days |
| Avg Parcel Size | 14.60 acres |
| Active Listings | 68 properties |
Recent Rural Land Sales
| Date | Acres | Price | $/Acre | Location |
|---|---|---|---|---|
| Mar 2026 | 11.50 | $128,000 | $11,130 | Bakersville |
| Mar 2026 | 25.50 | $310,000 | $12,157 | Bakersville |
| Mar 2026 | 17.52 | $117,000 | $6,680 | Green Mountain |
| Feb 2026 | 1.05 | $25,000 | $23,810 | Spruce Pine |
| Feb 2026 | 8.76 | $153,000 | $17,466 | Bakersville |
| Feb 2026 | 13.09 | $78,000 | $5,959 | Green Mountain |
| Feb 2026 | 27.00 | $225,000 | $8,333 | Green Mountain |
| Feb 2026 | 50.00 | $250,000 | $5,000 | Bakersville |
| Feb 2026 | 60.80 | $275,000 | $4,523 | Bakersville |
| Dec 2025 | 3.26 | $60,000 | $18,405 | Green Mountain |
Suburban/Urban Land Sales (Under 1 Acre) (Oct 2025 – Dec 2025)
| Metric | Value |
|---|---|
| Median Lot Price | $30,000 |
| Recent Sales | 17 transactions |
| Avg Days on Market | 566 days |
| Avg Parcel Size | 0.60 acres |
| Active Listings | 6 properties |
Recent Suburban/Urban Land Sales
| Date | Acres | Price | Location |
|---|---|---|---|
| Dec 2025 | 0.50 | $9,000 | Bakersville |
| Dec 2025 | 0.37 | $14,500 | Spruce Pine |
| Oct 2025 | 0.45 | $6,000 | Bakersville |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 14,973 |
| Population (2020) | 14,903 |
| Population Growth | 0.47% |
| Median Household Income | $58,089 |
| Median Home Value | $202,100 |
| Total Housing Units | 8,673 |
| Vacant Housing Units | 2,262 |
| Housing Vacancy Rate | 26.1% |
| Median Age | 48.0 |
| Bachelor's Degree or Higher | 1,510 (10.1%) |
| Unemployment Rate (BLS) | 3.4% |
Market Overview
Mitchell County, North Carolina has a population of 14,973, which has grown 0.47% since 2020. The median household income is $58,089, below the national median of $74,580 by 22.1%. With a median home value of $202,100 and an unemployment rate of 3.4%, the local economy is moderate. The housing vacancy rate of 26.1% suggests soft market conditions. Mitchell County is part of North Carolina's land market, attracting both local and out-of-state buyers. Recent rural land sales show a median price of $10,406 per acre, with properties averaging 14.60 acres. There are currently 74 active land listings in the county.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Mitchell County, North Carolina?
As of the 2023 American Community Survey, Mitchell County has a population of 14,973. The county has grown 0.47% since the 2020 Census, indicating a growing community.
What is the median household income in Mitchell County?
The median household income in Mitchell County is $58,089, which is 22.1% below the national median of $74,580.
Is Mitchell County growing or shrinking?
Mitchell County is growing. The population has increased 0.47% since 2020.
What is the housing market like in Mitchell County?
The median home value in Mitchell County is $202,100. The housing vacancy rate is 26.1%, which suggests soft market conditions. The unemployment rate is 3.4%, indicating a moderate local economy. Recent rural land sales (1+ acres) show a median price of $10,406 per acre. Suburban/urban lots under 1 acre have a median lot price of $30,000.
Does Reelvest buy land in Mitchell County, North Carolina?
Yes! Reelvest Properties buys vacant land throughout North Carolina, including Mitchell County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: Market data reflects recent vacant land transactions in the county. Demographic data from U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.