Much like nearby areas, it's similar compared to the entire country. Compared to the city of Knoxville however, it's a lot more expensive.
Home prices
The median home price in Mars Hill is $206,800. It is approximately $2,440 (1%) lower compared to nearby areas.It is roughly $10,700 (4%) lower compared to the entire nation, and compared to the city of Knoxville it is about $70,500 (51%) higher.
Rents
The median monthly rent in Mars Hill is $769. This is about $99 (14%) higher in comparison to the surrounding areas.It is about $293 (27%) lower compared to the United States as a whole, and it is about $76 (8%) lower in comparison to the city of Knoxville.
Nearby places
Marshall
Marshall is about 6 miles west from Mars Hill. Real estate prices there are somewhat less expensive. The median home in Marshall costs $190,000, which is $16,800 (8%) lower than Mars Hill. Rent there is substantially less expensive. Marshall's median rent is $397 a month, which comes out to $372 (93%) lower than Mars Hill.
Weaverville
Weaverville is about 9 miles south of Mars Hill. The real estate prices there are a little more expensive. The median home in Weaverville costs $280,800, which comes out to $74,000 (26%) higher than Mars Hill. The rent there is a little more expensive. In Weaverville the median rent is $897 per month, which comes out to $128 (14%) higher than Mars Hill.
Woodfin
Woodfin is roughly 13 miles south from Mars Hill. Real estate prices there are a little more expensive. The price of the median home in Woodfin is $224,400, which is $17,600 (7%) higher than Mars Hill. Its rents are a little more expensive. The median rent in Woodfin is $1,096 per month, which is $327 (29%) higher than Mars Hill.
Burnsville
Burnsville is roughly 13 miles northeast from Mars Hill. Housing prices there are somewhat less expensive. The price of the median home in Burnsville is $188,900, which comes out to $17,900 (9%) lower than Mars Hill. Its rents are significantly less expensive. The median rent in Burnsville is $542 a month, which works out to $227 (41%) lower than Mars Hill.
Hot Springs
Hot Springs is approximately 14 miles west of Mars Hill. The real estate prices there are a bit less expensive. The median home in Hot Springs is valued at $162,100, which comes out to $44,700 (27%) lower than Mars Hill. Rent there is significantly less expensive. In Hot Springs the median rent is $420 a month, which comes out to $349 (83%) lower than Mars Hill.
