Home prices
The median home in Mills River costs $257,800. Compared to its surrounding areas it is approximately $54,560 (26%) higher.Compared to the entire nation it is approximately $40,300 (18%) higher, and it is approximately $121,500 (89%) higher compared to the city of Knoxville.
Rents
The median monthly rent in Mills River is $956. It is roughly $148 (18%) higher in comparison to its surrounding areas.It is roughly $106 (9%) lower in comparison to the rest of the nation, and in comparison to the city of Knoxville it is approximately $111 (13%) higher.
Nearby places
Horse Shoe
Horse Shoe is Mills River's neighbor to the southeast. Its real estate prices are fairly similar. Horse Shoe's median home price is $258,000, which is very similar to Mills River. Rents there are a bit less expensive. The median monthly rent in Horse Shoe is $860, which comes out to $96 (11%) lower than Mills River.
Fletcher
Fletcher is Mills River's neighbor to the northeast. Housing prices there are somewhat less expensive. The median home cost in Fletcher is $215,700, which works out to $42,100 (19%) lower than Mills River. The rent there is a bit more expensive. The median rent in Fletcher is $1,117 a month, which is $161 (14%) higher than Mills River.
Etowah
Etowah is Mills River's neighbor to the south. Real estate prices there are a little less expensive. The value of the median home in Etowah is $214,700, which works out to $43,100 (20%) lower than Mills River. The rent there is substantially less expensive. Etowah's median rent is $654 a month, which comes out to $302 (46%) lower than Mills River.
Mountain Home
Mountain Home is roughly 4 miles east of Mills River. Its real estate prices are significantly less expensive. The median home in Mountain Home costs $165,000, which comes out to $92,800 (56%) lower than Mills River. Its rents are a bit less expensive. The median rent in Mountain Home is $781 a month, which is $175 (22%) lower than Mills River.
Balfour
Balfour is about 5 miles southeast of Mills River. Housing prices there are substantially less expensive. The price of the median home in Balfour is $162,800, which is $95,000 (58%) lower than Mills River. Rents there are a lot less expensive. In Balfour the median monthly rent is $627, which comes out to $329 (52%) lower than Mills River.