$408,200
- 5 Beds
- 3 Baths
- 2,712 sqft (on 0.50 acres)
501 Bailey St, Mars Hill, NC 28754
Est. Refi. Payment $2,339/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 29, 2016 for $205,000
Home Value
Trulia Estimate
$408KSince last month
Increased$4K (+0.9%)Since last year
Increased$3K (+0.8%)Since last sale
Increased$204K (+99.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +93% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $409K |
| August 2026 | $408K |
| July 2026 | $405K |
| June 2026 | $416K |
| May 2026 | $416K |
| April 2026 | $398K |
| March 2026 | $396K |
| February 2026 | $390K |
| January 2026 | $378K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $485,000 | 06/05/26 | 3 | 2.5 | 1,700 | |
0.12 | Single-Family Home | $320,000 | 07/24/26 | 2 | 2 | 1,765 | |
0.40 | Single-Family Home | $449,000 | 06/12/26 | 3 | 2.5 | 2,109 | |
0.46 | Single-Family Home | $409,900 | 01/28/26 | 3 | 2.5 | 1,700 | |
0.53 | Single-Family Home | $365,000 | 05/18/26 | 3 | 2 | 1,925 | |
0.72 | Single-Family Home | $296,696 | 06/17/26 | 3 | 2 | 2,112 | |
0.79 | Single-Family Home | $390,000 | 06/18/26 | 3 | 3 | 2,239 | |
0.55 | Single-Family Home | $300,000 | 05/14/26 | 3 | 1 | 1,398 | |
0.43 | Single-Family Home | $242,000 | 06/30/26 | 2 | 1,736 | ||
0.67 | Single-Family Home | $219,000 | 03/31/26 | 3 | 2 | 1,276 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $485,000 | 3 | 2.5 | 1,700 | Recently Sold | |
0.15 | $420,600 | 4 | 3 | 2,494 | Off Market | |
0.11 | $340,700 | 3 | 2 | 1,901 | Off Market | |
0.12 | $320,000 | 2 | 2 | 1,765 | Recently Sold | |
0.35 | $465,000 | 3 | 2 | 1,600 | For Sale | |
0.36 | $465,000 | 3 | 2 | 1,600 | For Sale | |
0.36 | - | - | - | - | Off Market | |
0.37 | $359,000 | 4 | 2 | 2,329 | Off Market | |
0.42 | $18,500 | - | - | - | For Sale | |
0.42 | - | - | - | - | Off Market | |
0.42 | - | - | - | - | Off Market | |
0.40 | $449,000 | 3 | 2.5 | 2,109 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1975
0.5 acre lot
2,712 sqft
$151/sqft
Garage
About this House
Lovely, updated traditional charmer just outside of Mars Hill College and downtown Mars Hill. Open living space with a warm and cozy fireplace, beautiful hardwood floors, new vinyl floors and new energy efficient windows. A separate downstairs apartment has it's own entrance and is perfect for guests or rental income. Additional insulation was added for energy efficiency! This is a very well maintained home in lovely community. It is full of charm and is well laid out. You must take a look!
501 Bailey St, Mars Hill, NC 28754 is a 5 bedroom, 3 bathroom, 2,712 sqft single-family home built in 1975. It last sold for $205,000 on Feb 29, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $408,200, with a rent estimate of $2,762/month.
Home Details for 501 Bailey St
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Interior Details Basement |
Heating & Cooling Heating: Heat PumpHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood, Linoleum Vinyl |
Appliances & Utilities Cable Ready |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: CompositionDeckExterior: BrickFoundation Type: Footing |
Parking & Garage GarageParking: Garage Detached |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.50 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 29, 2016 Source: Canopy MLS as distributed by MLS GRID #3135753 | Sold | $205,000 |
Jan 22, 2016 Source: Agent Provided | Pending | $219,000 |
Dec 17, 2015 Source: Agent Provided | Listed For Sale | $219,000 |
Jan 9, 2014 Source: Canopy MLS as distributed by MLS GRID #NCM522583 | Sold | $184,000 |
Jan 14, 2011 Source: N/A | Sold | $162,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,381 | $333,471 |
Home facts updated by county records
Market trends in Mars Hill
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
104
2MoM
Around this home
What Locals Say about Mars Hill
At least 21 Trulia users voted on each feature.
93 % Say car is needed
92 % Say yards are well-kept
82 % Say parking is easy
79 % Say people would walk alone at night
79 % Say there's wildlife
76 % Say there's holiday spirit
76 % Say it's dog friendly
64 % Say kids play outside
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
54 % Say it's quiet
50 % Say there are sidewalks
50 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
37 % Say there are community events
35 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 501 Bailey St
- What is 501 Bailey St estimated to be worth?Trulia's estimated value for 501 Bailey St in Mars Hill, NC is $408,200.
- What is the price history for 501 Bailey St?501 Bailey St in Mars Hill, NC last sold for $205,000 in February 2016.
- Is Mars Hill a buyer's or seller's market?Mars Hill is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Mars Hill?Residents describe Mars Hill, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Mars Hill, NC.
- How big is the lot at 501 Bailey St?The lot at 501 Bailey St in Mars Hill, NC is about 0.50 acres (21,780 sq ft).
- Does 501 Bailey St have a garage?Yes, 501 Bailey St in Mars Hill, NC has a garage.

