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Affordable Housing for Sale in Madison County

Below you will find affordable housing for sale in Madison County, North Carolina. Madison County is home to Hot Springs, Mars Hill, Marshall, and Shelton Laurel among other communities. All of the homes below are currently being listed for $300,000 or less. Contact Mosaic Realty today to schedule a home tour or if you have any questions about a home. Create an account with Mosaic Realty to save your favorite Madison County homes and to receive email notifications when a home changes in price or when a similar property becomes available. Or search for affordable homes in other nearby counties here.

552 Azalea Circle Marshall NC 28753

Marshall, NC552 Azalea Circle

Price$259,000

Est. Mortgage: $/month

MLS Number CAR4035342

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Acreage 1.59

Discover your mountain retreat in Marshall, NC! This charming 3-bed, 2-bath home offers rustic charm and serene, quiet comfort on a picturesque 1.5-acre lot. Cozy up by the fireplace and take in the breathtaking mountain views. The open floor plan seamlessly connects the inviting living room with the well-designed kitchen. The master bedroom boasts an ensuite bath and panoramic vistas, while the additional bedrooms offer flexibility for guests or home offices. Step outside and embrace the beauty of nature in your expansive backyard, or work a while in the workshop with electric in place. Conveniently located near downtown Marshall and Mars Hill University, you'll have easy access to local shops, dining, and outdoor activities like hiking and fishing. Live your mountain dream! Schedule a showing today!

Listed by Lynda Adams of Mt. Valley Prop. of Asheville

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$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1223 Old Mountain Road Mars Hill NC 28754

Mars Hill, NC1223 Old Mountain Road

Price$240,000

Est. Mortgage: $/month

MLS Number CAR4033373

  • Residential
  • Bedrooms 2
  • Bathrooms 1
  • Acreage 10.66

Enjoy beautiful mountain views and rolling pastures on this 10.66 acre farm with charming farmhouse. Convenient to Mars Hill yet very private, this property offers lots of potential. Many possible building sites with about 40% of the land cleared. The home needs a little work, but would make a great mountain getaway. Cook on the wood burning stove and listen to rain on the metal roof. A rock fireplace and solid doors add to the rustic charm. This is a court ordered sale subject to approval by the Clerk of Court and subject to a 10 day upset period in accordance with North Carolina General Statute 1-339.36. Being sold "AS-IS".

Listed by Matt Jones of Pinnacle Lifestyle Realty LLC

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$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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255 Cook Road Hot Springs NC 28743

Hot Springs, NC255 Cook Road

Price$229,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR4028048

  • Residential
  • Bedrooms 3
  • Bathrooms 1
  • Acreage 2.71

Great home in quiet, picturesque area less than 10 minutes from the Town of Hot Springs. This property has so much to offer! In addition to the home, this property offers a large greenhouse, gravel growing pad, and equipment shed all on 2.71 (+/-) acres. This property is perfect for a horticultural operation as much of the infrastructure is already in place! This property is surrounded by beautiful pasture land and mountain views. The well maintained home is move in ready or bring your vision for some updating! Home has newer metal roof and brand new duct system. Property potentially offers another build site below the road near the equipment shed (buyer/buyer's agent to verify). Home sold as-is. Please schedule all showings with an agent, no drive-bys.

Listed by Veronica Gentry of Modern Mountain Real Estate Company LLC

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$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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200 Mountain Heights Avenue Hot Springs NC 28743
Active With Contract

MLS Number CAR4019962

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Acreage 0.21

Charming 3 BR 2 BA cottage in Hot Springs with easy walking to downtown restaurants, brewery, galleries and shops. Beautiful setting with big mountain views! Well maintained home and property. Open and light floorplan with one level living!. Nice, spacious kitchen with all new appliances, pantry, island seating and side deck off dining. Peaceful primary bedroom suite. Covered front porch and large deck in backyard. 22X30 garage/shop building with additional storage shed all with electric. Very sweet property!

Listed by Steve DuBose and Cynthia DuBose of Mountain Home Properties

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$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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70 Laurel Branch Road Marshall NC 28753

Marshall, NC70 Laurel Branch Road

Price$235,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR4019506

  • Residential
  • Bedrooms 3
  • Bathrooms 1
  • Acreage 9.58

Picturesque setting by the creek with a beautiful yard and over 9 acres of land. Sit on the front porch and enjoy the creek bubbling by while you sip some sweet tea. The 9.58 acres behind the home has several different pathways to get up on the land. There are some definite home spots on the land. Around the right side of the land is a pathway that at one time was used and even used to bring a school bus onto the land. Off to the left of the home is an old home that is not livable but shows the history and long term family life on this estate. The home had some new hardboard siding put on a couple years ago and the home has a lot of nice features. There is currently a tenant living in the home that will be moving out, but the home will need some cosmetic upgrades after tenant moves out. Previous buyer had a home inspection report, please see attachment. Please bring buyers that are willing to and able to take on the foundation issues noted.

Listed by Aaron Kraft of WEICHERT,Realtors - Unlimited

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1756 Long Branch Road Marshall NC 28753

Marshall, NC1756 Long Branch Road

Price$115,000

Est. Mortgage: $/month

Active With Contract

MLS Number CAR4019697

  • Residential
  • Bedrooms 1
  • Bathrooms 1
  • Acreage 5

Quintessential restoration project, 6 minutes into Marshall, 12 minutes into Weaverville & 24 minutes into downtown Asheville. Total rehabilitation needed, not limited to plumbing, electrical, septic, roof and insulation. Many original features are still intact including bead board, moldings, doors and windows. Exterior has 3 original farm sheds and approximately 2-2.5 acres of pasture. The NW, North and Eastern Border has new cross hatch equestrian fencing. Front pasture has Long Branch running through it. A new driveway has been graded to the bottom pasture/field and creekbank restoration completed. There is an artesian well and a newer holding tank for water. APPOINTMENT ONLY! Cellular Security Cameras are in use.

Listed by Browning Hemric and Steve Noga of Dwell Realty Group

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4933 Puncheon Fork Road Mars Hill NC 28754
Active With Contract

MLS Number CAR4015215

  • Residential
  • Bedrooms 2
  • Bathrooms 2
  • Acreage 1.03

This mountain getaway boasts two separate dwellings (cabin & studio) and is located on little over an acre. Many configurations for live/ work or investment rentals provide flexibility to any owner. Open flat area, pond, and an active stream are just waiting for your own personal touches. Close proximity to skiing at Wolf Ridge Ski Resort, hiking on the Appalachian Trail (property is 1/2 mile from Streets Gap access point on the trail), and a little over 30 minutes from Asheville makes this an ideal setup as a short-term rental investment. Property is currently rented long term with the front cabin leased (month to month) and the back studio which has a lease ending 7/4/23. While touring the front cabin be sure to check out the loft area! **PLEASE BE CAREFUL! THE STEPS ARE STEEP leading into the loft area** This property is a must see!

Listed by Stoner Giltz of Tessier Associates

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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118 Brook Street Mars Hill NC 28754

Mars Hill, NC118 Brook Street

Price$237,000

Est. Mortgage: $/month

MLS Number CAR4012156

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Acreage 0.35

Investor alert! Recently updated. All new floor, kitchen cabinets, counter top, HVAC, stainless appliances, tile bathrooms and a 6x9 outbuilding. Quiet neighborhood just outside Mars Hill. Walking distance to Mars Hill University. NC Broker owner.

Listed by Bruce Anderson of Quinn Anderson Real Estate Solutions LLC

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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112 Cook Road Hot Springs NC 28743

Hot Springs, NC112 Cook Road

Price$292,500

Est. Mortgage: $/month

MLS Number CAR4007502

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Acreage 1.34

MOTIVATED SELLERS! Welcome to your dream home in Hot Springs, NC! This newer modular home boasts 3 bedrooms, 2 baths, and an open floor plan perfect for entertaining or relaxing. Enjoy stunning mountain views and natural light throughout the home. The living room features a cozy fireplace, while the kitchen boasts stainless steel appliances, ample counter space, and a walk-in pantry for storage. The primary bedroom includes a luxurious en-suite bathroom with a soaking tub and separate shower, while the two additional bedrooms offer plenty of space and natural light. Step onto the spacious deck to take in the mountain views and enjoy the beautifully landscaped yard. The garage has a solid 6" slab and is fully outfitted with plenty of power for any project you could imagine. This home is located just minutes away from downtown and its amenities. Own your own stunning home in the heart of Hot Springs, NC. Less than an hour to Asheville.

Listed by Tyler Mellor of EXP Realty LLC Asheville

$
$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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4762 Walnut Creek Road Marshall NC 28753

Marshall, NC4762 Walnut Creek Road

Price$279,000

Est. Mortgage: $/month

Pending

MLS Number CAR3929120

  • Residential
  • Bedrooms 3
  • Bathrooms 1
  • Acreage 1.21

Step in to a wide open space full of sunshine (unless it's raining) in this ranch with a full unfinished basement OR is it a giant workshop- you decide! There's a new roof, a new well, new mini-split system units, fresh paint, brand new water heater and the septic has been pumped! Tax records show 1404 heated square footage. Baseboard heaters are not hooked up but seller says they are still functional. Flat area in the yard is great for seating or garden!

Listed by Ginger Gregory of Coldwell Banker King

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$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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306 Culvin Creek Road Marshall NC 28753

Marshall, NC306 Culvin Creek Road

Price$170,000

Est. Mortgage: $/month

MLS Number CAR3822091

  • Residential
  • Bathrooms 1
  • Acreage 1.1

Vacant building was once used as a convenience store in the spillcorn area. Has two gas pumps, counter, half bath. Oil moniter heat. Condition of tanks unknown.Two large tracts of land for sale closeby. Could be possible rental office for potential cabins. Could possibly be converted into a single family residential home.

Listed by Damien Sours of RE/MAX Results

$
$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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17619 Nc 209 Highway Hot Springs NC 28743

Hot Springs, NC17619 Nc 209 Highway

Price$225,000

Est. Mortgage: $/month

MLS Number CAR3909818

  • Residential
  • Bedrooms 3
  • Bathrooms 2
  • Acreage 12.6

MOTIVATED Sellers! This unfinished cabin style home is situated on over 12 acres and is ready for the right buyer to complete the project. The home is in a wooded and private setting. The huge covered front porch is the perfect spot to relax and listen to babbling Spring Creek, which is located just across the street. The open concept living room and kitchen area will make a great space for entertaining, and the various Pella double doors allow for ample natural light. With 5 spaces that can serve as bedroom and/or bonus rooms, and 2 finished bathrooms plus 2 that are roughed in and ready to be finished, you will have plenty of space for the whole crew! With the various permitted uses available with the zoning this property is in, there may even be potential to add a few accessory dwellings or micro cabins. Great opportunity for a buyer who is willing to put in sweat equity and creativity! Being sold AS-IS.

Listed by Charlsey Russell of Keller Williams Realty Mountain Partners

$
$
%
$/month over payments
Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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Broker Reciprocity © 2023 Listings courtesy of Canopy MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS.  Based on information submitted to the MLS GRID as of June 6, 2023 10:47 PM EDT . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.