Spencer Housing Information - Census

IndexSpencerNorth CarolinaNational
Median home price$98,200$157,100$184,700
Median rent asked$705$816$949
Avg. people per household2.52.52.6
Owner occupied households62.5%64.8%63.6%
Renter occupied households37.5%35.2%36.4%

Spencer Housing Information - Zillow

IndexSpencerNorth CarolinaNational
Zillow home value index$92,100$159,300$196,500
Year over year appreciation rate8.74%6.41%6.79%
5 year average appreciation rate2.13%3.18%5.28%
10 year average appreciation rate-0.28%0.75%0.01%

Did you know?

  • The median home price in Spencer is 47% lower than the national average.
  • The median rent asked in Spencer is 26% lower than the national average.
  • The average number of people per household in Spencer is 3% lower than the national average.
  • The number of owner occupied households in Spencer is 2% lower than the national average.
  • The number of renter occupied households in Spencer is 3% higher than the national average.

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Compare Spencer, NC Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
East Spencer, NC1,465$78,20058%
Cooleemee, NC875$82,00056%
China Grove, NC4,163$98,70047%
Southmont, NC1,252$99,70046%
Lexington, NC19,089$101,80045%
Spencer, NC3,290$98,20047%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Shackle Island, TN3,290$265,00043%
Marysville, KS3,290$94,20049%
Southport, NC3,291$260,30041%
Mount Pleasant, UT3,289$147,30020%
Kotzebue, AK3,288$194,9006%
Spencer, NC3,290$98,20047%
Source: The Spencer, NC housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.