Home / Select Cities  /  2024 Comparing Spencer, NC vs. Newton, NC

2024 Compare Cities Housing:
Spencer, NC vs Newton, NC

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Highlights
- The median age of a home in Spencer is 27.1% older than the median age of a home in Newton.

Housing
 Spencer, NCNewton, NCUnited States
 Median Home Age594342
 Median Home Cost$174,800$221,000$338,100
 Home Appr. Last 12 months25.0%24.0%16.6%
 Home Appr. Last 5 yrs.79.1%75.5%57.0%
 Home Appr. Last 10 yrs.120.1%92.8%101.1%
 Property Tax Rate$8.0$7.0$11.0
 Homes Owned45.8%60.7%57.4%
 Housing Vacant17.0%7.6%11.2%
 Homes Rented37.2%31.6%31.4%
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 Avg Rent For Home Or Apartment
 Spencer, NCNewton, NCUnited States
 Average Rent$1,490$1,070$1,840
 Studio Apartment$950$680$1,080
 1 Bedroom Home or Apartment$960$690$1,180
 2 Bedroom Home or Apartment$1,160$830$1,430
 3 Bedroom Home or Apartment$1,510$1,090$1,860
 4 Bedroom Home or Apartment$1,650$1,240$2,160
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 Vacant Housing
 Spencer, NCNewton, NCUnited States
 Vacant For Rent2.2%0.4%1.9%
 Vacant Rented1.8%0.0%0.4%
 Vacant For Sale4.6%0.8%0.7%
 Vacant Sold0.0%0.9%0.4%
 Vacant Vacation0.0%0.0%3.6%
 Vacant Other8.6%5.5%4.1%
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 Owner-Occupied Housing Value
 Spencer, NCNewton, NCUnited States
 Less Than $20,0001.7%1.5%2.6%
 $20,000 to $39,9990.3%1.1%2.4%
 $40,000 to $59,9995.2%4.1%2.8%
 $60,000 to $79,99917.8%10.4%3.9%
 $80,000 to $99,99910.7%14.2%4.5%
 $100,000 to $149,99923.6%33.7%11.3%
 $150,000 to $199,9995.4%14.2%13.0%
 $200,000 to $299,99925.7%10.1%20.1%
 $300,000 to $399,9992.0%5.6%13.6%
 $400,000 to $499,9994.7%2.3%8.3%
 $500,000 to $749,9992.9%2.8%9.7%
 $750,000 to $999,9990.0%0.0%3.9%
 $1,000,000 to $1,499,9990.0%0.0%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 Spencer, NCNewton, NCUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20149.1%11.9%13.6%
 2000 to 20099.1%11.9%13.6%
 1990 to 19999.3%15.5%13.6%
 1980 to 19897.9%12.9%13.2%
 1970 to 197913.0%22.7%14.8%
 1960 to 19699.3%15.5%13.6%
 1950 to 195912.1%12.0%10.0%
 1940 to 194915.8%5.9%4.7%
 1939 or Earlier19.7%10.5%12.2%

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ZIPS IN SPENCER, NORTH CAROLINA
28159
ZIPS IN NEWTON, NORTH CAROLINA
28658

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