Spring Lake, NC is an attractive market for real estate investors and homeowners alike. The median value of housing in Spring Lake is nearly half that of the national median value, making it a great option for those looking to purchase or invest in property. Additionally, the one year house appreciation rate in Spring Lake is significantly higher than the national rate, indicating a growing market with strong prospects for future growth. With its attractive prices and potential for appreciation, Spring Lake makes an ideal home-buying or investment destination.
The median home cost in Spring Lake is $192,300. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Spring Lake is up 19.9%.
Average Age of Homes
- The median age of Spring Lake real estate is 25 years old
The Rental Market in Spring Lake
- Renters make up 68.2% of the Spring Lake population
- 4.9% of houses and apartments in Spring Lake, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.