The housing market in 28160 Spindale, NC is faring well. The median house value currently stands at $131,800, significantly lower than the national median of $338,100. However, there has been a higher rate of appreciation for house values in this area over the past year compared to the rest of the country - 18.96% versus 8.27%. This suggests that Spindale is an excellent place to invest in property, as homeowners can expect their investments to appreciate in value quickly and steadily.
The median home cost in Spindale (zip 28160) is $131,800. Home appreciation the last 10 years has been 120.1%. Home Appreciation in Spindale (zip 28160) is up 25.0%.
Average Age of Homes
- The median age of Spindale (zip 28160) real estate is 58 years old
The Rental Market in Spindale (zip 28160)
- Renters make up 32.4% of the Spindale (zip 28160) population
- 1.6% of houses and apartments in Spindale (zip 28160), 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.