Zip 27882 (Spring Hope, NC) Housing

The housing market in Spring Hope, NC (27882) is currently very strong with a median value of $192,300. This is significantly lower than the US Median of $338,100 yet the 1 year appreciation rate for homes in Spring Hope is 16.05%, more than double the US 1 year appreciation rate of 8.27%. This indicates that Spring Hope is a great place to invest in property as compared to other areas across the US, and it appears to be a great time to buy or sell a home here.

The median home cost in Spring Hope (zip 27882) is $192,300. Home appreciation the last 10 years has been 64.4%. Home Appreciation in Spring Hope (zip 27882) is up 19.4%.

Average Age of Homes

- The median age of Spring Hope (zip 27882) real estate is 34 years old

The Rental Market in Spring Hope (zip 27882)

- Renters make up 28.6% of the Spring Hope (zip 27882) population
- 0.2% of houses and apartments in Spring Hope (zip 27882), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spring Hope, North Carolina	United States
	3,806.0	139,647,020.0
	41	42
	$192,300	$338,100
	19.4%	16.6%
	58.8%	57.0%
	64.4%	101.1%
	$7.84	$10.98
	$1,042	$2,690
	55.5%	57.4%
	19.0%	11.2%
	25.5%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.7%	3.6%
	15.2%	4.1%
Value of Owner-Occupied Housing
	7.1%	2.6%
	3.9%	2.4%
	3.6%	2.8%
	12.8%	3.9%
	8.7%	4.5%
	25.7%	11.3%
	13.5%	13.0%
	13.5%	20.1%
	7.6%	13.6%
	1.4%	8.3%
	0.9%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	18.1%	13.6%
	12.2%	13.2%
	17.7%	14.8%
	18.1%	13.6%
	6.8%	10.0%
	3.5%	4.7%
	16.5%	12.2%

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