The housing market in Spring Lake, NC (28390) is thriving. The median value of homes in the area is $199,100 which stands in stark contrast to the US House Median Value of $338,100. In the past year alone, housing values have appreciated 16.91% while nationwide they rose 8.27%. This speaks to the relative stability and strength of the local housing market in Spring Lake compared to other areas of the US.
The median home cost in Spring Lake (zip 28390) is $199,100. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Spring Lake (zip 28390) is up 19.9%.
Average Age of Homes
- The median age of Spring Lake (zip 28390) real estate is 24 years old
The Rental Market in Spring Lake (zip 28390)
- Renters make up 47.7% of the Spring Lake (zip 28390) population
- 4.4% of houses and apartments in Spring Lake (zip 28390), 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.