The housing market in 28777 Spruce Pine, NC is doing significantly better than the national average. The median value of housing in 28777 Spruce Pine, NC is $217,100 compared to the US median value of $338,100. In the last year alone, there has been an 8.27% appreciation in the US housing market while this area has seen a much more impressive 18.83% appreciation. This reflects a strong and growing housing market that is likely to continue as it outpaces national trends.
The median home cost in Spruce Pine (zip 28777) is $217,100. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Spruce Pine (zip 28777) is up 22.1%.
Average Age of Homes
- The median age of Spruce Pine (zip 28777) real estate is 40 years old
The Rental Market in Spruce Pine (zip 28777)
- Renters make up 17.8% of the Spruce Pine (zip 28777) population
- 1.1% of houses and apartments in Spruce Pine (zip 28777), 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.