The median value of housing in 28039 East Spencer, NC is $275,700 which is significantly lower than the US House Median Value of $338,100. Despite this difference, East Spencer's housing market has seen a higher appreciation rate than the national average. Over the last year, the housing market in East Spencer had an appreciation rate of 19.65%, compared to 8.27% for the US as a whole. This indicates a strong and growing housing market in East Spencer that could make it an attractive place to buy or invest in real estate.
The median home cost in East Spencer (zip 28039) is $275,700. Home appreciation the last 10 years has been 127.7%. Home Appreciation in East Spencer (zip 28039) is up 25.4%.
Average Age of Homes
- The median age of East Spencer (zip 28039) real estate is 51 years old
The Rental Market in East Spencer (zip 28039)
- Renters make up 21.3% of the East Spencer (zip 28039) population
- 0.0% of houses and apartments in East Spencer (zip 28039), 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.