Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the East Spencer area can be challenging. Home prices in East Spencer are now at a median cost of $94,985, lower than the North Carolina average of $226,477.
The average cost of rent is $732/mo in East Spencer, primarily driven by the current value of real estate in the East Spencer area. While nearly 51.63% of residents own their homes outright in East Spencer, 41.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in East Spencer is $2,909 per month. Households that rent pay about 25.15% of their income on rent here. East Spencer's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Spencer, NC: higher priced homes
- Salisbury, NC: higher priced homes
- Granite Quarry, NC: higher priced homes
- Faith, NC: higher priced homes
- Linwood, NC: higher priced homes
- Southmont, NC: higher priced homes
- Cotton Grove, NC: higher priced homes
- Rockwell, NC: higher priced homes
- Barber, NC: higher priced homes
- Gold Hill, NC: higher priced homes
Cities with Similar Populations
- Three Rivers, NY: higher priced homes
- Groton, SD: higher priced homes
- Hill City, KS: less expensive homes
- Hinton, IA: higher priced homes
- Horatio, AR: less expensive homes
- Island City, OR: higher priced homes
- James, GA: higher priced homes
- Karns City, PA: higher priced homes
- Kinsley, KS: less expensive homes
- Kuhn Station, IL: higher priced homes
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