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Affordable
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These days, finding an affordable place to live in the Spruce Pine area can be challenging. Home prices in Spruce Pine are now at a median cost of $164,369, lower than the Alabama average of $228,911.
The average cost of rent is $866/mo in Spruce Pine, primarily driven by the current value of real estate in the Spruce Pine area. In Spruce Pine, 12.60% of households rent, and 68.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spruce Pine is $5,100 per month. Households that rent pay about 16.98% of their income on rent here. Spruce Pine’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rockwood, AL: higher priced homes
- Isbell, AL: equally priced homes
- Nix Mill, AL: less expensive homes
- Phil Campbell, AL: less expensive homes
- Gravel Hill, AL: equally priced homes
- Reedtown, AL: less expensive homes
- Old Nauvoo, AL: higher priced homes
- Russellville, AL: less expensive homes
- Jonesboro, AL: equally priced homes
- Hodges, AL: less expensive homes
Cities with Similar Populations
- River Glen, CT: higher priced homes
- Kinmundy, IL: less expensive homes
- Knightsen, CA: higher priced homes
- Knox City, TX: less expensive homes
- Laurel Fork, VA: less expensive homes
- Leadwood, MO: less expensive homes
- Lincoln Center, KS: less expensive homes
- Moapa, NV: higher priced homes
- Ramer, AL: higher priced homes
- King City, MO: less expensive homes
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