The Most Affordable Neighborhoods in Spruce Pine, NC by Home Value

 

Spruce Pine, NC Map of Most Affordable Neighborhoods
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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 $232,220, lower than the North Carolina average of $323,314.

The average cost of rent is $804/mo in Spruce Pine, primarily driven by the current value of real estate in the Spruce Pine area. In Spruce Pine, 25.20% of households rent, and 59.64% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spruce Pine is $5,334 per month. Households that rent pay about 15.07% of their income on rent here. Spruce Pine’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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