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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 $159,741, lower than the North Carolina average of $226,477.
The average cost of rent is $766/mo in Spruce Pine, primarily driven by the current value of real estate in the Spruce Pine area. While nearly 53.87% of residents own their homes outright in Spruce Pine, 22.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spruce Pine is $4,114 per month. Households that rent pay about 18.61% of their income on rent here. Spruce Pine's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Estatoe, NC: equally priced homes
- Little Switzerland, NC: equally priced homes
- Linville Falls, NC: less expensive homes
- Sevier, NC: equally priced homes
- North Cove, NC: higher priced homes
- Cane Creek, NC: higher priced homes
- Bakersville, NC: equally priced homes
- Jonas Ridge, NC: higher priced homes
- Crossnore, NC: equally priced homes
- Newland, NC: equally priced homes
Cities with Similar Populations
- Bonadelle Ranchos-Madera Ranchos, CA: higher priced homes
- West Branch, MI: less expensive homes
- West Athens, CA: higher priced homes
- Wernersville, PA: higher priced homes
- Wenonah, NJ: higher priced homes
- Wells, ME: higher priced homes
- Wellington, OH: equally priced homes
- Webster City, IA: less expensive homes
- Waterville, OH: higher priced homes
- Watchung, NJ: higher priced homes
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