Housing in Spencer, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$215,000
Median List Price
$257,450
Price Per Sq Ft
$122
Days on Market
36
Active Inventory
26
Months of Supply
3.7
Seller's market
Zillow Home Value
$197,226
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
42.9%
Off Market in 2 Weeks
12.5%
Sale-to-List Ratio
100.6%
Seller's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$122
Median List $/SF
$174
Spencer vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Spencer is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$149,800
Median Rent
$1,042
Total Housing Units
1,541
Vacancy Rate
12.3%
Owner Occupied
64.3%
Renter Occupied
35.7%
Median Property Tax
$1,642
per year
Monthly Cost (w/ Mortgage)
$928
Housing Types
The current median sale price in Spencer, NC is $215,000 according to Redfin data. Homes spend a median of 36 days on the market. 42.9% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $122. The median rent is $1,042 per month (Census ACS). About 64.3% of housing units are owner-occupied. The median year homes were built is 1955. There are 1,541 total housing units.