Spruce Pine currently has 42 single family homes for sale with an average list price of $424,213 and 42 lots for sale with an average list price of $229,435.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Spruce Pine, i.e. what's hot and what's not.
See What's Hot & What's Not in Spruce PineSpruce Pine home sales for the month of October decreased in volume by 28.6% when compared to last year, while the median sale price rose by 48.8% from $215,000 to $320,000. House sales decreased by 42.9%, while the median sale price rose by 74.4% from $215,000 to $375,000. Condo sales stayed the same, while the median sale price stayed the same.
115
|
104
|
103
|
82
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$215,000
|
$245,000
|
$265,000
|
$256,500
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.