East Spencer, NC

Leaning buyer's+55.1% YoY

Housing market overview · Updated weekly

$200,000median sale price

Homes sold

4

Last 12 weeks

Days on market

104

Average pace

Active listings

18

4.5 months supply

Sale-to-list

99.7%

Below asking

The East Spencer housing market is currently classified as a leaning buyer's with a median sale price of $200,000. Prices have risen 55.1% compared to last year, with homes spending an average of 104 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in East Spencer

There are currently 18 homes listed for sale in East Spencer, North Carolina. The median listing price is $285K.

Active listings

18

Homes on market

Median list price

$285K

Avg. days on market

104

Days until sale

New this week

4

Newly listed

Price drops:27.8%of listings
Sale-to-list:99.7%

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Frequently asked questions

What is the average home price in East Spencer?

The median home sale price in East Spencer is $200,000, up 55.1% from last year.

How long do homes stay on market in East Spencer?

Homes typically spend 104 days on market before going under contract.

Is East Spencer a buyer's or seller's market?

With 4.5 months of supply, East Spencer is currently a leaning buyer's.

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