Housing & Real Estate — Spencer, North Carolina

Overview

Total Housing Units1,541
Occupied1,351
Vacant190
Owner-Occupied869
Renter-Occupied482
Median Home Value (Census)$201,700
Estimated 2026~$255,000
Median Rent$1,042/mo
Median Property Tax$1,827/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income19.1%
Severely Rent-Burdened44.9%

Housing Age

Built 2010 or later18
Built 2000-2009226
Built 1990-1999105
Built before 19601,001
Median Year Built1958
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.