NC area data
Spencer, NC
Spencer, NC.
Population: 3,250 (Census ACS)
The median home value in Spencer, NC is $206,086 — down 4.9% over the past year. Homes sell for a median $235,000 after a median 66 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coldwave, icestorm, drought the top-rated hazards. Cost of living is 7.5% below the US average (BEA, metro/state-level).
$206,086
Median home value
-4.9%
1-year change
66
Median days on market
Relatively Moderate
Hazard risk (county)
Home values & appreciation
- Median home value
- $206,086
- 1-year appreciation
- -4.9%
- 3-year appreciation
- +2.9%
- 5-year appreciation
- +27.8%
- 10-year appreciation
- +147.9%
- All-time peak (2024-07)
- $224,410
- House Price Index (state)
- 438.2 (+1.0% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $235,000
- Median list price
- $224,000
- Median price per sqft
- $170
- 1-year sale-price change
- +14.1%
- Median days on market
- 66 days
- Homes sold (recent period)
- 15
- For-sale inventory
- 19
- Sale-to-list ratio
- 94.0%
- Active listings
- 20
- 1-year forecast
- +0.5%
- New listings (monthly)
- 5
Source: recent area sales and market data (ZIP-level)
Rents
- Studio fair-market rent
- $908/mo
- 1BR fair-market rent
- $1,135/mo
- 2BR fair-market rent
- $1,308/mo
- 3BR fair-market rent
- $1,700/mo
- 4BR fair-market rent
- $1,962/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (Below Average)
- 92.5 (100 = US avg)
- Electricity rate (state-level)
- 14.0¢/kWh
- Natural gas rate (state-level)
- $16.40/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
- Schools include
- North Rowan High, North Rowan Middle, North Rowan Elementary
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Moderate
- Top hazards (county)
- coldWave, iceStorm, drought, inlandFlooding, lightning
- Notable hazard ratings (county)
- coldWave: Relatively High · drought: Relatively Moderate · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low
- FEMA flood zone
- A05
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 37% of US counties
- Buildings in wildfire direct-exposure zone
- 75.9%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- National Starch & Chemical Corp. (7.5 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Annual precipitation
- 47.1 in
- USDA plant hardiness zone
- 8a (extreme annual low 10 to 15°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 47
- Days with Good air quality
- 210
- Days with Moderate air quality
- 150
- Highest AQI recorded (year)
- 122
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 9.5 / 20
- Transit service frequency
- -99,999
- Jobs reachable by car (30 min)
- 21,696
- Jobs reachable by transit (45 min)
- 21,088
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- Guilford Courthouse National Military Park (45 mi)
- Airports within 30 mi
- 56
- Nearest airport
- Mid-Carolina Regional Airport (SRW) (6 mi)
- Nearest major airport
- Concord-Padgett Regional Airport (USA) (26 mi)
- Hospitals nearby (~15 mi)
- 3
- Hospitals include
- NOVANT HEALTH ROWAN MEDICAL CENTER, W.G. (BILL) HEFNER SALISBURY VA MEDICAL CENTER (SALSBURY), NOVANT HEALTH THOMASVILLE MEDICAL CENTER
- Avg hospital rating (CMS)
- 3.0 / 5
- Best hospital rating nearby (CMS)
- 4.0 / 5
- Solar radiation rating
- Fair (4.5 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- +982 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,952
- Housing built before 1970
- 68.4%
- Housing built 2000 or later
- 15.6%
- Median annual property tax
- $1,852
- Mean commute to work
- 24 min
- Households with broadband internet
- 78.4%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 42,562
- Average weekly wage
- $1,027
- Top industries (by employment)
- Health Care, Accommodation & Food, Construction
- Annual residential building permits (county)
- 179
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| Spencer | State median | US median | |
|---|---|---|---|
| Median home value | $206,086 | $287,250 | $289,727 |
| Median sale price | $235,000 | $330,000 | $325,000 |
| Median days on market | 66 days | 70 days | 51 days |
| Median annual property tax | $1,852 | $1,366 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in Spencer, NC?
- $206,086.
- What is the median sale price in Spencer, NC?
- $235,000.
- How long do homes take to sell in Spencer, NC?
- Median days on market: 66 days.
- What is typical rent in Spencer, NC?
- 2-bedroom fair-market rent: $1,308/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
- What is the natural-hazard risk in Spencer, NC?
- Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coldWave, iceStorm, drought, inlandFlooding, lightning.
- Is Spencer, NC in a flood zone?
- High (FEMA NFIP). FEMA flood zone A05.
- What is the wildfire risk in Spencer, NC?
- Risk to homes is higher than 37% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in Spencer, NC?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near Spencer, NC?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve Spencer, NC?
- 3 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
- Is Spencer, NC walkable?
- Walkability index: 9.5/20 (EPA Smart Location Database).
- What is the air quality in Spencer, NC?
- Good. Median AQI: 47. (EPA AQI).
- What is the cost of living in Spencer, NC?
- Regional Price Parity: 92.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).
ZIP code for Spencer
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →