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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).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$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)
EPA recommends radon testing for every home regardless of zone.

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

SpencerState medianUS median
Median home value$206,086$287,250$289,727
Median sale price$235,000$330,000$325,000
Median days on market66 days70 days51 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

Selling a home in Spencer, NC?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents