Home prices
The median home price in Spring Lake is $94,300. Compared to its nearby areas this is approximately $40,200 (29%) lower.Compared to the nation as a whole it is approximately $123,200 (56%) lower, and is approximately $154,000 (62%) lower in comparison to the city of Raleigh.
Rents
The median rent in Spring Lake is $1,032 a month. Compared to other places in this area this is approximately $246 (31%) higher.It is approximately $30 (2%) lower in comparison to the entire country, and it is roughly $89 (7%) lower in comparison to the city of Raleigh.
Nearby places
Fayetteville
Fayetteville is Spring Lake's neighbor to the south. The real estate prices there are somewhat more expensive. The median home cost in Fayetteville is $131,000, which works out to $36,700 (28%) higher than Spring Lake. Rent there is a little less expensive. The median rent in Fayetteville is $947 a month, which is $85 (8%) lower than Spring Lake.
Eastover
Eastover is roughly 12 miles southeast of Spring Lake. The housing prices there are substantially more expensive. The median home price in Eastover is $183,900, which works out to $89,600 (48%) higher than Spring Lake. Its rents are a lot less expensive. Eastover's median monthly rent is $775, which comes out to $257 (33%) lower than Spring Lake.
Wade
Wade is roughly 12 miles east of Spring Lake. The housing prices there are fairly similar. The cost of the median home in Wade is $93,800, which is very similar to Spring Lake. Its rents are significantly less expensive. The median monthly rent in Wade is $775, which comes out to $257 (33%) lower than Spring Lake.
Linden
Linden is approximately 13 miles northeast of Spring Lake. Housing prices there are a bit more expensive. The median home price in Linden is $108,700, which works out to $14,400 (13%) higher than Spring Lake. Its rents are substantially less expensive. The median rent in Linden is $680 a month, which is $352 (51%) lower than Spring Lake.
Bunnlevel
Bunnlevel is approximately 14 miles northeast from Spring Lake. Real estate prices there are a lot more expensive. The median home in Bunnlevel costs $155,100, which comes out to $60,800 (39%) higher than Spring Lake. Rents there are a lot less expensive. In Bunnlevel the median rent is $753 per month, which is $279 (37%) lower than Spring Lake.
