Home prices
The median home in Spruce Pine costs $153,800. Compared to its surrounding areas this is approximately $22,000 (16%) higher.Compared to the rest of the nation it is roughly $63,700 (29%) lower, and is about $66,500 (30%) lower compared to the city of Charlotte.
Rents
The median rent in Spruce Pine is $584 a month. In comparison to other places in this area it is approximately $16 (2%) higher.Compared to the rest of the nation it is approximately $478 (45%) lower, and it is approximately $551 (48%) lower compared to the city of Charlotte.
Nearby places
Bakersville
Bakersville is roughly 8 miles northwest of Spruce Pine. Housing prices there are a bit less expensive. The median home in Bakersville costs $138,600, which is $15,200 (10%) lower than Spruce Pine. Rents there are a little less expensive. In Bakersville the median monthly rent is $458, which works out to $126 (27%) lower than Spruce Pine.
Burnsville
Burnsville is approximately 10 miles west from Spruce Pine. Real estate prices there are a bit more expensive. The median home in Burnsville is valued at $188,900, which is $35,100 (18%) higher than Spruce Pine. Rent there is a bit less expensive. The median rent in Burnsville is $542 a month, which works out to $42 (7%) lower than Spruce Pine.
Newland
Newland is about 14 miles northeast from Spruce Pine. The housing prices there are a little less expensive. The median home in Newland is valued at $143,800, which works out to $10,000 (6%) lower than Spruce Pine. Rent there is a bit more expensive. The median monthly rent in Newland is $667, which works out to $83 (12%) higher than Spruce Pine.
Marion
Marion is about 17 miles south of Spruce Pine. The real estate prices there are significantly less expensive. The median home price in Marion is $89,200, which works out to $64,600 (72%) lower than Spruce Pine. The rent there is fairly similar. The median monthly rent in Marion is $598, which works out to $14 (2%) higher than Spruce Pine.
Elk Park
Elk Park is about 18 miles north from Spruce Pine. Real estate prices there are significantly less expensive. The value of the median home in Elk Park is $98,500, which comes out to $55,300 (56%) lower than Spruce Pine. The rent there is similar. In Elk Park the median rent is $575 per month, which works out to $9 (1%) lower than Spruce Pine.
