Spencer, NC Housing Market & City Data

Explore key insights and real experiences from people who call Spencer home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

3,257
Population Estimate
$100,169
Median Home Value
88.5%
Employment Rate
19.0%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$169
Median Listing Price$229,000
Median Days on Market65
Active Listings20
New Listings8
Total Listings (Active + Pending)27
Avg Listing Price$214,852
Avg Listing Price Change MoM-1%
Avg Listing Price Change YoY-13%

HOUSEHOLD OVERVIEW

Family Size3.22
Family Dual Income38.8
Median Household Income$53,163
Median Individual Income$24,448
Home Ownership57.2%
Home Value$100,169
Median Rent$926
Rent Burden30.1%
Poverty23.0%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED20.5%
  • Highschool Education26.9%
  • Some College33.7%
  • Bachelors Degree13.9%
  • Graduate Degree5.1%
  • Total College or Above19.0%
  • Stem Degree36.7%

GENDER BREAKDOWN

  • Male53.1%
  • Female46.9%

MARITAL STATUS

  • Married38.3%
  • Divorced15.8%
  • Never Married37.4%
  • Widowed8.4%

CITY DATA & AGE BREAKDOWN

CITY DATA

CitySpencer
State IDNC
Population3,257

AGE BREAKDOWN

Age Group% of Population
Under 1825.2%
19–2914.3%
30–3917.3%
40–499.4%
Age Group% of Population
50–5911.6%
60–6912.0%
70–797.4%
80+2.4%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation59.4%
Unemployment Rate11.5%
Disabled15.9%

ETHNICITY

White51.5%
Black39.6%
Asian1.0%
Native American0.0%
Pacific Islander0.0%
Other5.0%
Multiple2.9%

OTHER

Hispanic7.1%
Limited English4.9%
Health Uninsured14.1%
Veteran6.0%

Local Discussions

Community questions and conversations about living in Spencer, NC.

  1. Is Spencer, NC a good place to buy a house?

    Local perspectives on Spencer home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Spencer, NC for families?

    Local insights on Spencer neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Spencer, NC housing market?

    Local insights on Spencer home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Spencer, NC?

    Compare Spencer home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Spencer, NC?

    Explore Spencer neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Spencer, NC?

    Learn how Spencer home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Spencer, NC?

    Learn how Spencer property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Spencer, NC for first-time home buyers?

    Explore Spencer neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Spencer, NC?

    Local perspectives on Spencer neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Spencer, NC?

    What newcomers should know about Spencer housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Spencer, NC

Neighborhoods in Spencer, NC

Get to know neighborhoods in Spencer, ordered by the number of properties in the provider sample.

  • Henderson Estates, Spencer

    Henderson Estates ↗

    Median asking price
    $334,900
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    26
    D

    Nearby schools · estimated

    2/10 · 6 schools

  • Forestdale, Spencer

    Forestdale ↗

    Median asking price
    $207,000
    / sq ft
    —
    Active listings
    Not available
    properties in discovery sample
    13
    D

    Nearby schools · estimated

    2/10 · 3 schools

Data as of . Listing snapshots from Redfin; nearby-school rating estimates.

About these neighborhood estimates

Prices and counts describe active listings returned by the provider, excluding coming-soon and nearby search results. They are asking prices, not sold prices, and may not include every home for sale.

Nearby-school grades are FastExpert estimates from the average available ratings of unique public schools returned for sampled neighborhood properties. A: 8–10; B: 6–under 8; C: 4–under 6; D: 2–under 4; F: 1–under 2. Unrated schools are excluded. Nearby schools may not be assigned to a specific address.

Photos show identified local landmarks. Five neighborhoods are shown, ordered by property count. Median asking price breaks a tie.