The housing market in Spindale, NC has been booming over the past year. The current median value of a house is $130,200, which is significantly lower than the US median value of $338,100. However, appreciation rates for houses in Spindale have been steadily increasing. In the last year alone, houses in Spindale have appreciated by 19%, which is significantly higher than the US average of 8.27%. With increasing appreciation rates and more affordable home prices than many other parts of the country, Spindale is becoming an increasingly attractive destination for potential homeowners.
The median home cost in Spindale is $130,200. Home appreciation the last 10 years has been 120.6%. Home Appreciation in Spindale is up 25.0%.
Average Age of Homes
- The median age of Spindale real estate is 55 years old
The Rental Market in Spindale
- Renters make up 33.9% of the Spindale population
- 1.5% of houses and apartments in Spindale, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.