Property prices for sale in Spruce Pine (North Carolina)

The prices in real estate in Spruce Pine, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$361,882.17
Average price last 6 months
$3,047.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Spruce Pine has increased strongly during the last 6 months. In September, the average price per sq.feet was $1,638. In the following month the price per sq.feet decreased considerably to $1,392. In the following two months the price per sq.feet has increased 108 %, going from $1,515 to $1,631.5 per sq.feet. The price per sq.feet has had a considerable increase of 381 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,573.25 to $5,996.5 during January, and February.

Average price

Based upon to the price in Spruce Pine (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $381,807. In October This price remains at $381,513. In the following two months the average price has remained the same with regard to the previous two months from $381,660 to $391,534. During the last two months the average price has had a strong fall compared to the previous four going from $386,597 to $312,452.5, which means a 81 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $317,629 they are 21 % more affordable than the average price for Spruce Pine. The properties with the highest average price have 4 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 3 bedrooms priced at $449,194.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $164 / sq.feet, with an average $6,022 / sq.feet price in Spruce Pine. The properties with the lowest average prices have 1 bedroom. They are 92 % cheaper than the average followed by properties with 3 bedrooms with a price at $231 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $317,629 it is 57 % cheaper than the average price in Spruce Pine. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $137,469 it is 24 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $218 / sq.feet followed by "Land" priced at $38,306 / sq.feet. "Land" is the most costly type of property with a $38,306 / sq.feet cost followed by "House" with an average price of $218 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Spruce Pine
Number of properties used in region North Carolina
$317,629
$6,022
1,000
904,064
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value