Current Price

$242,584

1 Month Forecast

â–² $255,992

1-Year Forecast *

â–² $273,724

5-Year Forecast *

â–² $319,933

"Is it a good time to buy homes in Spruce Pine?" "Does investing in real estate in Spruce Pine (North Carolina State, Mitchell County) worth it?" According to our live Forecast System, buying a house in Spruce Pine is a good short-term (1-year) investment*. The Spruce Pine average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Spruce Pine" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Spruce Pine in North Carolina State, Mitchell County. If you are looking for homes for sale with good flipping profit, Spruce Pine can be a profitable property investment option. The median price of an average house in Spruce Pine was 242,584 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spruce Pine" area is 319,933 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +31.89% meaning that investing 100000 USD today may yield a profit of 31,885 USD by 2031.

Current Median Listing Price: 242,584 USD Median Listing Price Per Square Foot: 135 USD

Spruce Pine Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Spruce Pine (North Carolina State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Spruce Pine Price Target

Spruce Pine median home price target in 12 months: $273,724* (upside of 12.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $254,131 $254,239 $254,131 $256,147
2024 $233,207 $242,584 $232,617 $242,584
2023 $220,841 $234,190 $220,841 $239,422
2022 $189,039 $219,036 $189,039 $219,036
2021 $162,382 $185,899 $162,382 $185,899
2020 $142,345 $159,411 $142,345 $159,411
2019 $136,075 $141,405 $136,075 $141,405
2018 $130,244 $135,171 $130,244 $135,171
2017 $125,532 $130,070 $125,116 $130,070
2016 $121,873 $125,130 $121,317 $125,130
2015 $118,396 $121,847 $118,396 $122,231
2014 $115,619 $118,383 $115,619 $119,126
2013 $112,933 $115,369 $112,933 $115,369
2012 $113,970 $113,009 $113,009 $115,646

Questions & Answers about the Spruce Pine Housing Market Forecast

How much does an average home cost in Spruce Pine today?

The value of an average home (the listing price) in Spruce Pine is $242,584 USD.

What is the average price per square foot in Spruce Pine?

According to Walletinvestor the median price per square foot in Spruce Pine is 135 USD.

Will the median listing price of homes in Spruce Pine grow / rise / go up?

Yes. The Spruce Pine home prices may rise from 242,584 USD to 273,724 USD in one year.

Is it profitable to invest in Spruce Pine homes?

Yes. The long-term profit potential is +12.84% in one year.

Will Spruce Pine house prices fall / drop?

No. See above.

What is the predicted price of a Spruce Pine home in 2030?

The predicted home sales price of a Spruce Pine home in 2030 in Spruce Pine is 306,164 USD.

What is the predicted price of a Spruce Pine home in 2035?

The predicted home sales price of a Spruce Pine home in 2035 in Spruce Pine is 376,521 USD.

Will real estate prices decrease in Spruce Pine?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Spruce Pine is the 6396. largest city in the United States, located in North Carolina State.

During the last 12 months the real estate prices in Mitchell, Spruce Pine decreased, looking at the past 12 months.

According to Walletinvestor's Spruce Pine real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.048% to 242,584 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.407% in 2021
  • 11.187% in 2022
  • 14.177% in 2023
  • 11.587% in 2024
  • 11.047% in 2025
  • 12.537% in 2026

Based on our Spruce Pine real estate market research and report the predicted sales prices will increase by 234.581% in the next 10 years.

Over the last 12 months, the value of homes in Spruce Pine fluctuated: increasing 2 times and decreasing 2 times.

Spruce Pine (North Carolina) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Spruce Pine Housing Market Forecast with Real Estate Prices for 2025
August 2025 255992 235257 276728
September 2025 257758 239715 275801
October 2025 259537 236957 282116
November 2025 261327 235717 286937
December 2025 263130 245763 280496
Spruce Pine Housing Market Forecast with Real Estate Prices for 2026
January 2026 264088 240320 287856
February 2026 264919 250349 279490
March 2026 266536 240949 292124
April 2026 268136 250171 286101
May 2026 269986 256217 283755
June 2026 271848 247654 296043
July 2026 273724 247446 300001
August 2026 275612 249429 301795
September 2026 277513 256422 298604
October 2026 279428 254279 304576
November 2026 281355 263911 298799
December 2026 282605 266497 298714
Spruce Pine Housing Market Forecast with Real Estate Prices for 2027
January 2027 282212 261893 302532
February 2027 282205 262733 301677
March 2027 282857 259097 306617
April 2027 284715 261653 307777
May 2027 286679 264891 308467
June 2027 288657 265853 311461
July 2027 290648 270303 310993
August 2027 292653 273045 312261
September 2027 294672 274634 314709
October 2027 296705 275935 317474
November 2027 297955 271139 324771
December 2027 297090 267381 326799
Spruce Pine Housing Market Forecast with Real Estate Prices for 2028
January 2028 295988 280301 311676
February 2028 294891 265992 323790
March 2028 293961 265153 322770
April 2028 293253 273899 312608
May 2028 292166 265579 318753
June 2028 291427 267239 315616
July 2028 292442 276650 308234
August 2028 294460 279442 309477
September 2028 296491 281073 311908
October 2028 297875 275534 320215
November 2028 298129 272490 323768
December 2028 298281 278595 317968
Spruce Pine Housing Market Forecast with Real Estate Prices for 2029
January 2029 298400 269157 327643
February 2029 299508 269557 329458
March 2029 300563 285535 315591
April 2029 302460 284917 320002
May 2029 304546 281705 327387
June 2029 305987 280284 331690
July 2029 306164 276772 335555
August 2029 306682 284908 328457
September 2029 306961 282712 331211
October 2029 306307 286091 326524
November 2029 305171 285640 324702
December 2029 307277 278085 336468
Spruce Pine Housing Market Forecast with Real Estate Prices for 2030
January 2030 309396 287120 331673
February 2030 311531 288166 334896
March 2030 313680 284821 342538
April 2030 315844 294366 337321
May 2030 316994 294171 339818
June 2030 317992 288418 347565
July 2030 319933 299457 340409
August 2030 321853 300611 343096
September 2030 324073 295555 352592
October 2030 326309 301510 351109
November 2030 328560 298661 358459
December 2030 330827 298075 363579
Spruce Pine Housing Market Forecast with Real Estate Prices for 2031
January 2031 333109 315454 350764
February 2031 335407 315953 354860
March 2031 337721 312054 363387
April 2031 339221 319207 359235
May 2031 338749 318424 359074
June 2031 338741 311980 365501
July 2031 339523 305571 373475
August 2031 341753 312362 371144
September 2031 344111 317270 370951
October 2031 346485 326389 366581
November 2031 348875 318523 379227
December 2031 351282 329502 373061
Spruce Pine Housing Market Forecast with Real Estate Prices for 2032
January 2032 353705 319749 387661
February 2032 356145 333708 378582
March 2032 357646 328676 386615
April 2032 356608 324513 388702
May 2032 355285 331126 379445
June 2032 353968 324942 382993
July 2032 352852 328505 377199

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.