Current Price

$204,026

1 Month Forecast

â–² $206,953

1-Year Forecast *

â–² $222,887

5-Year Forecast *

â–² $258,904

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (North Carolina State, Rowan County) worth it?" According to our live Forecast System, buying a house in Spencer is a acceptable short-term (1-year) investment*. The Spencer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Spencer" 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 Spencer in North Carolina State, Rowan County. If you are looking for homes for sale with good flipping profit, Spencer can be a profitable property investment option. The median price of an average house in Spencer was 204,026 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 258,904 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +26.90% meaning that investing 100000 USD today may yield a profit of 26,897 USD by 2031.

Current Median Listing Price: 204,026 USD Median Listing Price Per Square Foot: 113 USD

Spencer 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.

Spencer (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.

Spencer Price Target

Spencer median home price target in 12 months: $222,887* (upside of 9.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $211,530 $205,562 $205,562 $211,530
2024 $194,675 $204,026 $194,675 $205,728
2023 $178,562 $194,476 $177,907 $194,476
2022 $158,696 $179,853 $158,696 $181,049
2021 $129,955 $155,564 $129,955 $155,564
2020 $105,466 $126,998 $105,466 $126,998
2019 $94,379 $104,220 $94,379 $104,220
2018 $86,343 $94,180 $86,343 $94,308
2017 $77,464 $85,793 $77,464 $85,793
2016 $72,157 $77,306 $72,157 $77,306
2015 $64,951 $70,699 $63,968 $70,699
2014 $59,996 $65,179 $59,996 $65,307
2013 $57,060 $60,382 $57,060 $60,742
2012 $56,946 $57,049 $0 $58,689

Questions & Answers about the Spencer Housing Market Forecast

How much does an average home cost in Spencer today?

The value of an average home (the listing price) in Spencer is $204,026 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 113 USD.

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

Yes. The Spencer home prices may rise from 204,026 USD to 222,887 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +9.24% in one year.

Will Spencer house prices fall / drop?

No. See above.

What is the predicted price of a Spencer home in 2030?

The predicted home sales price of a Spencer home in 2030 in Spencer is 248,422 USD.

What is the predicted price of a Spencer home in 2035?

The predicted home sales price of a Spencer home in 2035 in Spencer is 300,741 USD.

Will real estate prices decrease in Spencer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Spencer is the 12163. largest city in the United States, located in North Carolina State.

During the last 12 months the real estate prices in Rowan, Spencer decreased, looking at the past 12 months.

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

Median home values decreased by 2.790% to 204,026 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 9.574% in 2021
  • 10.194% in 2022
  • 10.704% in 2023
  • 8.774% in 2024
  • 11.044% in 2025
  • 8.684% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 142.096% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: decreasing 4 times.

Spencer (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
Spencer Housing Market Forecast with Real Estate Prices for 2025
August 2025 206953 187913 225993
September 2025 208353 196894 219813
October 2025 209763 194450 225075
November 2025 211182 194287 228077
December 2025 212611 193688 231533
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 214049 201634 226464
February 2026 215498 201921 229074
March 2026 216956 199816 234095
April 2026 218424 200950 235897
May 2026 219901 207147 232656
June 2026 221389 202571 240207
July 2026 222887 206393 239381
August 2026 224395 205322 243469
September 2026 225913 208744 243083
October 2026 227442 211748 243135
November 2026 228981 215471 242491
December 2026 229934 215678 244190
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 229353 208023 250683
February 2027 228802 217362 240242
March 2027 228839 216253 241425
April 2027 228415 216080 240749
May 2027 227604 206437 248772
June 2027 226805 212743 240867
July 2027 226769 213843 239694
August 2027 228303 211865 244741
September 2027 229445 212237 246654
October 2027 230998 218986 243009
November 2027 232560 213491 251630
December 2027 234134 220788 247480
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 235718 221811 249625
February 2028 237313 213582 261044
March 2028 238919 226495 251342
April 2028 240006 225126 254887
May 2028 240252 216467 264037
June 2028 241657 224983 258331
July 2028 243292 219693 266891
August 2028 244938 231956 257920
September 2028 246595 225881 267309
October 2028 248264 229396 267132
November 2028 249488 236765 262212
December 2028 249257 236296 262218
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 248373 235954 260792
February 2029 247533 226245 268821
March 2029 247200 231379 263020
April 2029 247886 235244 260528
May 2029 249563 232842 266284
June 2029 249306 233849 264763
July 2029 248422 236001 260843
August 2029 247541 233183 261898
September 2029 246663 224217 269109
October 2029 245870 222266 269473
November 2029 245308 224702 265914
December 2029 246967 225728 268207
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 248638 232477 264800
February 2030 250321 232548 268093
March 2030 252014 235381 268647
April 2030 253719 228855 278584
May 2030 255436 237555 273316
June 2030 257164 241477 272851
July 2030 258904 239227 278581
August 2030 260656 237979 283333
September 2030 262419 239064 285775
October 2030 264195 243324 285066
November 2030 265982 250821 281143
December 2030 267782 252251 283313
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 269594 255036 284152
February 2031 271418 251333 291503
March 2031 273254 251940 294568
April 2031 274392 257929 290856
May 2031 273699 247971 299426
June 2031 273041 255567 290516
July 2031 273085 249053 297116
August 2031 272579 253498 291659
September 2031 271612 249611 293613
October 2031 270658 247381 293934
November 2031 270615 243824 297405
December 2031 272445 257461 287430
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 273809 247523 300094
February 2032 275661 248095 303227
March 2032 277526 254769 300283
April 2032 279404 263757 295051
May 2032 281294 254290 308299
June 2032 283198 259126 307269
July 2032 285114 260594 309633

> 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.