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Newton Heights Oakland Park

SPENCER, NC 28159

Real Estate Market Report  ·  Rowan County
Seller's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 28159

Newton Heights · Oakland Park

Market Analysis

Data as of September 2026. Source: Realtor.com.

The SPENCER, NC real estate market (28159) currently shows 25 active listings, with 7 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 61 days on market compared to 83 days last year.

The median listing price has risen 0.5% year-over-year, from $229,900 to $230,950.

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Market Context

Market Context

Population: 2,954  ·  Density: 510.4/mi²  ·  Median household income: $60,449

Typical home value: $137,476  ·  Homeownership: 59.6%

Market Overview

Active Listings
25
⇩ 7.4% vs 27 last year
Pending
7
28% pending ratio
Median Price
$230,950
⇧ 0.5% vs $229,900 last year
Average Price
$216,278
⇩ 10.6% vs $241,956 last year
Days on Market
61
⇩ 26.5% vs 83 days last year

Price Per Square Foot

Median $/sqft
$153
⇩ 3.2% vs $158/sqft last year
Median Home Size
1,277 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 25 this year vs 27 last year
  • Days on market: 61 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $230,950 (+0.5% YoY)
  • Average: $216,278 (-10.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 875 listings ($387,485,772 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28159Spencer, NC 281590.0 mi25$6,211,225$246,250$248,449
28144Salisbury, NC 281441.8 mi186$56,836,578$277,450$305,573
28146Salisbury, NC 281465.5 mi158$64,609,044$355,950$408,918
28041Faith, NC 280417.5 mi1$175,000$175,000$175,000
27054Woodleaf, NC 2705411.4 mi5$2,245,395$344,925$449,079
28023China Grove, NC 2802312.8 mi67$25,480,569$336,512$380,307
28071Gold Hill, NC 2807113.7 mi8$4,052,400$519,950$506,550
28088Landis, NC 2808814.4 mi19$8,851,340$317,500$465,860
27013Cleveland, NC 2701315.6 mi24$26,848,152$490,242$1,118,673
28137Richfield, NC 2813716.7 mi9$5,115,753$504,900$568,417
27028Mocksville, NC 2702817.7 mi90$43,217,370$399,900$480,193
28124Mount Pleasant, NC 2812420.3 mi29$16,806,370$482,500$579,530
28115Mooresville, NC 2811520.6 mi254$127,036,576$462,250$500,144

Frequently Asked Questions

How many homes are for sale in SPENCER, NC 28159?

As of September 2026, there are 25 active listings in SPENCER, NC (zip code 28159), compared to 27 the prior year.

What is the median home price in SPENCER, NC 28159?

The median listing price in SPENCER, NC 28159 is $230,950 as of September 2026, a 0.5% increase from $229,900 the prior year.

How long do homes stay on the market in SPENCER, NC?

Homes in SPENCER, NC 28159 spend an average of 61 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in SPENCER, NC 28159?

Based on current inventory and days-on-market data as of September 2026, SPENCER, NC 28159 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 61 days on market compared to 83 days last year.

How much can I save on real estate commission in SPENCER, NC?

With SELL123.com's maximum 3% commission, sellers in SPENCER, NC 28159 save an estimated $4,619 compared to a typical 5% commission on the median listing price of $230,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.