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SPRUCE PINE, NC 28777

Real Estate Market Report  ·  Mitchell County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
54
⇧ 35% vs 40 last year
Pending
10
19% pending ratio
Median Price
$347,000
⇩ 10.8% vs $389,028 last year
Average Price
$481,046
⇧ 10.1% vs $437,025 last year
Days on Market
109
⇧ 9% vs 100 days last year

Market Context

Population: 10,723  ·  Density: 57.7/mi²  ·  Median household income: $57,154

Typical home value: $180,587  ·  Homeownership: 78.9%

Market Analysis

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

The SPRUCE PINE, NC real estate market (28777) currently shows 54 active listings, with 10 pending sales. Homes are averaging 109 days on the market before going under contract.

Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 109 days on market compared to 100 days last year.

The median listing price has fallen 10.8% year-over-year, from $389,028 to $347,000.

Whether you are buying or selling in SPRUCE PINE, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 54 this year vs 40 last year
  • Days on market: 109 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $347,000 (-10.8% YoY)
  • Average: $481,046 (+10.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.8 miles — 594 listings ($401,601,893 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28777Spruce Pine, NC 287770.0 mi54$25,976,484$347,000$481,046
28755Micaville, NC 287558.5 mi1$400,000$400,000$400,000
28657Newland, NC 2865710.9 mi77$41,316,660$498,000$536,580
28714Burnsville, NC 2871413.7 mi158$104,960,032$495,000$664,304
28740Green Mountain, NC 2874016.1 mi12$13,550,664$575,000$1,129,222
28646Linville, NC 2864617.5 mi14$23,686,362$974,299$1,691,883
28611Collettsville, NC 2861119.6 mi4$1,564,000$485,000$391,000
28622Elk Park, NC 2862220.9 mi17$12,994,018$549,900$764,354
28709Barnardsville, NC 2870921.4 mi7$3,963,050$632,500$566,150
28757Montreat, NC 2875722.3 mi3$3,876,000$1,292,000$1,292,000
28711Black Mountain, NC 2871124.9 mi122$101,464,838$699,000$831,679
28754Mars Hill, NC 2875425.2 mi77$51,510,921$475,000$668,973
37650Erwin, TN 3765025.8 mi48$16,338,864$299,999$340,393

Frequently Asked Questions

How many homes are for sale in SPRUCE PINE, NC 28777?

As of January 2026, there are 54 active listings in SPRUCE PINE, NC (zip code 28777), compared to 40 the prior year.

What is the median home price in SPRUCE PINE, NC 28777?

The median listing price in SPRUCE PINE, NC 28777 is $347,000 as of January 2026, a 10.8% decrease from $389,028 the prior year.

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

Homes in SPRUCE PINE, NC 28777 spend an average of 109 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in SPRUCE PINE, NC 28777?

Based on current inventory and days-on-market data as of January 2026, SPRUCE PINE, NC 28777 is currently a Buyer's Market. Inventory has increased compared to last year, with 14 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 109 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPRUCE PINE, NC 28777 save an estimated $6,940 compared to a typical 5% commission on the median listing price of $347,000. 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.