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SPRUCE PINE, NC 28777

Real Estate Market Report  ·  Mitchell County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SPRUCE PINE, NC real estate market (28777) currently shows 60 active listings, with 7 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 69 days on market compared to 74 days last year.

The median listing price has fallen 8.4% year-over-year, from $384,250 to $352,000.

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 Context

Market Context

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

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

Market Overview

Active Listings
60
⇧ 76.5% vs 34 last year
Pending
7
12% pending ratio
Median Price
$352,000
⇩ 8.4% vs $384,250 last year
Average Price
$407,028
⇩ 4.1% vs $424,364 last year
Days on Market
69
⇩ 6.8% vs 74 days last year

Price Per Square Foot

Median $/sqft
$237
⇧ 4.9% vs $226/sqft last year
Median Home Size
1,568 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 34 last year
  • Days on market: 69 now vs 74 last year

Median & Average Pricing

Year over Year
  • Median: $352,000 (-8.4% YoY)
  • Average: $407,028 (-4.1% 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
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 25.8 miles — 571 listings ($385,322,719 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28777Spruce Pine, NC 287770.0 mi51$19,141,269$340,000$375,319
28755Micaville, NC 287558.5 mi1$400,000$400,000$400,000
28657Newland, NC 2865710.9 mi71$46,222,846$496,500$651,026
28714Burnsville, NC 2871413.7 mi141$91,148,604$467,000$646,444
28740Green Mountain, NC 2874016.1 mi11$16,750,393$700,000$1,522,763
28646Linville, NC 2864617.5 mi15$24,060,690$949,597$1,604,046
28611Collettsville, NC 2861119.6 mi4$1,561,332$485,000$390,333
28622Elk Park, NC 2862220.9 mi14$11,327,540$586,725$809,110
28709Barnardsville, NC 2870921.4 mi7$4,721,500$657,000$674,500
28757Montreat, NC 2875722.3 mi3$2,792,451$849,000$930,817
28711Black Mountain, NC 2871124.9 mi123$98,881,914$665,725$803,918
28754Mars Hill, NC 2875425.2 mi75$49,194,750$488,250$655,930
37650Erwin, TN 3765025.8 mi55$19,119,430$302,450$347,626

Frequently Asked Questions

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

As of March 2026, there are 60 active listings in SPRUCE PINE, NC (zip code 28777), compared to 34 the prior year.

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

The median listing price in SPRUCE PINE, NC 28777 is $352,000 as of March 2026, a 8.4% decrease from $384,250 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 69 days on the market before going under contract, compared to 74 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 March 2026, SPRUCE PINE, NC 28777 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 74 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 $7,040 compared to a typical 5% commission on the median listing price of $352,000. 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.