The housing market in 35585 Spruce Pine, AL is thriving. The median value of homes here is $201,100, which is significantly lower than the US median value of $338,100. Furthermore, the appreciation rate of homes in this area is a robust 14.92%, compared to the US 1 year house appreciation rate of 8.27%. This makes Spruce Pine an attractive option for potential buyers, as properties will likely appreciate at a faster rate than the national average.
The median home cost in Spruce Pine (zip 35585) is $201,100. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Spruce Pine (zip 35585) is up 18.1%.
Average Age of Homes
- The median age of Spruce Pine (zip 35585) real estate is 43 years old
The Rental Market in Spruce Pine (zip 35585)
- Renters make up 18.3% of the Spruce Pine (zip 35585) population
- 0.0% of houses and apartments in Spruce Pine (zip 35585), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.