Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 3 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 3 |
Acreage buckets
The median price for land in Spencer, North Carolina is currently $118K per acre. For a typical parcel, the median sale price is $20K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $39K.
The median land price in Spencer, North Carolina stands at $20K. This translates to roughly $118K per acre for the typical parcel size. The average price is $28K, indicating some higher-priced properties pulling up the average.
The 12-month rate is 3.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Spencer, North Carolina saw 3 properties sold, totaling $84K in sales volume.
The top-performing broker in this market is Denali Realty and Associates LLC.
Land in Spencer, North Carolina typically sells within 38 days of listing. The median time on market is 38 days. Properties are moving quickly in the current strong buyer's market.
There are currently 7 active listings in Spencer, North Carolina. The median asking price is $30K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.