Comprehensive market data and analysis• Updated Oct 2026
129.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 3 |
| 1-2 acres | - | - | - | 3 |
| 2-5 acres | 1 | 1 | 2 | 2 |
| 5-10 acres | - | - | 1 | 3 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 1 | 4 | 11 |
Acreage buckets
The median price for land in Spruce Pine, North Carolina is currently $24K per acre. For a typical parcel, the median sale price is $32K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $15K while premium lots reached $77K.
Spruce Pine, North Carolina is currently a strong buyer's market with 129.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Spruce Pine, North Carolina currently has 129.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 43 active listings in Spruce Pine, North Carolina. 10 new listings have hit the market in the last 90 days. The median asking price is $90K.
The 3-month absorption rate in Spruce Pine, North Carolina is 0.8%. The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Spruce Pine, North Carolina stands at $32K. This translates to roughly $24K per acre for the typical parcel size. The average price is $41K, indicating some higher-priced properties pulling up the average.
Over the past 12 months, Spruce Pine, North Carolina saw 11 properties sold, totaling $455K in sales volume. In just the last 3 months, 1 properties changed hands.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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