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East Spencer, NC
Full City Profile · North Carolina · Rowan County County
2.5
/5.0
C+
Fair
1,309
Population
534/sq mi density
$34,696
Median Income
$28,733 per capita
$108,500
Home Value
$199,944 Zillow
$733
Median Rent
40.5% income on rent
59°F
Avg Temperature
310 sunny days/yr
452
Violent Crime/100K
1,613 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$34,696 median income, 4.8% unemployment
A+
Affordability
4.9 / 5.0
$108,500 home value, $733/mo rent
F
Safety
1.0 / 5.0
452 violent crimes/100K (19% above avg)
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher
Housing Overview
Median Home Value
$108,500
62% below
US avg: $281,900
Median Rent
$733/mo
37% below
US avg: $1,163/mo
Homeownership Rate
52.2%
20% below US avg (65.4%)
Total Housing Units
743
Median year built: 1966
Home Value by Source
Census Median
$108,500
Zillow (ZHVI)
$199,944
Median Sale Price
$200,000
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
52.2%
Owner-Occupied
47.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$733/mo
Market Indicators (Redfin)
Median Days on Market
104 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
27.8%
of listings with price reduction
Price Per Sq Ft
$176
Active Inventory
18
homes for sale
Affordability & Housing Stock
Rent Burden
40.5%
of renters spending 30%+ of income on housing
31% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
52.2%
Complete Housing Data
Home Values
| Census Median Value | $108,500 |
| Zillow Home Value (ZHVI) | $199,944 |
| Median Sale Price | $200,000 |
| Median List Price | $285,000 |
| Price Per Sq Ft | $176 |
Rent
| Census Median Rent | $733 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 104 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.8% |
| Homes Sold | 4 |
| Active Inventory | 18 |
| Price Per Sq Ft | $176 |
Ownership & Stock
| Owner-Occupied | 52.2% |
| Renter-Occupied | 47.8% |
| Homeownership Rate | 52.2% |
| Total Housing Units | 743 |
| Median Year Built | 1966 |
| Rent Burden | 40.5% |