Spring Hope, NC
Full City Profile · North Carolina · Wake County County
3.0
/5.0
B
Good
1,334
Population
883/sq mi density
$35,577
Median Income
$26,721 per capita
$142,400
Home Value
$240,866 Zillow
$743
Median Rent
28.1% income on rent
61°F
Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$35,577 median income, 6.8% unemployment
A
Affordability
4.4 / 5.0
$142,400 home value, $743/mo rent
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Housing Overview
Median Home Value
$142,400
49% below
US avg: $281,900
Median Rent
$743/mo
36% below
US avg: $1,163/mo
Homeownership Rate
44.0%
33% below US avg (65.4%)
Total Housing Units
814
Median year built: 1971
Home Value by Source
Census Median
$142,400
Zillow (ZHVI)
$240,866
Redfin Median Sale
$224,000
Median Sale Price
$224,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
44.0%
Owner-Occupied
56.0%
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:
$743/mo
Market Indicators (Redfin)
Median Sale Price
$224,000
Median Days on Market
106 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$157
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
44.0%
Complete Housing Data
Home Values
| Census Median Value | $142,400 |
| Zillow Home Value (ZHVI) | $240,866 |
| Redfin Median Sale | $224,000 |
| Median Sale Price | $224,000 |
| Price Per Sq Ft | $157 |
Rent
| Census Median Rent | $743 |
| 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 | 106 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 20.0% |
| Homes Sold | 2 |
| Active Inventory | 5 |
| Price Per Sq Ft | $157 |
Ownership & Stock
| Owner-Occupied | 44.0% |
| Renter-Occupied | 56.0% |
| Homeownership Rate | 44.0% |
| Total Housing Units | 814 |
| Median Year Built | 1971 |
| Rent Burden | 28.1% |