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Spring Lake, NC

Full City Profile · North Carolina · Cumberland County County

3.1 /5.0
B Good
11,613 Population 492/sq mi density
$50,497 Median Income $23,923 per capita
$101,300 Home Value $256,009 Zillow
$1,228 Median Rent 28.7% income on rent
62°F Avg Temperature 310 sunny days/yr
654 Violent Crime/100K 4,564 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$50,497 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$101,300 home value, $1,228/mo rent
F
Safety
1.0 / 5.0
654 violent crimes/100K (72% above avg)
C+
Education
3.0 / 5.0
24.8% bachelor's degree or higher

Housing Overview

Median Home Value
$101,300
64% below
US avg: $281,900
Median Rent
$1,228/mo
6% above
US avg: $1,163/mo
Homeownership Rate
21.5%
67% below US avg (65.4%)
Total Housing Units
5,294
Median year built: 1991

Home Value by Source

Census Median
$101,300
Zillow (ZHVI)
$256,009
Median Sale Price
$210,000
Median List Price
$215,949
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

21.5%
Owner-Occupied
78.5%
Renter-Occupied
22%
79%
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: $1,228/mo · Zillow rent: $1,404/mo

Market Indicators (Redfin)

Median Days on Market
86 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
41.7%
of listings with price reduction
Price Per Sq Ft
$149
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
28.7%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
21.5%

Complete Housing Data

Home Values

Census Median Value$101,300
Zillow Home Value (ZHVI)$256,009
Median Sale Price$210,000
Median List Price$215,949
Price Per Sq Ft$149

Rent

Census Median Rent$1,228
Zillow Rent (ZORI)$1,404
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 Market86
Sale-to-List Ratio1.0%
Price Drops41.7%
Homes Sold5
Active Inventory12
Price Per Sq Ft$149

Ownership & Stock

Owner-Occupied21.5%
Renter-Occupied78.5%
Homeownership Rate21.5%
Total Housing Units5,294
Median Year Built1991
Rent Burden28.7%