Market report, updated

Market Report

Search in the city of Spencer

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Report prepared by Mhomesgroup.com The M Homes Group
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Market at a glance

Over the last 6 months, homes sold for 102.8% of list price in 93 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $215K Sold · $206K
$320K$270K$220K$170K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 10 sales in Jun. Last month: 4.

Where the market stands

All homes in this report, by status.

85homes
Active46 · 54%
Under contract5 · 6%
Sold (6 mo)34 · 40%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

9.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$204K
Under contract$235K
Sold$236K

Average days on market

Active149 days
Under contract90 days
Sold93 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 46
Average list price $203,541
Avg. days on market 149 days
Avg. price per ft² $168 Based on 35 of 46 homes
Avg. living area 1,501 ft² Based on 35 of 46 homes
Avg. beds / baths 3.2 / 2.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

$600K$400K$200K$0

Price vs. living area: 35 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

12 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

960 Riverview Road$657
104 9th Street$236
106 9th Street$236
1129 3rd Street$214
902 4th Street$205
511 S Carolina Avenue$204
1212 S Salisbury Avenue$191

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1130 Rosetta DriveSpencer, NC 28144 331,596$260,380$1632 days
1124 Rosetta DriveSpencer, NC 28144 331,507$257,030$1702 days
1120 Rosetta DriveSpencer, NC 28144 331,507$253,730$1682 days
1114 Rosetta DriveSpencer, NC 28144 331,596$259,880$1622 days
1115 Rosetta DriveSpencer, NC 28144 331,596$239,030$1492 days
1109 Rosetta DriveSpencer, NC 28144 331,507$229,730$1522 days
1121 Rosetta DriveSpencer, NC 28144 331,596$246,730$1542 days
704 6th StreetSpencer, NC 28159 331,300$239,900$1844 days
706 6th StreetSpencer, NC 28159 331,300$239,800$1844 days
104 9th StreetSpencer, NC 28159 21784$185,595$2360 days
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither The M Homes Group nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .