Market Summary

Spruce Pine, Mitchell County, NC

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Median Home Price Price

$245,660 $245.7K

Median Monthly Rent Rent

$888 $888

GRM

23.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Mitchell County

Region Price Rent GRM Display
$221,192 $1,023 18.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Mitchell County

Region Price Rent GRM Display
$137,937 $1,120 10.0x
$318,418 $951 28.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$460,897 $1,675 23.0x
$343,161 $801 36.0x
$254,397 $896 24.0x
$216,660 $864 21.0x
$166,939 $705 20.0x
$293,620 $932 26.0x
$363,806 $1,982 15.0x
$235,730 $990 20.0x
$839,697 $3,035 23.0x
$228,713 $810 24.0x
$262,494 $938 23.0x
$214,845 $1,170 15.0x
$151,201 $847 15.0x
$229,293 $1,015 19.0x
$218,038 $1,276 14.0x
$253,784 $926 23.0x
$187,922 $1,076 15.0x
$196,634 $1,123 15.0x
$126,938 $755 14.0x
$400,845 $1,387 24.0x
$227,458 $866 22.0x
$290,087 $1,111 22.0x
$169,056 $1,002 14.0x
$141,778 $814 15.0x
$170,805 $827 17.0x
$356,766 $1,604 19.0x
$200,541 $1,054 16.0x
$125,628 $878 12.0x
$717,605 $2,404 25.0x
$160,725 $932 14.0x
$200,479 $955 18.0x
$246,734 $1,059 19.0x
$175,371 $811 18.0x

Home prices

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Monthly rent

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GRM

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Spruce Pine

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Trend Insights

Median Rent in Spruce Pine, NC is $888, with MoM change +$5 and YoY change +$25 pointing to positive momentum while volatility is low (std $5).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Spruce Pine, NC.

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Metric
Base market Spruce Pine, NC
Compare market Select a market
Delta vs base
Median rent
$888
N/A
Median price
$245,660
N/A
YoY change
+$25
N/A
Price-to-rent
23.1x
Data unavailable
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