Home prices
The price of the median home in East Spencer is $79,500. Compared to its surrounding areas it is about $60,820 (43%) lower.In comparison to the nation as a whole it is about $138,000 (63%) lower, and compared to the city of Charlotte it is about $140,800 (63%) lower.
Rents
East Spencer's median monthly rent is $507. It is roughly $243 (32%) lower compared to nearby areas.Compared to the rest of the country it is approximately $555 (52%) lower, and in comparison to the city of Charlotte it is roughly $628 (55%) lower.
Nearby places
Spencer
Spencer is East Spencer's neighbor to the north. The real estate prices there are a bit more expensive. Spencer's median home price is $98,500, which comes out to $19,000 (19%) higher than East Spencer. Its rents are significantly more expensive. The median monthly rent in Spencer is $926, which is $419 (45%) higher than East Spencer.
Salisbury
Salisbury is East Spencer's neighbor to the west. The housing prices there are a lot more expensive. The median home in Salisbury is valued at $129,100, which is $49,600 (38%) higher than East Spencer. Rents there are significantly more expensive. In Salisbury the median rent is $786 per month, which is $279 (35%) higher than East Spencer.
Granite Quarry
Granite Quarry is about 5 miles south from East Spencer. The housing prices there are a lot more expensive. The median home price in Granite Quarry is $167,400, which works out to $87,900 (52%) higher than East Spencer. Its rents are a bit more expensive. In Granite Quarry the median rent is $559 a month, which comes out to $52 (9%) higher than East Spencer.
Faith
Faith is about 6 miles south of East Spencer. Real estate prices there are a lot more expensive. The median home in Faith costs $180,400, which works out to $100,900 (55%) higher than East Spencer. Rents there are a little more expensive. The median monthly rent in Faith is $733, which works out to $226 (30%) higher than East Spencer.
Tyro
Tyro is approximately 8 miles north of East Spencer. Real estate prices there are substantially more expensive. The value of the median home in Tyro is $126,200, which is $46,700 (37%) higher than East Spencer. Rent there is a lot more expensive. In Tyro the median monthly rent is $748, which is $241 (32%) higher than East Spencer.
