Much like nearby areas, it's a little less expensive compared to the country as a whole. Compared to the city of Asheville however, it is substantially less expensive.
Home prices
Spurgeon's median home value is $150,400. Compared to other places in this area it is about $5,020 (3%) lower.Compared to the entire nation it is about $67,100 (30%) lower, and compared to the city of Asheville is roughly $120,000 (44%) lower.
Rents
Spurgeon's median monthly rent is $814. It is approximately $51 (6%) higher compared to the surrounding areas.It is approximately $248 (23%) lower in comparison to the rest of the country, and compared to the city of Asheville is approximately $229 (21%) lower.
Nearby places
Gray
Gray is Spurgeon's neighbor to the southwest. Its housing prices are somewhat more expensive. The median home in Gray costs $171,900, which works out to $21,500 (12%) higher than Spurgeon. Rents there are somewhat more expensive. In Gray the median rent is $905 per month, which is $91 (10%) higher than Spurgeon.
Johnson City
Johnson City is Spurgeon's neighbor to the southeast. Real estate prices there are a bit more expensive. The value of the median home in Johnson City is $167,500, which works out to $17,100 (10%) higher than Spurgeon. Rents there are somewhat less expensive. Johnson City's median rent is $755 per month, which comes out to $59 (7%) lower than Spurgeon.
Colonial Heights
Colonial Heights is about 3 miles northwest from Spurgeon. Its real estate prices are pretty similar. Colonial Heights's median home value is $145,400, which comes out to $5,000 (3%) lower than Spurgeon. Rents there are a bit more expensive. In Colonial Heights the median rent is $945 per month, which comes out to $131 (13%) higher than Spurgeon.
Kingsport
Kingsport is about 6 miles northwest of Spurgeon. Real estate prices there are similar. The price of the median home in Kingsport is $145,800, which works out to $4,600 (3%) lower than Spurgeon. The rent there is somewhat less expensive. Kingsport's median monthly rent is $655, which works out to $159 (24%) lower than Spurgeon.
Fall Branch
Fall Branch is about 8 miles west from Spurgeon. The housing prices there are pretty similar. The median home in Fall Branch is valued at $146,500, which comes out to $3,900 (2%) lower than Spurgeon. The rent there is substantially less expensive. Fall Branch's median rent is $556 a month, which is $258 (46%) lower than Spurgeon.
