Residential

Spencer, NC Residential Land & Home Lots for Sale

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Salisbury, NC East Spencer, NC Cleveland, NC Gold Hill, NC Kinston, NC Brevard, NC Linwood, NC Granite Quarry, NC
6 properties
Land in Spencer, North Carolina
Updated: Jun 3, 2025
Land in Spencer, North Carolina

217 SALISBURY Avenue N, Spencer, NC 28159

$97,000
2.42 AC lot
Prime location next to Food Lion on North Salisbury Ave.
Three parcels included in the sale.
Zoned Residential Main Street Transition District (RMST).
Potential for multifamily development (subject to town approval).
Main Street lot access.
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Wooded Lot in Spencer, NC
Updated: Jul 9, 2025
Wooded Lot in Spencer, NC

Hollywood Drive, Spencer, NC 28159

$85,000
0.46 AC lot
Large 0.46‑acre wooded lot suitable for building.
Public sewer and water available (tap fees required).
Paved road access for easy development.
Potential for single‑family home or multi‑family development.
Located in a quiet, established area of Spencer, NC.
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Wooded Lot in Spencer, NC
Wooded Lot in Spencer, NC

Hollywood Drive, Spencer, NC 28158

$42,500
0.41 AC lot

Wooded lot suitable for single or multi-family development.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Multi-Parcel Development Land
Multi-Parcel Development Land

217 SALISBURY Avenue N, Spencer, NC 28159

$97,000

Three combined parcels in a mixed-use residential district offer flexibility for potential multifamily development.

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Residential Land in Spencer, NC
Residential Land in Spencer, NC

Hollywood Drive, Spencer, NC 28159

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0.31 AC lot

Land for sale in Spencer, North Carolina.

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Residential Land in Spencer, NC
Residential Land in Spencer, NC

Hollywood Drive, Spencer, NC 28159

Contact for pricing
0.16 AC lot

Residential land for sale in Spencer, North Carolina.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Spencer, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Development Lot
Residential Development Lot

235 Tabor Dr, Salisbury, NC 28144

Contact for pricing
0.19 AC lot

0.19-acre residential lot for new construction or investment, sold as part of an estate with court approval required.

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Land, Salisbury, NC
Land, Salisbury, NC

235 Tabor Drive, Salisbury, NC 28144

Contact for pricing
0.19 AC lot

Land · 0.19 Acres

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Land, East Spencer, NC
Land, East Spencer, NC

S Long Street, East Spencer, NC 28039

Contact for pricing
0.22 AC lot

Land · 0.22 Acres

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Land, East Spencer, NC
Land, East Spencer, NC

Royal Street, East Spencer, NC 28144

$70,000
1.25 AC lot

Land · 1.25 Acres

View details

Spencer, NC Residential Land & Home Lots Market Trends and Statistics

Explore 6 residential land & home lots for sale in Spencer, NC, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 163,786 square feet of properties for sale, with an estimated market value of $321,500.

Sale prices for home sites in Spencer, NC start at $42,500, averaging $80,375, and reaching up to $97,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 6
Commercial land 4

Demographics Overview

Population 3,181
Population Growth (5Y) +9.4%
Median Household Income $63,396
College Educated 26.8%

High-Yield Neighborhoods for Investment

Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28159 $43.4K

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $12.54 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rowan County

New Delisted

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