28159 Home Values & Market Trends
There are 89 homes currently listed for 28159. 28159 real estate market trends show that home prices range from $90,000 to $748,500, and the median sales price in the 28159 zip code is $219,369. The total number of properties sold within the past twelve months is 86. In 28159, 5 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
28159 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Spencer | $ 219,369 $ 146/sqft |
Housing Market Summary for 28159
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $230K | $229.9K | -0.04% |
| Median Sold Price | $192.7K | $159.9K | -17.03% |
| Homes For Sale | 75 | 89 | 18.67% |
| Homes Sold | 22 | 20 | -9.09% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 28159
Browse Homes in 28159
The median list price of a home in Spencer, is $219,369. A total of 89 properties are for sale, and the percentage of properties for sale in the zip code is 89.00%. The total count of 28159 properties is 119.
- Pre-ForeclosurePre-foreclosure homes account for 1.68% of all residential properties in 28159 with spencer containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 28159; of that cities, the estimated home value for pre-foreclosure homes ranges from $330,332 in spencer to the lowest home value of $229,900 in spencer.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 28159 ranges from the highest value of $144,357 in spencer to the lowest value of $144,357 in spencer. Bank owned homes and properties account for 0.84% of properties in 28159. There is 1 cities within 28159; spencer containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspencer has 2 auction properties, the highest number of properties going to auction in a single city in the state of 28159. Auction homes and other auction properties account for 1.68% of all properties in 28159. There is 1 cities within 28159; of that cities, the median estimated home value for homes going to auction ranges from $197,772 in spencer to the lowest value of $161,674 in spencer.
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Guide for 28159





North Carolina Foreclosure Laws

Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

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