Housing · Spring Hope

Spring Hope, NC housing market

The typical Spring Hope home is worth about $241,000, up 5.2% in a year, 28% below the North Carolina typical home.

Home values, sales, trends and how Spring Hope compares with the towns next door — updated as new data is published.

The market right now

Spring Hope at a glance

Typical home value
$241K
▲ 5.2% in a year · Zillow
Median sale price
$107K
May 2026 · Redfin
Homes sold
2
in May · 12 for sale

Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

Spring HopeNorth Carolina
$100K$150K$200K$250K$300K$350K 20182020202220242026 Spring Hope $241K North Carolina $335K
Show as a table
JanuarySpring HopeNorth Carolina
2017$113,000$179,000
2018$123,000$190,000
2019$133,000$203,000
2020$142,000$215,000
2021$166,000$242,000
2022$185,000$287,000
2023$212,000$320,000
2024$226,000$332,000
2025$235,000$338,000
2026$234,000$336,000
August 2026$241,000$335,000
Affordability

6.3 years of income

The typical Spring Hope home costs about 6.3 years of the town's median household income, more than across North Carolina (4.6 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
52.2%
North Carolina: 66.6%
Median tax bill
$1,181
North Carolina: $1,896
Median rent
$763
North Carolina: $1,228
Typical home built
1968
North Carolina: 1991

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,350

HUD's Fair Market Rent for a two-bedroom in Spring Hope is $1,350 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Spring Hope pay a median of $763, so moving in tends to cost more than staying put. A two-bedroom takes about 42% of the town's median household income, above the 30% guideline for affordable housing.

1 bedroom
$1,190
a month, with utilities
2 bedrooms
$1,350
a month, with utilities
3 bedrooms
$1,660
a month, with utilities
Share of income
42%
2 bedrooms ÷ median income

Studio $1,170 · 4 bedrooms $2,200

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (27882; Raleigh-Cary, NC MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Spring Hope

Listed in the past 60 days. Each opens on the listing site.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01