US5.com
  1. Home
  2. States
  3. North Carolina
  4. ZIP 28777
  5. Housing & Real Estate
Spruce Pine town, NC

ZIP 28777 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28777

Median Home Value
$206,300
Median Rent
$524
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,325/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28777 in Spruce Pine town, NC, a household would need roughly $57,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,325. That is roughly in line with the local median household income ($62,399). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
76.9%+18% vs US avg
x
Vacancy Rate
24.9%+142% vs US avg
x
Broadband Access
79.0%-9% vs US avg
x
4+ Bedrooms
0.5%-96% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
11.2%-78% vs US avg
x
Mortgage-Free
52.2%+37% vs US avg
x
$206,300
Home Value
$524
Rent
1978
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.8%
  • 1-unit attached1.1%
  • 2-9 units6.7%
  • 10+ units0.8%
  • Mobile home & other19.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$206,300
Median rent$524
Owner-occupied76.9%
Vacant24.9%
Price-to-income3.3x
Est. income to buy$57,000