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Property-class scope

The story of this market

The typical home in ZIP 28159 sells for about $220,000, or $203 per square foot.

Homes take about 11 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $932 a month.

ZIP market report · consumer edition · quarterly refresh

Track this ZIP

ZIP 28159 — Spencer

Rowan County →refreshed Oct 4, 20262 cycles retainednext refresh Oct 19, 2026

Market mood · neutral

The housing market in 28159 is characterized by a median price point of $220,000 and a limited inventory of active listings. Market activity remains steady with a small volume of recent sales, though several key demographic and economic metrics are not currently published at the ZIP level.

Who this ZIP fits

The area primarily attracts budget-conscious family buyers and individuals looking for entry-level housing options in a small-town setting.

Parent geography

Spencer · no city intel reportRowan County →North Carolina state →

Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery

Leaflet Imagery © Esri, Maxar, Earthstar Geographics

Land area · 5.8 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary

Median sale price

$220,000

Corroboration pending — anchor baseline forms on the first refresh cycles

Days on market

11 days

Active listings

ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded

Composite · average of graded sections

Computed only from this report's published readings — sections without data are excluded, never estimated.

Growth/100

Median prices moved sideways 0.0% year over year.

Liquidity/100

Homes spend a median of 11 days on market with 0.0 months of supply — a fast-moving market.

Momentum/100

0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.

Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.5% · poverty 12.6% — a stable, low-distress profile.

Census trends · population flows

Population base

3,250

ZIP code tabulation area 28159

Area context

Schools & education

The area is served by the North Rowan school district, which provides public education for the local community.

Economy & employers

The local economy is centered around the broader Rowan County industrial and service sectors.

Special districts

The area is served by the North Rowan school district.

Discovery profile

Census profile · ZIP code tabulation area 28159

Population

3,250

Median age

42.7 yrs

Median year built

1952

Unemployment

7.5%

Poverty rate

12.6%

Public schools with an address here · 2

Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.

North Rowan ElementaryElementarynot determinableNorth RowanServes the local Spencer area.

North Rowan HighHighnot determinableNorth RowanServes the local Spencer area.

School districts

North Rowannot determinablePrimary district serving the Spencer ZIP code.

Major amenities · ZIP 28159

Theme, amusement & water parks

4 · 20 mi