28159
Spencer, North Carolina.
Spencer, Rowan County, NC · Charlotte-Concord-Gastonia, NC-SC metro · population 3,250
to buy the typical home at today's mortgage rate — +$653 (+156%) since Jan 2020.
- 1 year
- Down $7,657 -4%
- $211,962$204,305 since Sep 2025
- 5 years
- Up $40,999 +25%
- $163,306$204,305 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 28159$1,072
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in zip 28159 fell 3.6% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Spencer, NC — measured over the city limits, which is a different area from this zip.
Typical home value — 28159
Mid-tier homes, smoothed and seasonally adjusted.
- 28159$204,305
- Charlotte$381,392
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.8 | 28144 | Salisbury | 27,977 | $1,581 | $230,775 |
| 4.9 | 27299 | Linwood | 5,034 | — | $263,672 |
| 5.5 | 28146 | Salisbury | 31,292 | $1,529 | $302,505 |
| 7.2 | 28147 | Salisbury | 25,812 | $1,170 | $295,965 |
| 10.6 | 27014 | Cooleemee | 939 | — | $121,151 |
| 11.4 | 27054 | Woodleaf | 1,931 | — | $267,977 |
| 12.0 | 28138 | Rockwell | 10,271 | — | $295,172 |
| 12.8 | 28023 | China Grove | 15,495 | $1,458 | $292,846 |
| 13.0 | 27292 | Lexington | 40,311 | $1,295 | $249,095 |
| 13.7 | 28071 | Gold Hill | 4,219 | — | $334,029 |
| 13.7 | 27295 | Lexington | 39,267 | $1,888 | $290,660 |
| 14.4 | 28088 | Landis | 3,054 | $1,425 | $274,834 |
| 15.0 | 28125 | Mount Ulla | 2,765 | — | $448,771 |
| 15.6 | 27013 | Cleveland | 6,575 | — | $307,570 |
| 16.2 | 28083 | Kannapolis | 28,095 | $1,532 | $263,616 |
| 16.7 | 28137 | Richfield | 2,664 | — | $322,140 |
| 17.2 | 27006 | Advance | 16,247 | $1,986 | $413,642 |
| 17.7 | 27028 | Mocksville | 26,566 | — | $281,860 |
| 18.7 | 28081 | Kannapolis | 29,075 | $1,585 | $292,684 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.