Median real estate price in the Town Center of Spring Lake is $91,196, which is less expensive than 86.5% of North Carolina neighborhoods and 85.8% of all U.S. neighborhoods.
The average rental price in Spring Lake Town Center is currently $929, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.4% of North Carolina neighborhoods.
Spring Lake Town Center is a suburban neighborhood (based on population density) located in Spring Lake, North Carolina.
Real estate in the Town Center of Spring Lake, NC is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Spring Lake Town Center has a 12.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 67.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.