The typical home value in
Spring Lake
is projected to be
$209,880
for the month of
November.
October’s
finalized data reported the typical value of a home in the
city
to be
$201,250—up
3.74%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$255,000
in
Cumberland County
for the most recent reporting period.
That number is expected to float around
$252,500
in
November.
Spring Lake
had
10
new listings and
6
listings that went under contract in
October,
increasing
the area’s total available inventory to
20—up
33.33%
from the previous month. Inventory is projected to have further
increased
in
November.
Of those
20
active listings,
35.0%
reduced their price in the month of
October.
The median listing price for homes in
Spring Lake
fell
8.18%
from
September
to
October,
bringing the current median listing price to
$182,500.
Based on projected data for
November,
listing prices may continue to
fall.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
October 2025,
the median time for a listed property to go pending was
65
days, compared to
69
days in
October 2024.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
November.
