Construction Value
$9.3M ▲ 67.3%
Units Permitted
67 ▲ 45.7%
Avg Value / Unit
$139K
2024 · Census Bureau Building Permits Survey
Construction activity in Spring Lake jumped in 2024, up 45.7% from the prior year with 67 housing units permitted. At $139K per unit, new builds are 43% below the Cumberland County average of $245K, indicating more affordable construction. Volume is still modest compared to neighboring towns (48% fewer units than the county average of 128), but the investment per project is strong. 50.7% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$801
per resident
County avg: $12K-93%
$396K
per square mile
Spring Lake vs. Cumberland County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 33 | 33 | $5.8M | 62% |
| ■ Duplex | 4 | 2 | $544K | 6% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 30 | 1 | $3.0M | 32% |
County Ranking by Construction Volume
Among 3 permit-issuing towns in Cumberland County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →