Spencer, IA Housing Market
The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $212K last month, down 0.94% since last year. The median sale price per square foot in Spencer is $141, up 1.4% since last year.
Spencer Housing Market Trends
In December 2024, Spencer home prices were down 0.94% compared to last year, selling for a median price of $212K. On average, homes in Spencer sell after 71 days on the market compared to 40 days last year. There were 20 homes sold in December this year, up from 12 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Spencer housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 61 days.
- Hot homescan sell for around list price and go pending in around 31 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 65 days.
- Hot homescan sell for around list price and go pending in around 38 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 47 days.
- Hot homescan sell for around list price and go pending in around 11 days.
Spencer Migration & Relocation Trends
View houses in Spencer that sold recently
Recently sold homes
- $95,000 Last Sold Price—beds—baths—sq ft2033 358th St, Spencer, IA 51301List Price$99,900Sale to List5% under listDays on Market806 days2033 358th St, Spencer, IA 51301
- $165,000 Last Sold Price3 beds1.5 baths1,451 sq ft624 W 10th St, Spencer, IA 51301List Price$167,500Sale to List1% under listDays on Market97 days624 W 10th St, Spencer, IA 51301
- $145,000 Last Sold Price2 beds1 bath1,248 sq ft612 E 9th Street St, Spencer, IA 51301List Price$145,000Sale to List0% over listDays on Market74 days612 E 9th Street St, Spencer, IA 51301
- $235,000 Last Sold Price3 beds1.5 baths1,672 sq ft1202 W 14th St, Spencer, IA 51301List Price$250,000Sale to List6% under listDays on Market87 days1202 W 14th St, Spencer, IA 51301
- $260,000 Last Sold Price3 beds2 baths1,466 sq ft815 15th St SW, Spencer, IA 51301List Price$264,500Sale to List2% under listDays on Market50 days815 15th St SW, Spencer, IA 51301
- $165,000 Last Sold Price3 beds1 bath1,236 sq ft602 6th St SW, Spencer, IA 51301List Price$175,000Sale to List6% under listDays on Market96 days602 6th St SW, Spencer, IA 51301
- $270,000 Last Sold Price3 beds2 baths1,368 sq ft316 Hwy 71, Fostoria, IA 51340List Price$289,000Sale to List7% under listDays on Market48 days316 Hwy 71, Fostoria, IA 51340
- $120,000 Last Sold Price2 beds1 bath768 sq ft321 E 14th St, Spencer, IA 51301List Price$129,000Sale to List7% under listDays on Market193 days321 E 14th St, Spencer, IA 51301
See all recently sold homes in Spencer.
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Schools in Spencer
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Lincoln Elementary School Public • 4-5 | 253 Students | N/A |
NR Johnson Elementary School Public • PreK-1 | 389 Students | 3 reviews |
NR Fairview Park Elementary School Public • 2-3 | 297 Students | N/A |
Climate's impact on Spencer housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Spencer.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Minor
Heat Factor
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