Spencer, IA Housing Market
The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $157K last month, down 29.7% since last year. The median sale price per square foot in Spencer is $119, up 16.7% since last year.
Spencer Housing Market Trends
In October 2024, Spencer home prices were down 29.7% compared to last year, selling for a median price of $157K. On average, homes in Spencer sell after 42 days on the market compared to 30 days last year. There were 23 homes sold in October this year, up from 14 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 40 days.
- Hot homescan sell for around list price and go pending in around 10 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 3 months
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 81 days.
- Hot homescan sell for around list price and go pending in around 42 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 12 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 14 days.
Spencer Migration & Relocation Trends
View houses in Spencer that sold recently
Recently sold homes
- $254,000 Last Sold Price8 beds4 baths4,608 sq ft207 36th Ave West Ave, Spencer, IA 51301List Price$269,000Sale to List6% under listDays on Market109 days207 36th Ave West Ave, Spencer, IA 51301
- $169,900 Last Sold Price3 beds2 baths1,425 sq ft404 E 10th St, Spencer, IA 51301List Price$169,900Sale to List0% over listDays on Market71 days404 E 10th St, Spencer, IA 51301
- $175,000 Last Sold Price4 beds2 baths1,860 sq ft103 Grandview Blvd, Spencer, IA 51301List Price$185,000Sale to List5% under listDays on Market44 days103 Grandview Blvd, Spencer, IA 51301
- $130,000 Last Sold Price3 beds1.5 baths1,172 sq ft214 W 11th St, Spencer, IA 51301List Price$145,000Sale to List10% under listDays on Market47 days214 W 11th St, Spencer, IA 51301
- $269,900 Last Sold Price3 beds2 baths1,518 sq ft3218 W 3rd St, Spencer, IA 51301List Price$269,900Sale to List0% over listDays on Market841 days3218 W 3rd St, Spencer, IA 51301
- $63,500 Last Sold Price3 beds2 baths2,114 sq ft202 E 4th St, Spencer, IA 51301List Price$64,900Sale to List2% under listDays on Market153 days202 E 4th St, Spencer, IA 51301
- $399,000 Last Sold Price4 beds3.5 baths1,937 sq ft1403 Country Club Lane Ln, Spencer, IA 51301List Price$424,500Sale to List6% under listDays on Market78 days1403 Country Club Lane Ln, Spencer, IA 51301
- $132,500 Last Sold Price3 beds1.5 baths1,320 sq ft201 1st St NW, Fostoria, IA 51340List Price$132,500Sale to List0% over listDays on Market97 days201 1st St NW, Fostoria, IA 51340
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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