The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $130K last month, down 15.0% since last year. The median sale price per square foot in Spencer is $135, up 33.0% since last year.
In May 2025, Spencer home prices were down 15.0% compared to last year, selling for a median price of $130K.
$258K
Sale Price
+156.2% since last year
$135
Sale $/Sq. Ft.
+33.0% since last year
Under List Price
3.3%
Days on Market
48.5
Down Payment
—
Total Homes Sold
2
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How hot is the Spencer housing market?
Spencer is somewhat competitive. Homes sell in 48.5 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
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 49 days.
Hot homes
can sell for around list price and go pending in around 18 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
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
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spencer has a minor risk of flooding. 133 properties in Spencer are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Spencer. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spencer has a moderate risk of wildfire. There are 2,442 properties in Spencer that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Spencer.
96% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Spencer has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Spencer is most at risk from hurricanes. 2,348 properties in Spencer have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.