Spencer, IA Housing Market
The Spencer housing market is not very competitive. The median sale price of a home in Spencer was $181K last month, up 25.3% since last year. The median sale price per square foot in Spencer is $118, down 0.42% since last year.
Spencer Housing Market Trends
In November 2025, Spencer home prices were up 25.3% compared to last year, selling for a median price of $181K. On average, homes in Spencer sell after 39 days on the market compared to 40 days last year. There were 14 homes sold in November this year, down from 15 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
- Multiple offers are rare.
- The average homes sell for about 3% below list price and go pending in around 55 days.
- Hot homescan sell for around list price and go pending in around 29 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
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 63 days.
- Hot homescan sell for around list price and go pending in around 40 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
- Multiple offers are rare.
- The average homes sell for about 5% below list price and go pending in around 73 days.
- Hot homescan sell for about 2% below list price and go pending in around 39 days.
Spencer Migration & Relocation Trends
View houses in Spencer that sold recently
Recently sold homes
- $135,000 Last Sold Price3 beds1 bath1,200 sq ft313 E 14th St, Spencer, IA 51301List Price$139,000Sale to List3% under listDays on Market34 days313 E 14th St, Spencer, IA 51301
- $152,500 Last Sold Price3 beds1 bath1,107 sq ft422 11th Ave W, Spencer, IA 51301List Price$179,900Sale to List15% under listDays on Market326 days422 11th Ave W, Spencer, IA 51301
- $120,000 Last Sold Price3 beds1 bath1,041 sq ft120 E 3rd St, Spencer, IA 51301List Price$120,000Sale to List0% over listDays on Market78 days120 E 3rd St, Spencer, IA 51301
- $112,500 Last Sold Price3 beds1 bath1,296 sq ft106 E 10th St, Spencer, IA 51301List Price$112,500Sale to List0% over listDays on Market78 days106 E 10th St, Spencer, IA 51301
- $130,000 Last Sold Price3 beds1 bath1,444 sq ft602 E 10th St, Spencer, IA 51301List Price$130,000Sale to List0% over listDays on Market205 days602 E 10th St, Spencer, IA 51301
- $290,000 Last Sold Price6 beds3 baths1,936 sq ft3245 260th Ave, Spencer, IA 51301List Price$295,000Sale to List2% under listDays on Market56 days3245 260th Ave, Spencer, IA 51301
- $50,000 Last Sold Price2 beds1 bath1,095 sq ft603 SE 5th Ave, Spencer, IA 51301List Price$95,000Sale to List47% under listDays on Market170 days603 SE 5th Ave, Spencer, IA 51301
- $229,000 Last Sold Price3 beds2 baths1,526 sq ft2124 11th Ave SW, Spencer, IA 51301List Price$229,900Sale to List0% under listDays on Market178 days2124 11th Ave SW, 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 • 3-5 | 467 Students | N/A |
NR Johnson Elementary School Public • PreK-K | 229 Students | 3 reviews |
NR Fairview Park Elementary School Public • 1-2 | 308 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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