Spencer, IA Housing Market
The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $177K last month, up 6.0% since last year. The median sale price per square foot in Spencer is $114, up 16.8% since last year.
Spencer Housing Market Trends
In March 2024, Spencer home prices were up 6.0% compared to last year, selling for a median price of $177K. On average, homes in Spencer sell after 65 days on the market compared to 65 days last year. There were 12 homes sold in March this year, up from 6 last year.
since last year
since 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 1% below list price and go pending in around 45 days.
- Hot homescan sell for around list price and go pending in around 31 days.
Spencer Migration & Relocation Trends
Home offer insights for Spencer
Recent offers
View houses in Spencer that sold recently
Recently sold homes
- $175,900 Last Sold Price3 beds2 baths1,869 sq ft2007 W 10th St, Spencer, IA 51301List Price$174,900Sale to List1% over listDays on Market39 days2007 W 10th St, Spencer, IA 51301
- $209,000 Last Sold Price3 beds2 baths1,513 sq ft1226 18th Ave W, Spencer, IA 51301List Price$209,999Sale to List0% under listDays on Market46 days1226 18th Ave W, Spencer, IA 51301
- $150,000 Last Sold Price3 beds1 bath1,008 sq ft1217 W 7th St, Spencer, IA 51301List Price$153,500Sale to List2% under listDays on Market257 days1217 W 7th St, Spencer, IA 51301
- $105,000 Last Sold Price3 beds2 baths1,280 sq ft705 E 1st St, Spencer, IA 51301List Price$105,000Sale to List0% over listDays on Market147 days705 E 1st St, Spencer, IA 51301
- $61,500 Last Sold Price1 bed1 bath776 sq ft829 E 5th St, Spencer, IA 51301List Price$45,000Sale to List37% over listDays on Market30 days829 E 5th St, Spencer, IA 51301
- $29,900 Last Sold Price—beds—baths—sq ft2104 20th Ave W, Spencer, IA 51301List Price$29,900Sale to List0% over listDays on Market415 days2104 20th Ave W, Spencer, IA 51301
- $410,000 Last Sold Price4 beds3 baths3,272 sq ft2490 300th St, Spencer, IA 51301List Price$410,000Sale to List0% over listDays on Market82 days2490 300th St, Spencer, IA 51301
- $238,500 Last Sold Price4 beds2 baths2,112 sq ft1204 13th Ave W, Spencer, IA 51301List Price$238,500Sale to List0% over listDays on Market60 days1204 13th Ave W, 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 - Minimal
Wind Factor
Heat Factor - Minor
Heat Factor
Transportation in Spencer
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