Spencer, IA Housing Market
The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $222K last month, down 8.8% since last year. The median sale price per square foot in Spencer is $138, up 16.0% since last year.
Spencer Housing Market Trends
In July 2025, Spencer home prices were down 8.8% compared to last year, selling for a median price of $222K. On average, homes in Spencer sell after 58 days on the market compared to 37 days last year. There were 10 homes sold in July this year, down from 15 last year.

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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 2% below list price and go pending in around 63 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 3 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 54 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 9 months
- Multiple offers are rare.
- The average homes sell for about 2% below list price and go pending in around 82 days.
- Hot homescan sell for around list price and go pending in around 38 days.
Spencer Migration & Relocation Trends
View houses in Spencer that sold recently
Recently sold homes
- $210,000 Last Sold Price4 beds1.5 baths2,094 sq ft811 W 10th St, Spencer, IA 51301List Price$215,000Sale to List2% under listDays on Market67 days811 W 10th St, Spencer, IA 51301
- $200,000 Last Sold Price3 beds2 baths1,898 sq ft1111 12th St SE, Spencer, IA 51301List Price$215,000Sale to List7% under listDays on Market74 days1111 12th St SE, Spencer, IA 51301
- $154,000 Last Sold Price4 beds2 baths1,210 sq ft612 E 13th St, Spencer, IA 51301List Price$164,000Sale to List6% under listDays on Market36 days612 E 13th St, Spencer, IA 51301
- $525,000 Last Sold Price3 beds2.5 baths2,573 sq ft1909 22nd Ave W, Spencer, IA 51301List Price$525,000Sale to List0% over listDays on Market44 days1909 22nd Ave W, Spencer, IA 51301
- $144,500 Last Sold Price2 beds1 bath960 sq ft918 E 8th St, Spencer, IA 51301List Price$150,000Sale to List4% under listDays on Market0 days918 E 8th St, Spencer, IA 51301
- $145,900 Last Sold Price3 beds1 bath1,204 sq ft409 E 9th St, Spencer, IA 51301List Price$145,900Sale to List0% over listDays on Market119 days409 E 9th St, Spencer, IA 51301
- $214,900 Last Sold Price2 beds1 bath1,088 sq ft3210 W 3rd St, Spencer, IA 51301List Price$214,900Sale to List0% over listDays on Market101 days3210 W 3rd St, Spencer, IA 51301
- $635,000 Last Sold Price5 beds3.5 baths3,728 sq ft1614 Country Club Lane Ln, Spencer, IA 51301List Price$749,999Sale to List15% under listDays on Market141 days1614 Country Club Lane Ln, 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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