Spencer, IA Homes for Sale

• 

  

  /2

  $42,900

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  522 E 9th St, Spencer, IA 51301

  Attention house flippers! Priced to sell for this complete fixer upper with basement. Nice size corner lot in Spencer. Sold AS-IS. Home was used as a rental. Buyer to satisfy themselves as to the condition of the property with inspections. Seller financing available.

  

  Aaron Jones

  RE/MAX Lakes Realty

  (712) 201-8049

  522 E 9th St, Spencer, IA 51301
• Explore Spencer

• 

  

  /2

  $52,000

  • 3 Beds
  • 1 Bath
  • 1,044 Sq Ft

  2123 10th Ave E, Spencer, IA 51301

  Attention Flippers! Take this opportunity to update this 3 bed, 1 bath home on the outskirts of town. Priced to sell. Sold AS-IS. Owner has used as a rental, so buyers should satisfy themselves as to the condition of the home with inspections. Seller financing available.

  

  Aaron Jones

  RE/MAX Lakes Realty

  (712) 467-4050

  2123 10th Ave E, Spencer, IA 51301
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  /34

  $275,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  216 34th Ave W, Spencer, IA 51301

  Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is designed with modern living in mind. With a spacious open floor plan spanning 1,533 finished sq ft this house offers a perfect blend of comfort and style. As you enter you will be greeted by the inviting living area showcasing the seamless flow between the living room, dining space & kitchen. The open

  Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

  216 34th Ave W, Spencer, IA 51301
• 

  

  

  /19

  $275,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  212 34th Ave W, Spencer, IA 51301

  Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is designed with modern living in mind. With a spacious open floor plan spanning 1,533 finished sq ft this house offers a perfect blend of comfort and style. As you enter you will be greeted by the inviting living area showcasing the seamless flow between the living room, dining space & kitchen. The open

  Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

  212 34th Ave W, Spencer, IA 51301
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  /7

  $249,900

  603 S Grand Ave, Spencer, IA 51301

  Prime Multi-Use Space in the Heart of Spencer Take advantage of this high-traffic location ideal for retail, office, or mixed-use development. This versatile property offers the perfect opportunity to build to suit your business needs or parcel out for rental income to generate consistent monthly revenue. Key Highlights: Premier location with excellent visibility and access Flexible

  Nick Steffes Integrity Real Estate

  603 S Grand Ave, Spencer, IA 51301
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  /3

  $319,900

  • Land
  • 2.17 Acres
  • $147,420 per Acre

  2415 Highway Blvd, Spencer, IA 51301

  2.17 Acres – Prime Build-to-Suit Opportunity | Just North of Spencer Unlock the potential of this 2.17-acre high-visibility lot, strategically located just north of Spencer on a well-traveled corridor. With prime traffic exposure, this property is ideal for: Commercial development Retail or service business Office space or flex use Light industrial or warehouse This build-to-suit opportunity

  Nick Steffes Integrity Real Estate

  2415 Highway Blvd, Spencer, IA 51301
• 

  

  /23

  $82,000

  • 7 Beds
  • 6 Baths
  • 3,829 Sq Ft

  312 W 2nd St, Spencer, IA 51301

  Opportunity is calling you! This 6 unit conversion property is waiting for a fresh start in life! Grab your gloves and your vision and return this 1915 build back into it's glory and create rental income for years to come. Located just blocks from downtown and the bike trails. This property features five 1 bedroom 1 bath units and a 2 bedroom 1 bath unit. Get your snow boots on and let's explore

  Bryan Sebastian Hinn Real Estate

  312 W 2nd St, Spencer, IA 51301
• 

  

  /17

  $149,000

  • 2 Beds
  • 1.5 Baths
  • 1,296 Sq Ft

  821 Fisher Ct, Spencer, IA 51301

  Welcome to a well-maintained 2-bedroom, 2-bath bungalow located on a quiet no-outlet street. This home features fresh updates, newer appliances, and major mechanical improvements including a newer furnace, A/C, breaker panel, and sewer line. Enjoy a shaded backyard, detached 1-car garage, and the added peace of mind of a 1-year home warranty. A great opportunity for comfortable, low-maintenance

  Jason Grinnen Copper Dog Realty, LLC

  821 Fisher Ct, Spencer, IA 51301
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  /2

  $27,900

  • Land
  • 0.31 Acre
  • $91,220 per Acre

  2008 W 20th St, Spencer, IA 51301

  YOU + This Land = A Great Investment! Fairway Woods 2nd Addition offers several great lots. Buy YOUR land today and build later when you're ready. Spacious lots in a GREAT location with generous side setbacks to allow breathing room. Lots across the street are offset from one another. Located north of 18th Street and across from the Spencer Golf & Country Club plus close to walking and biking

  Kim Bates Northwest Iowa Realty

  2008 W 20th St, Spencer, IA 51301
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  /2

  $29,900

  • Land
  • 0.37 Acre
  • $80,398 per Acre

  1804 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1804 22nd Ave W, Spencer, IA 51301
• 

  

  /17

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,482 Sq Ft

  523 4th Ave W, Spencer, IA 51301

  Your Spencer opportunity awaits! Raise your family in this awesome 4 bed 2 bath home with a spacious 3 car garage! Multiple living spaces on the main level makes for comfortable room for the whole family. Bathroom on main and upper level! Updated kitchen! Fenced back yard for your children and pets to enjoy! Set up your private viewing today!

  Charlie Leissler RE/MAX Lakes Realty

  523 4th Ave W, Spencer, IA 51301
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  /2

  $45,000

  • Land
  • 0.13 Acre
  • $346,154 per Acre

  212 E 18th St, Spencer, IA 51301

  Nice residential building lot with all utilities in place. This ready-to-build site is flat, usable, and flexible for a new home design. Perfect for a custom build, investor project, or future home, with utilities already onsite.

  Janie Eick RE/MAX Lakes Realty

  212 E 18th St, Spencer, IA 51301
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  /2

  $29,900

  • Land
  • 0.34 Acre
  • $86,928 per Acre

  1813 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1813 22nd Ave W, Spencer, IA 51301
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  /16

  $89,900

  • Land
  • 3.44 Acres
  • $26,107 per Acre

  2014 358th St, Spencer, IA 51301

  River Bend Estates is a first-class development along the Ocheyedan River. This development offers country living with community amenities. Country style living is offered by your selection of a 3.5+ acre lot, covenants that allow you to build a storage building / shop / man cave, plus a quiet setting with great sunsets! Amenities you will appreciate include a hard surface road, SMU water,

  Seth Hellinga Real Estate Unlimited

  2014 358th St, Spencer, IA 51301
• 

  

  /23

  $275,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  208 34th Ave W, Spencer, IA 51301

  Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is designed with modern living in mind. With a spacious open floor plan spanning 1,533 finished sq ft this house offers a perfect blend of comfort and style. As you enter you will be greeted by the inviting living area showcasing the seamless flow between the living room, dining space & kitchen. The open

  Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

  208 34th Ave W, Spencer, IA 51301
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  /2

  $33,900

  • Land
  • 0.49 Acre
  • $69,325 per Acre

  1812 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1812 22nd Ave W, Spencer, IA 51301
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  /19

  $175,000

  • 2 Beds
  • 2 Baths
  • 1,040 Sq Ft

  304 9th St SW, Spencer, IA 51301

  Completely Renovated & Beautifully Finished — Move-In Ready Ranch in Spencer, Iowa! This beautifully updated 2-bedroom, 2-bath ranch-style home has been renovated down to the studs after the 2024 flood—Everything inside is new, including drywall, paint, flooring, light fixtures, cabinets, Quartz countertops, and bathrooms. The thoughtful redesign transformed a former third bedroom into a stunning

  Tracey Radcliffe EXIT Realty Midwest

  304 9th St SW, Spencer, IA 51301
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  /2

  $33,900

  • Land
  • 0.49 Acre
  • $69,892 per Acre

  1900 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1900 22nd Ave W, Spencer, IA 51301
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  /12

  $190,000

  • 4 Beds
  • 1 Bath
  • 1,946 Sq Ft

  1203 W 5th St, Spencer, IA 51301

  Charming 3 bedroom ranch in a desirable neighborhood near parks and schools. Natural light fills the inviting living spaces, while the functional layout makes everyday living easy. Step outside to enjoy a spacious, well-kept yard, ideal for relaxing evenings or weekend gatherings. Whether you're just starting out or downsizing, this one checks all the boxes!

  Nicole Nimke EXIT Realty Midwest- Spencer/Emmetsburg

  1203 W 5th St, Spencer, IA 51301
• 

  

  /19

  $145,000

  • 5 Beds
  • 1.5 Baths
  • 1,700 Sq Ft

  516 E 4th St, Spencer, IA 51301

  Two Story Home Near Schools with Room for the Whole Family! This charming home combines classic character with practical updates. Original hardwood floors throughout the main level, a winding staircase, and an inviting enclosed front porch. 5 bedrooms and 2 bathrooms, main level laundry and easy flow for everyday living. Four bedrooms and full bath in upper level. The partially finished full

  Peggy Bergh-Kuker Keller Williams Okoboji

  516 E 4th St, Spencer, IA 51301
• 

  

  /15

  $215,000

  • 4 Beds
  • 1 Bath
  • 1,624 Sq Ft

  701 W 4th St, Spencer, IA 51301

  Well-maintained 4 bedroom home on nearly half an acre with a 30x40 metal storage building. This charming two-story home offers 4 bedrooms and 1 full bath, set on an almost half-acre lot with plenty of room to enjoy the outdoors. Inside, you'll find a well-kept home with an inviting layout and plenty of natural light throughout. Upstairs, there's a space ready to finish for an extra bathroom.

  Nicole Nimke EXIT Realty Midwest- Spencer/Emmetsburg

  701 W 4th St, Spencer, IA 51301
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  /2

  $29,900

  • Land
  • 0.33 Acre
  • $91,883 per Acre

  1809 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1809 22nd Ave W, Spencer, IA 51301
• 

  

  /17

  $144,000

  • 4 Beds
  • 1.5 Baths
  • 1,212 Sq Ft

  818 2nd Ave SE, Spencer, IA 51301

  Ready to right-size? This updated move-in ready bungalow gives you space where it counts and peace where it matters. Set on a lot shaded by mature trees with a fenced backyard, this one-and-a-half-story bungalow combines classic structure with modern updates. Inside you will find a bright, refreshed interior featuring contemporary flooring, new cabinetry, and crisp finishes that make each space

  Kelly Bierl Hometown Realty

  818 2nd Ave SE, Spencer, IA 51301
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  /16

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,232 Sq Ft

  309 12th Ave W, Spencer, IA 51301

  Simply homey in all the right ways. This 3-bedroom, 1-bath home blends comfort, function, and a touch of retro charm. The kitchen offers plenty of cabinet space, a practical breakfast island, and a sweet built-in with sliding glass doors, perfect for displaying your favorite dishes or cookbooks. Natural light fills the adjoining dining area and the spacious living room, where wide front windows

  Kelly Bierl Hometown Realty

  309 12th Ave W, Spencer, IA 51301
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  /2

  $29,900

  • Land
  • 0.33 Acre
  • $92,000 per Acre

  1808 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1808 22nd Ave W, Spencer, IA 51301
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  /34

  $423,500

  • 5 Beds
  • 3.5 Baths
  • 3,033 Sq Ft

  1817 10th Ave E, Spencer, IA 51301

  Welcome to this spacious 5-bedroom, 4-bath multi-level family home boasting over 4,000 sq ft of thoughtfully designed living space. Nestled on a .24-acre lot in a desirable neighborhood close to schools, this property features an open floor plan, newer flooring, a cozy gas fireplace, and a walk-out basement. The updated kitchen offers abundant cabinetry, quartz countertops, and a large island

  Katie Muhlbauer Integrity Real Estate

  1817 10th Ave E, Spencer, IA 51301
• 

  

  /24

  $275,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,533 Sq Ft

  204 34th Ave W, Spencer, IA 51301

  Introducing a stunning new construction home to the market! This 3-Bedroom 2 Bath gem is designed with modern living in mind. With a spacious open floor plan spanning 1,533 finished sq ft this house offers a perfect blend of comfort and style. As you enter you will be greeted by the inviting living area showcasing the seamless flow between the living room, dining space & kitchen. The open layout

  Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

  204 34th Ave W, Spencer, IA 51301
• 

  /2

  $27,900

  • Land
  • 0.32 Acre
  • $86,858 per Acre

  1905 20th Ave W, Spencer, IA 51301

  YOU + This Land = A Great Investment! Fairway Woods 2nd Addition offers several great lots. Buy YOUR land today and build later when you're ready. Spacious lots in a GREAT location with generous side setbacks to allow breathing room. Lots across the street are offset from one another. Located north of 18th Street and across from the Spencer Golf & Country Club plus close to walking and biking

  Kim Bates Northwest Iowa Realty

  1905 20th Ave W, Spencer, IA 51301
• 

  

  /21

  $200,350

  • 2 Beds
  • 2 Baths
  • 1,244 Sq Ft

  1613 11th Ave W Unit 2, Spencer, IA 51301

  Soaked in natural light this 2 bed 2 bath home offers, large bedrooms, ample storage with large backyard green space, bistro style dining and kitchen open to living area great for entertaining! HOA dues are $200/month with no annual dues. Community is 55 and over.

  Nick Steffes Integrity Real Estate

  1613 11th Ave W Unit 2, Spencer, IA 51301
• 

  

  /20

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,513 Sq Ft

  1625 3rd Ave E, Spencer, IA 51301

  Charming 2-Bed, 2-Bath Home with Original Character and Modern Comforts Step into this beautifully maintained 2-bedroom, 2-bath home featuring original hardwood flooring, grand trim work, and tongue-and-groove ceilings that add warmth and character throughout. Enjoy abundant natural light in every room, highlighting the home’s timeless charm. Situated on a deep lot, there's plenty of outdoor

  Ryan Moran Integrity Real Estate

  1625 3rd Ave E, Spencer, IA 51301
• 

  

  /23

  $117,500

  • 2 Beds
  • 1 Bath
  • 816 Sq Ft

  402 E Park St, Spencer, IA 51301

  It's updated! Completely gone through since 2024 and now features a concrete driveway with additional space for parking. Plus new privacy fence! 2 bed, 1 bath home sits on a corner lot and has recent roof, new flooring, and paint. Simple property to get into for low cost.

  Jimy Mac Lenz Hinn Real Estate

  402 E Park St, Spencer, IA 51301
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  /2

  $29,900

  • Land
  • 0.32 Acre
  • $93,045 per Acre

  1906 22nd Ave W, Spencer, IA 51301

  Fairway Woods first addition! This subdivision still has plenty of great lots available with special assessments paid by seller. Excellent opportunity to build new custom home in an area that offers large lots which are offset from those across the street. An accessory building is allowed. Located across 18th Street from the Spencer Golf and Country Club plus close to walking and biking trails.

  Kim Bates Northwest Iowa Realty

  1906 22nd Ave W, Spencer, IA 51301
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  /14

  $269,500

  • 4 Beds
  • 2 Baths
  • 1,408 Sq Ft

  528 E 17th St, Spencer, IA 51301

  A ranch style home on a quiet street checks all the boxes! 3 bedrooms with 2 bathrooms on main floor, open eat-in kitchen with plenty of gorgeous cabinets, the white vinyl fence provides privacy while enjoying your patio in your backyard. Newer roof, new furnace, A/C and water heater in 2024.

  Kelly Pullen EXIT Realty Midwest- Spencer/Emmetsburg

  528 E 17th St, Spencer, IA 51301
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  /31

  $399,000

  2 Grand Ave, Spencer, IA 51301

  Mixed Use Commercial Property offers, Office, Retail, & Warehouse. Features 4200 sq ft of office / retail, 2000 sq ft of warehouse, a 28ft x 32ft detached garage & 7200 sq ft of off street private concrete parking all located on a 1/2-acre lot offering Grand Avenue frontage.

  Mark Hallett Realty Professionals

  2 Grand Ave, Spencer, IA 51301
• 

  

  /16

  $269,900

  • 2 Beds
  • 2 Baths
  • 1,251 Sq Ft

  905 5th Ave SW, Spencer, IA 51301

  Stunning kitchen! Custom built cabinets, quartz countertops, stainless-steel appliances, large center island perfect for preparing meals and serving. This town home features an open concept living area, private master bedroom with 3/4 bath & guest bedroom with full bath, covered porch with concrete patio perfect for grilling and eating out on the patio, and double attached lined and insulated

  Mark Hallett Realty Professionals

  905 5th Ave SW, Spencer, IA 51301
• 

  

  /36

  $68,000

  • 6 Beds
  • 3 Baths
  • 2,404 Sq Ft

  807 4th Ave W, Spencer, IA 51301

  Investment opportunity awaits!! Bring your vision and your skills to this 3 unit property located in the heart of Spencer. Within walking distance to just about everything it makes for a desirable rental location. The best part of this property is after your repairs and updates the return comes back 3 tenants at a time!! Grab your work boots and let's take a walk through what this opportunity

  Bryan Sebastian Hinn Real Estate

  807 4th Ave W, Spencer, IA 51301
• 

  

  /20

  $180,000

  • 4 Beds
  • 1.5 Baths
  • 2,362 Sq Ft

  310 E 4th St, Spencer, IA 51301

  Continue the Love in This BIG Two-Story Home. The kind of place where a growing family can truly settle in and make everyday life flow a little easier. Sunlight fills the main floor, especially in the large sunroom which is a natural gathering spot for playtime, quiet mornings, or simple family moments. The kitchen offers plenty of workspace and storage, paired with newer appliances from 2023,

  Kelly Bierl Hometown Realty

  310 E 4th St, Spencer, IA 51301
• 

  

  /26

  $134,500

  • 2 Beds
  • 1.5 Baths
  • 976 Sq Ft

  543 7th Ave W, Spencer, IA 51301

  Welcome to this charming and cozy 2-bedroom, 2-bath home nestled on a peaceful street. Thoughtfully updated throughout, this move-in ready gem features a practical layout with main floor laundry for added convenience. The inviting living spaces are warm and welcoming, perfect for relaxing or entertaining. Step outside to find a patio overlooking the back yard for outdoor enjoyment and a detached

  Lori Black EXIT Realty Midwest- Spencer/Emmetsburg

  543 7th Ave W, Spencer, IA 51301
• 

  

  /19

  $284,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,518 Sq Ft

  213 34th Ave W, Spencer, IA 51301

  Setting a trend with a NEW FLOOR PLAN is this quality built 3 Bedroom 2 Bath contemporary home featuring an open concept floor plan, custom built cabinets, and beautiful finishes throughout. You can end your day in the luxury master bedroom boasting a walk in closet and an ensuite complete with a custom double sink vanity. The 2 Stall Garage has a water spigot and built in floor drain for your

  Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

  213 34th Ave W, Spencer, IA 51301
• 

  

  /21

  $284,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,653 Sq Ft

  207 34th Ave W, Spencer, IA 51301

  The Declan Floor Plan with 1,653 Finished SqFt is the largest floorplan option in the Westfield Development. The spacious open floor plan allows for many workable furniture arrangement layouts. Rest easy in the Master Bedroom, with Master Bath Ensuite, and Walk-in Closet. Oversized 2 Stall Garage has built in floor drain and water spigot for your convenience. Westfield Clubhouse includes an

  Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

  207 34th Ave W, Spencer, IA 51301

Showing Results 1 - 40, Page 1 of 2

Why Live in Spencer

Spencer, located in northwest Iowa, is a city where the Little Sioux and Ocheyedan rivers converge. Known for its deep-rooted community, Spencer hosts the largest county fair in Iowa and is a hub for farm equipment manufacturers and food processors. The city has a growing healthcare sector, bolstered by a new emergency department at Spencer Hospital. Despite a devastating flash flood in June 2024, which damaged over three-quarters of the city's structures, Spencer continues to rebuild with support from the Chamber of Commerce. Homes in Spencer range from early 1900s American Foursquares and folk-style houses to ranch-style homes and newer subdivisions on the outskirts. The downtown area, rebuilt in the Art Deco style after a 1931 fire, is listed on the National Register of Historic Places and features a mix of local businesses and national chains. Spencer boasts over 400 acres of parks and recreation, including the 12-mile Spencer Recreational Trail, East Leach Park, Stolley Park, and the Spencer Golf and Country Club. The Spencer Community School District offers college credit courses, and Iowa Lakes Community College has a campus in the city. Transportation is facilitated by U.S. Routes 71 and 18, a regional airport, and a nonprofit transit system. Spencer's attractions include the Clay County Fair, one of the largest in the nation, and various local events that foster a strong sense of community. Crime rates in Spencer are lower than the national average, contributing to its appeal as a safe place to live.

Learn more about living in Spencer

Frequently Asked Questions

What is the average home price in Spencer, IA?

Homes for sale in Spencer, IA have an average home price of $215,273.

Are home prices dropping in Spencer?

Yes, home prices in Spencer are down 4% in the last 12 months.

How many homes have sold over the last 12 months in Spencer, IA?

159 homes have sold in Spencer, IA over the last 12 months.

What are the most popular zip codes in Spencer, IA?

The most popular zip codes in Spencer, IA include 51301, 51338, 51351, 51358 and 51331.

How much do you need to make to afford a house in Spencer?

The median home price in Spencer is $190,000. If you put a 20% down payment of $38,000 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $930 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $40K a year to afford the median home price in Spencer. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Spencer, IA?

Spencer, IA has highly rated public and private schools. Some of the best schools in Spencer based on Niche Grades are Spencer Middle School, Spencer High School and Fairview Park Elementary School. Browse all the schools in Spencer, IA to learn more.

Home Trends in Spencer, IA

On average, homes in Spencer, IA sell after 76 days on the market compared to the national average of 53 days. The median sale price for homes in Spencer, IA over the last 12 months is $180,000, down 4% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$180,000

Median Single Family Sale Price

$179,250

Median Townhouse Sale Price

$330,000

Median 2 Bedroom Sale Price

$205,000

Median 1 Bedroom Sale Price

$108,450

Average Price Per Sq Ft

$113

Number of Homes for Sale

38

Last 12 months Home Sales

159

Months of Supply

2.90

Median List Price

$190,000

Median Change From 1st List Price

3%

Median Home Sale Price YoY Change

-4%