Spencer, IA Homes for Sale under $100,000

/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
/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
/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
/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
/2
$40,000
- Land
- 0.13 Acre
- $307,692 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
/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
/15
$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
/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
/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
/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
/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
/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
/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
/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
/3
$18,250
- 3 Beds
- 1 Bath
- 1,380 Sq Ft
723 E 11th St, Spencer, IA 51301

Excellent investment opportunity here! Clean out, roof repair, then typical repairs and updates. Excellent investment opportunity for fix and flip, rental, or make it your own.

Dave Wiges McCord Insurance & Real Estate

723 E 11th St, Spencer, IA 51301
/2
$32,900
- Land
- 0.49 Acre
- $66,881 per Acre
1901 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

1901 20th Ave W, Spencer, IA 51301
/20
$89,500
- 2 Beds
- 1 Bath
- 1,149 Sq Ft
427 6th Ave W, Spencer, IA 51301

Charming 1.5-story Cape Cod single-family home featuring 2 bedrooms and 1 bathroom. Inside, you’ll find original hardwood floors and a welcoming main floor layout with a living room, dining room, and kitchen. The basement is protected with a Thrasher waterproofing system for peace of mind. Outside, the property includes a detached 1-car garage that has been re-sided, along with new windows and

Kari Stave EXIT Realty Midwest- Spencer/Emmetsburg

427 6th Ave W, Spencer, IA 51301
/2
$27,900
- Land
- 0.3 Acre
- $93,920 per Acre
2102 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

2102 W 20th St, Spencer, IA 51301
/19
$98,900
- 2 Beds
- 1 Bath
- 1,008 Sq Ft
601 E Milw St, Spencer, IA 51301

Charming Corner-Lot Home! This 2-bedroom, 1-bath home offers convenient main-floor living and modern updates throughout. Enjoy the beautifully renovated kitchen and bath, thoughtfully designed for comfort and style. Situated on a desirable corner lot, this move-in-ready property combines charm and functionality perfect for easy living

Kari Stave EXIT Realty Midwest- Spencer/Emmetsburg

601 E Milw St, Spencer, IA 51301
/2
$29,900
- Land
- 0.35 Acre
- $86,158 per Acre
2002 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

2002 20th Ave W, Spencer, IA 51301
/16
$99,900
- Land
- 3.75 Acres
- $26,651 per Acre
2015 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

2015 358th St, Spencer, IA 51301
/2
$34,900
- Land
- 0.52 Acre
- $67,063 per Acre
2008 22nd Ave W, Spencer, IA 51301

This property presents an excellent opportunity for those seeking a large affordable lot. Located in the desirable neighborhood of Fairway Woods with a peaceful atmosphere. Nearby amenities include Spencer Golf and Country Club, Trails and Parks. Start your plans today and be ready to build in the Spring!

Kim Bates Northwest Iowa Realty

2008 22nd Ave W, Spencer, IA 51301
/2
$29,900
- Land
- 0.39 Acre
- $76,781 per Acre
2201 18th 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

2201 18th Ave W, Spencer, IA 51301
/17
$98,000
- 2 Beds
- 1 Bath
- 879 Sq Ft
309 E 1st St, Spencer, IA 51301

Perfect Starter Home for First-Time Buyers! This cozy one-level home offers classic cottage charm with modern updates, including a new furnace and hot water heater (2024). The layout features 2 bedrooms, 1 bath and a basement with potential for added living space. Structurally sound and move-in ready--just add your personal touches! Includes a detached garage, storage shed and a manageable yard.

Lori Black EXIT Realty Midwest- Spencer/Emmetsburg

309 E 1st St, Spencer, IA 51301
/2
$27,900
- Land
- 0.29 Acre
- $96,978 per Acre
2007 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

2007 W 20th St, Spencer, IA 51301
/9
$39,000
- 4 Beds
- 1 Bath
- 1,200 Sq Ft
802 E 5th St, Spencer, IA 51301

Looking for a fixer on a huge corner lot? Look no further... Great investment opportunity.

Jason Grinnen Copper Dog Realty, LLC

802 E 5th St, Spencer, IA 51301
/2
$29,900
- Land
- 0.33 Acre
- $91,118 per Acre
2002 22nd Ave W, Spencer, IA 51301

Whether you're a homeowner looking to customize your own property or an investor seeking to enhance your Real Estate Portfolio this lot holds potential for various ventures. Located in the desirable neighborhood of Fairway Woods with a peaceful atmosphere. Nearby amenities include Spencer Golf and Country Club, Trails and Parks. Start your plans today and be ready to build in the Spring!

Kim Bates Northwest Iowa Realty

2002 22nd Ave W, Spencer, IA 51301
/15
$89,900
- Land
- 3.44 Acres
- $26,107 per Acre
2020 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

2020 358th St, Spencer, IA 51301
/2
$27,900
- Land
- 0.34 Acre
- $81,440 per Acre
2003 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

2003 20th Ave W, Spencer, IA 51301
/15
$89,900
- Land
- 3.44 Acres
- $26,107 per Acre
2008 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

2008 358th St, Spencer, IA 51301
/2
$29,900
- Land
- 0.33 Acre
- $91,080 per Acre
2108 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

2108 20th Ave W, Spencer, IA 51301

Iowa Clay County Spencer

Home Trends in Spencer, IA

On average, homes in Spencer, IA sell after 79 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 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$180,000

Median Single Family Sale Price

$175,000

Median Townhouse Sale Price

$330,000

Median 2 Bedroom Sale Price

$202,675

Median 1 Bedroom Sale Price

$108,450

Average Price Per Sq Ft

$112

Number of Homes for Sale

Last 12 months Home Sales

159

Months of Supply

2.80

Median List Price

$189,500

Median Change From 1st List Price

Median Home Sale Price YoY Change

-3%

How to Buy a Home How to Finance a Home How to Sell a Home

In Spencer, there are currently 32 homes for sale priced under $100,000, providing budget-friendly options for prospective buyers. Whether you're in search of houses for sale under 100k or other property types, there are opportunities to discover your ideal home within your budget in Spencer, IA. From cozy starter homes to properties awaiting your personal touch, these affordable residences offer an entry point into the housing market or an opportunity for real estate investment without stretching your finances.

Spencer Types of Homes for Sale

Spencer Homes by Price

Spencer Real Estate Listings

Spencer New Construction Homes

More About Living in Spencer

Homes in Nearby Cities

Homes in Nearby Counties

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage