Spencer, IA Homes for Sale under $100,000

/2
$48,000
- 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
Explore Spencer
/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
/11
$39,900
- Land
- 0.4 Acre
- $99,750 per Acre
907 & 911 6th St SW, Spencer, IA 51301

Here is that extra large double lot you've wanted. With over .40 of an acre to put your new dream home. With a great location in south Spencer in an established neighborhood, close to all the shopping and restaurants. Make this the place you build your dreams from the ground up.

Bryan Sebastian Hinn Real Estate

907 & 911 6th St SW, Spencer, IA 51301
/11
$29,900
- Land
- 0.22 Acre
- $135,909 per Acre
903 6th St SW, Spencer, IA 51301

Time to build your dreams! Located in a well established neighborhood close to everything in south Spencer from churches and Lincoln school to restaurants and shopping, this corner lot offers opportunity and room to grow. If you've been thinking about designing and building your new house and needed the land to do it, look no more, you just found the perfect place to say HOME.

Bryan Sebastian Hinn Real Estate

903 6th St SW, Spencer, IA 51301
/11
$29,900
- Land
- 0.26 Acre
- $115,000 per Acre
1005 6th St SW, Spencer, IA 51301

Here is the perfect "blank canvas" to build your new home. This large lot offers a great location in south Spencer close to Lincoln school, shopping, restaurants and more. Situated in an established neighborhood this rare opportunity is your place to make those thoughts of a dream home a reality.

Bryan Sebastian Hinn Real Estate

1005 6th St SW, Spencer, IA 51301
/2
$34,900
- 3 Beds
- 1 Bath
- 1,340 Sq Ft
220 4th St SW, Spencer, IA 51301

SOLD AS-IS Fixer-upper with tons of potential! Whether you're looking to build to suit or revamp the existing property, this home sits on over 3⁄4 of an acre in a fantastic location. Enjoy close proximity to retail, parks, and everyday conveniences, making this a great opportunity for investors, builders, or buyers ready to create their vision.

Ryan Moran Integrity Real Estate

220 4th St SW, Spencer, IA 51301
/3
$17,500
- Land
- 0.13 Acre
- $134,615 per Acre
822 2nd Ave SE, Spencer, IA 51301

Looking to build a house? This 50' by 117' bare lot with water and sewer lines stubbed in could just be the one for you. Additionally there is a poured existing concrete driveway. Great lot! Don't miss out!

Cristy Jones EXIT Realty Midwest- Spencer/Emmetsburg

822 2nd Ave SE, Spencer, IA 51301
/2
$39,900
- 3 Beds
- 1 Bath
- 1,144 Sq Ft
620 1st Ave SE, Spencer, IA 51301

Three bedroom home on a deep lot, offering potential appeal to investors or buyers seeking lot value, set in a conveniently located neighborhood. Cash buyers, property is being sold AS-IS. Demo is complete and ready to flip!

Lezlie Boetel - Pohlman Integrity Real Estate

620 1st Ave SE, Spencer, IA 51301
/9
$94,900
- 2 Beds
- 1 Bath
- 744 Sq Ft
118 W 14th St, Spencer, IA 51301

Charming two-bedroom ranch home located just minutes from the Clay County Fairgrounds and scenic bike trail. Enjoy the convenience of nearby recreation, events and outdoor activities while being tucked into a quiet neighborhood. A great opportunity for first-time buyers, downsizers, or investors.

Nicole Nimke EXIT Realty Midwest- Spencer/Emmetsburg

118 W 14th St, 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
/17
$90,000
- 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
/33
$59,850
- 3 Beds
- 1 Bath
- 1,184 Sq Ft
319 E 11th St, Spencer, IA 51301

Heat is on! This house is located close to the hospital. This one-bedroom has an upper loft area and a finished (tiled) basement room for a possible 2nd bedroom. Open living - Dining area, enclosed front porch, landscaped backyard, double car garage and off-street parking. Buyer's agent to submit offers via www.propoffers.com.

Dana Reinders EXIT Realty Midwest- Spencer/Emmetsburg

319 E 11th St, 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
/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
/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
/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
$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
$27,900
- Land
- 0.31 Acre
- $90,000 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
$27,900
- Land
- 0.32 Acre
- $87,188 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
$32,900
- Land
- 0.49 Acre
- $67,143 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
/2
$27,900
- Land
- 0.3 Acre
- $93,000 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
/2
$29,900
- Land
- 0.35 Acre
- $85,429 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
/2
$27,900
- Land
- 0.29 Acre
- $96,207 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
/2
$27,900
- Land
- 0.34 Acre
- $82,059 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
/2
$29,900
- Land
- 0.33 Acre
- $90,606 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
/2
$29,900
- Land
- 0.37 Acre
- $80,811 per Acre
1804 22nd Ave W, Spencer, IA 51301

Fairway Woods first addition! This subdivision with a great location has a few lots left. 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
$29,900
- Land
- 0.33 Acre
- $90,606 per Acre
1809 22nd Ave W, Spencer, IA 51301

Fairway Woods first addition! This subdivision with a great location has a few lots left. 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
- $90,606 per Acre
1808 22nd Ave W, Spencer, IA 51301

Fairway Woods first addition! This subdivision with a great location has a few lots left. 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
$29,900
- Land
- 0.32 Acre
- $93,438 per Acre
1906 22nd Ave W, Spencer, IA 51301

Fairway Woods first addition! This subdivision with a great location has a few lots left. 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
/2
$29,900
- Land
- 0.39 Acre
- $76,667 per Acre
2201 18th Ave W, Spencer, IA 51301

Fairway Woods first addition! This subdivision with a great location has a few lots left. 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

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 55 days. The median sale price for homes in Spencer, IA over the last 12 months is $180,000, up 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$180,000

Median Single Family Sale Price

$180,000

Median Townhouse Sale Price

$90,500

Median 2 Bedroom Sale Price

$211,000

Median 1 Bedroom Sale Price

$109,950

Average Price Per Sq Ft

$111

Number of Homes for Sale

Last 12 months Home Sales

161

Months of Supply

2.30

Median List Price

$195,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

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

In Spencer, there are currently 30 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 for Sale in Nearby Cities

Homes for Sale in Nearby Counties

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