Spencer, IA Homes for Sale under $200,000

Smart Start - Designed for easy main-level living with room to grow over time, this three-bedroom ranch home puts everything you need right within reach. The kitchen offers warm cabinetry, a peninsula with counter seating and track lighting, while the living room feels bright and inviting, centered around a bay window that brings in natural light and adds a touch of character. With a little TLC,

Kelly Bierl Hometown Realty

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

Spacious, functional and ready for it's next owner! This 4 bedroom home offers the room you've been looking for with two living spaces and large bedrooms. The 3 season room is perfect for relaxing and enjoying the view of the back yard. You'll appreciate the heated work space in the garage, ideal for hobbies or a workspace you can use year-round! A solid home with space, function and versatility!

Nicole Nimke EXIT Realty Midwest- Spencer/Emmetsburg

Instant increased equity for handyman / handywoman. Enjoy the open living room in this 1140 sq ft, two bedroom, two bath home. Optional laundry on main level or basement. Easy walking distance to shopping, markets and downtown Spencer.

John Goede Century 21 ProLink

This cabin style home on a corner lot is all updated! 2 bed, 1 bath, with potential for lower level bath. With partial finished basement and bar, great for entertaining or just relaxing in privacy. There is potential for 2nd bath in basement as well. 3 car garage with one heated section for projects, man cave, etc. Tractor in picture does not stay! Back yard has room for garden or playset for a

Jimy Mac Lenz Hinn Real Estate

Affordable living in a prime Spencer location! Located near Fairview, this 4-bedroom, 1-bath bungalow is perfect for those seeking functional space and convenience. The main floor offers cozy living areas, while the full basement provides plenty of room for storage or another potential bathroom. Enjoy the ease of an attached garage and a manageable yard. Whether you're a first-time buyer or

Lori Richardson Keller Williams Okoboji

Great opportunity in a solid neighborhood! This home offers strong potential with several key updates already in place, including newer vinyl replacement windows & a roof in good condition. Inside, you’ll find original hardwood floors in the living room & a mix of spaces—some needing full renovation, including both bathrooms, while others just require cosmetic updates like paint, flooring & light

Tracey Radcliffe EXIT Realty Midwest

Bring Your Vision & Build Equity! Looking for a classic 2-story home with a solid foundation? This 5-bedroom, 2-bathroom house is the perfect project for those ready to roll up their sleeves. The home is a blank slate in need of new flooring and some creative TLC, offering a prime opportunity to customize every finish to your exact taste while building immediate sweat equity. The interior boasts

Peggy Bergh-Kuker Keller Williams Okoboji

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

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

One Bedroom Golfview Condominium located on the Spencer Municipal Golf Course. This unit features formal living room with courtyard view, eat in kitchen, large bedroom with walk in closet and bath with large step in shower, heated garage space, and an abundance of common area amenities. Conveniently located near the elevator on 2nd floor.

Susanne Hallett Realty Professionals

Enjoy easy, maintenance-free living in a welcoming 55+ community designed for comfort and connection. This 1 bedroom, 1 bath unit features an open floor plan, thoughtful updates, and true move-in condition—perfect for a relaxed, low-stress lifestyle. Start your mornings or unwind in the evenings on your private balcony, where panoramic views of the Spencer Municipal Golf Course provide a

Lori Black EXIT Realty Midwest- Spencer/Emmetsburg

Here is your rare opportunity to own a ground level 2 bedroom Golfview Condo that features a covered walk out patio with spectacular views of the Spencer Municipal golf course. Inside you will be greeted with numerous updates featuring beautiful granite countertops, newer kitchen appliances and an upscale wood plank flooring. The spacious master bedroom offers a golf course view with a large walk

Bryan Sebastian Hinn Real Estate

21 W 1st Street | Spencer, IA Value-add opportunity in Spencer! This 6-plex offers strong upside for an investor ready to complete renovations and increase cash flow. The property has been partially remodeled, with 2 of the 6 units currently rented, providing immediate income. The remaining 4 units offer the ability to renovate, lease up, and significantly improve overall returns. With

Nic Madsen Gateway Real Estate Advisors