Spencer, IA Homes for Sale

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  /2

  $2,395,000

  • Land
  • 160 Acres
  • $15,001 per Acre

  390th Street, Spencer, IA 51301

  What a great opportunity to purchase a highly productive farm with excellent soils in Northwest Iowa! With 150.24 cropland acres, this farm has an average CSR2 value of 89 and features quality soils including Wilmonton, Letri & Everly. The corn base is 81.3 acres with a PLC Yield of 161 and the soybean base is 64.30 acres with a PLC Yield of 49. Included in the 150.24 cropland acres are 2.6 acres

  Ben Hollesen

  390th Street, Spencer, IA 51301
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  Explore Spencer

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  /2

  $2,400,000

  • Land
  • 160 Acres
  • $15,000 per Acre

  400th Street, Spencer, IA 51301

  Don't miss the opportunity to purchase this high-quality farm in Clay County, Iowa. With 148.52 cropland acres, this farm boasts an Average CSR2 value of 92.3 and features excellent, highly-productive soils including Ransom, Rushmore & Everly. There are 2.2 CRP acres with an annual income of $660. The corn base is 70.5 acres with a PLC Yield of 161 and the soybean base is 69.8 acres with a PLC

  Ben Hollesen

  400th Street, Spencer, IA 51301
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  /17

  $199,999

  • 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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  /19

  $235,900

  • 3 Beds
  • 2 Baths
  • 1,526 Sq Ft

  2124 11th Ave SW, Spencer, IA 51301

  Discover your own personal retreat on the edge of town! This manageable acreage offers the perfect blend of country living and town conveniences. Enjoy the outdoors with a vinyl privacy fence, patio and 3 season room. Step inside to a warm and inviting 3 bedroom, 1 3/4 bath, ranch home with main floor laundry. Insulated and heated garage is ready for all your projects or extra space for a home

  Kim Bates Northwest Iowa Realty

  2124 11th Ave SW, Spencer, IA 51301
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  /22

  $359,500

  • 5 Beds
  • 3 Baths
  • 1,736 Sq Ft

  1523 18th Ave W, Spencer, IA 51301

  Very nice 5 bedroom home located on the golf course. This home offers great living space! On the main level is a beautiful kitchen with breakfast bar and built in office area, the dining room, living room, family room, primary bedroom/bath and an additional 2 bedrooms and full bath. The finished lower level offers more great space with a large family room, 2 bedrooms, a bathroom and the laundry.

  Thomas Geelan Farm & Home Services

  1523 18th Ave W, Spencer, IA 51301
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  /49

  $359,999

  • 4 Beds
  • 2.5 Baths
  • 1,996 Sq Ft

  906 Country Club Ln, Spencer, IA 51301

  This delightful three bedroom, three bathroom house is a perfect blend of comfort and convenience. Immerse yourself in a home that boasts ample living space. This home provides main floor primary en-suite & main floor laundry. Step outside on your generous lot, this property presents endless possibilities for gardening, entertaining, or simply enjoying a sunny afternoon in your private fenced in

  Kahley Gethmann Integrity Real Estate

  906 Country Club Ln, Spencer, IA 51301
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  /48

  $334,000

  • 2 Beds
  • 2 Baths
  • 2,309 Sq Ft

  1321 Country Club Dr, Spencer, IA 51301

  Enjoy the Country Club view and/or life living at this property! No need to be a golfer! This home boasts an eat-in kitchen, sunken sitting room/living room area with a gas fireplace to cozy up to, formal dining/living room, large full bathroom with hickory wood floor, bedroom, master bedroom with hickory wood floor and master bath, and laundry all on main floor. Entering the basement you can

  Joyce Rasmus Rasmus Realty & Auction

  1321 Country Club Dr, Spencer, IA 51301
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  /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 Northwest Iowa Realty

  213 34th Ave W, Spencer, IA 51301
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  /21

  $284,900 Open Sat 10AM - 11AM

  • 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 Northwest Iowa Realty

  207 34th Ave W, Spencer, IA 51301
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  /15

  $229,900 Open Sat 10AM - 11AM

  • 2 Beds
  • 1 Bath
  • 1,136 Sq Ft

  209 34th Ave W, Spencer, IA 51301

  Don't miss this opportunity to own this exceptional 2 Bedroom, 1 Bath home with its open concept floor plan that exudes modern elegance and boasts exceptional craftsmanship. This meticulously designed home showcases a plethora of enticing features that are sure to impress. The oversized 2 Stall Garage features a built in floor drain and water spigot for your convenience. Westfield Clubhouse

  Cristy Jones Northwest Iowa Realty

  209 34th Ave W, Spencer, IA 51301
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  /18

  $174,500

  • 3 Beds
  • 2 Baths
  • 1,829 Sq Ft

  911 E 11th St, Spencer, IA 51301

  Welcome to this delightful ranch home, perfectly situated close to trails, schools, soccer and baseball fields. The property offers 3 bedrooms, 1 3/4 baths, two living spaces, main floor laundry, and an open floor plan. Say goodbye to chilly mornings, with this heated two-car garage. Spacious backyard with vinyl fencing and a patio. Now is a perfect time to make this charming property your own!

  Kim Bates Northwest Iowa Realty

  911 E 11th St, Spencer, IA 51301
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  /17

  $105,000

  • 3 Beds
  • 1 Bath
  • 698 Sq Ft

  716 E 8th St, Spencer, IA 51301

  Move-in ready low maintenance home offers updated mechanicals, newer roof, gutters and windows, vinyl siding on house and garage. Check out this perfect home for first-time home buyers, downsizers, or anyone seeking a low maintenance cost effective lifestyle.

  Kim Bates Northwest Iowa Realty

  716 E 8th St, Spencer, IA 51301
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  /12

  $110,000

  • 2 Beds
  • 1 Bath
  • 884 Sq Ft

  520 E 2nd St, Spencer, IA 51301

  Opportunity Knocks! This classic bungalow offers a great starting point for your next investment or new home —whether you’re looking to start home ownership, flip or add a steady rental to your portfolio. Featuring potentially two bedrooms, one bath, an eat-in kitchen, and a formal dining room, the layout is simple and functional. Original woodwork trim adds character throughout, while an

  Kelly Bierl Hometown Realty

  520 E 2nd St, Spencer, IA 51301
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  /12

  $120,000

  • 2 Beds
  • 1 Bath
  • 680 Sq Ft

  407 E 13th St, Spencer, IA 51301

  Welcome to this cozy 2-bedroom, 1-bath bungalow featuring classic charm and modern updates. The new roof (2022) offers peace of mind, while the inviting deck is perfect for morning coffee or relaxing evenings. Inside, you’ll find a warm and welcoming living space that’s ideal for everyday living or entertaining. The property also includes a 1-car detached garage for parking or extra storage. All

  Abby G My Real Estate Company

  407 E 13th St, Spencer, IA 51301
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  /54

  $774,900

  • 5 Beds
  • 5 Baths
  • 5,331 Sq Ft

  1322 Country Club Dr, Spencer, IA 51301

  Welcome to 1322 Country Club Drive – A Rare Opportunity to Own a Distinguished Residence on the Spencer Golf & Country Club This exceptional property masterfully blends timeless elegance with sophisticated modern design, offering the ultimate in luxury living. Situated in one of the most coveted locations along the Spencer Golf and Country Club, this stunning home underwent a comprehensive

  Michelle Lohman EXIT Realty Midwest- Spencer/Emmetsburg

  1322 Country Club Dr, 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
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  /37

  $479,000

  • 3 Beds
  • 4 Baths
  • 2,332 Sq Ft

  1305 18th Ave W, Spencer, IA 51301

  Welcome to 1305 18th Ave W—a beautifully maintained brick ranch home with unbeatable curb appeal and a prime location right on the Spencer Golf & Country Club. This move-in ready gem offers easy, single-level living with scenic views and a peaceful setting. Located on the East side of Spencer Golf and Country Club.

  Brad Sanderson EXIT Realty Midwest

  1305 18th Ave W, Spencer, IA 51301
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  /13

  $150,000

  • 3 Beds
  • 1 Bath
  • 1,008 Sq Ft

  209 Southmoor Dr, Spencer, IA 51301

  Opportunity knocks! This 3-bedroom home offers a solid main floor that's move-in ready, with the potential for a 4th bedroom or office, and additional half bath in the unfinished lower level--perfect for anyone looking to build equity and customize to their taste. Major updates already completed include a brand new HVAC system, water heater, exterior electrical service panel, interior electrical

  Nicole Nimke EXIT Realty Midwest- Spencer/Emmetsburg

  209 Southmoor Dr, Spencer, IA 51301
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  /14

  $165,000

  • 2 Beds
  • 1 Bath
  • 1,107 Sq Ft

  1900 4th Ave SW Unit 227, Spencer, IA 51301

  Great Courtyard View. Spencer Golfview Condominium. Spacious 2-bedroom 1 bath unit located on the 2nd floor. This unit offers a well laid out main floor living area with space for formal dining table, kitchen has new quartz counter tops and all new appliance package, updated bath with new custom walk-in shower. Large covered private balcony with courtyard view. Golfview Condominiums offers

  Susanne Hallett Realty Professionals

  1900 4th Ave SW Unit 227, Spencer, IA 51301
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  /18

  $171,000

  • 4 Beds
  • 2 Baths
  • 1,802 Sq Ft

  817 Fisher Ct, Spencer, IA 51301

  This well-maintained ranch-style home offers comfortable, one-level living with 3 bedrooms, 2 bathrooms. The lower level has great spaces, a family room and possible bedroom or office. The kitchen features ample cabinet and counter space, modern appliances, perfect for families, retirees, or anyone looking for a cozy and functional home. Enjoy Iowa’s beautiful seasons in the large backyard,

  Bob Bates Northwest Iowa Realty

  817 Fisher Ct, Spencer, IA 51301
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  /17

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,095 Sq Ft

  603 5th Ave SE, Spencer, IA 51301

  Enjoy this open, 2-BR home in quiet neighborhood, near walking and biking trails. Waiting on your own personal TLC. Large garage for hobbies and equipment. Partially fenced backyard offers space for entertainment. Full and finished basement. Contact your favorite real estate agent before this slips away!

  John Goede Century 21 ProLink

  603 5th Ave SE, Spencer, IA 51301
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  /14

  $129,900

  19 E 21st St, Spencer, IA 51301

  This versatile half-acre commercial property offers excellent proximity to major highways, making it ideal for distribution, storage, or business expansion. Featuring high-quality cold storage facilities, it’s perfectly suited for businesses requiring temperature-controlled environments. A strategic location and specialized infrastructure make this a rare opportunity for investors or growing

  Nick Steffes Integrity Real Estate

  19 E 21st St, Spencer, IA 51301
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  /30

  $175,000

  • 3 Beds
  • 1.5 Baths
  • 1,864 Sq Ft

  612 W 4th St, Spencer, IA 51301

  Welcome to your own slice of paradise in the heart of Spencer! This beautifully maintained 3-bedroom, 2-bath home offers comfort, convenience and stunning natural surroundings! The floor plan is spacious and inviting with warm, filtered light throughout. Your backyard opens up to the tranquil Little Sioux River, the perfect setting for peaceful mornings with coffee or evenings with friends!

  Bob Bates Northwest Iowa Realty

  612 W 4th St, Spencer, IA 51301
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  /5

  $419,900

  2416 4th Ave W, Spencer, IA 51301

  An exceptional opportunity awaits on this 1.33-acre property, ideally situated in a high-traffic, prime location. This versatile lot features multiple structures perfectly suited for: Commercial or industrial storage Workshop or mechanic shop Retail operations or service-based business Flex space for expansion or customization Whether you're an entrepreneur, investor, or tradesperson, this

  Nick Steffes Integrity Real Estate

  2416 4th Ave W, 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
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  /22

  $139,000

  • 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
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  /37

  $550,000

  • 4 Beds
  • 3.5 Baths
  • 3,818 Sq Ft

  1512 17th Ave W, Spencer, IA 51301

  Impeccably maintained and full of high-end features, this 4-bedroom, 4-bathroom home offers luxurious living with direct park access right in the backyard. The main floor features three bedrooms, including a spacious primary suite with a walk-in closet, whirlpool tub, and separate walk-in shower. Enjoy an open-concept layout with soaring ceilings, real hardwood floors, and oversized windows that

  Michelle Lohman EXIT Realty Midwest- Spencer/Emmetsburg

  1512 17th Ave W, Spencer, IA 51301
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  /12

  $150,000

  • 3 Beds
  • 2 Baths
  • 912 Sq Ft

  313 9th St SW, Spencer, IA 51301

  All brand new! This house was completely renovated inside after the flood in June 2024. New electric, HVAC, plumbing, flooring, kitchen, and additional ensuite bathroom added while the work was done. A ranch-style home with three bedrooms, two bathrooms, laundry right off the kitchen and fenced-in backyard with utility shed. This house was re-built to make maintenance easy!

  Kate Padilla eXp Realty LLC

  313 9th St SW, Spencer, IA 51301
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  /19

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,444 Sq Ft

  602 E 10th St, Spencer, IA 51301

  Two-Bedroom Home in a great location with the potential of a 3rd lower level bedroom. This home features a fenced yard, spacious patio and an oversized two-car detached garage for all your toy storage needs. This home offers a wonderful canvas for your personal touches. Located close to the Spencer Middle School, Parks and Trails. Don't miss your opportunity to invest in a property with so much

  Kim Bates Northwest Iowa Realty

  602 E 10th St, Spencer, IA 51301
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  /16

  $159,000

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

  821 Fisher Ct, Spencer, IA 51301

  Enjoy the peacefulness of living on a no outlet street. Shaded back Yard with flower beds, 2-bedroom, 2 bathrooms, 2 living rooms front and back, New Refrigerator, New Stove/Oven, New Dishwasher, New exhaust hood, Fresh Paint. New carpet, looking for new owners!

  Jason Grinnen RE/MAX Lakes Realty

  821 Fisher Ct, Spencer, IA 51301
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  /36

  $745,000

  • 5 Beds
  • 3.5 Baths
  • 6,296 Sq Ft

  3580 200th Ave, Spencer, IA 51301

  Imagine... The ultimate Iowa retreat, blending Hamptons. Elegance with 20 acres of natural splendor, complete with a spring-fed pond and serene river! Featuring bookshelves, two fireplaces, wine cellar, custom kitchen cabinetry and rich wood flooring. Outdoors, a shaded grove of mature willow trees lines the properties beautifully landscaped grounds with a spacious pergola-covered patio, garden

  Tricia Wempe Ingvall Real Estate Team

  3580 200th Ave, Spencer, IA 51301
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  /33

  $424,000

  • 5 Beds
  • 3.5 Baths
  • 3,337 Sq Ft

  1227 W 4th St, Spencer, IA 51301

  Room to roam and space to play! This 5-bedroom, 4-bathroom beauty on West 4th Street brings you nearly 5000 sq ft of comfort and charm. Just steps from the YMCA and schools. New carpet and sleek tile throughout, while multiple living areas means there's rooms for everyone to spread out. Whip up your next meal in the bright and cheerful kitchen with granite counters and stainless-steel appliances.

  Katie Muhlbauer Integrity Real Estate

  1227 W 4th St, Spencer, IA 51301
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  /15

  $165,000

  • 3 Beds
  • 2 Baths
  • 1,288 Sq Ft

  611 E 17th St, Spencer, IA 51301

  Well-Maintained 3 Bedroom, 2 Bathroom Ranch Home with Full Basement and DOUBLE Car Attached Garage! This clean and well-cared-for ranch-style home offers 3 bedrooms and 2 bathrooms, all conveniently located on the main floor, along with main-level laundry for added ease. Each bedroom features large closets and plenty of storage, making everyday living more functional. While there is carpet

  Abby G My Real Estate Company

  611 E 17th St, Spencer, IA 51301
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  /15

  $110,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  900 W 5th St, Spencer, IA 51301

  Live in it to love it or an investment opportunity!! Bring your creative ideas and make this 3 bedroom cape cod home shine again! Located close to several parks, Johnson school and the YMCA this home sits on a large corner lot and has most of the hard work and big items done. Offering you all new mechanicals including the furnace, water heater and electrical panel which have been installed and

  Bryan Sebastian Northwest Iowa Realty

  900 W 5th St, Spencer, IA 51301
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  /29

  $699,000

  • Land
  • 43 Acres
  • $16,084 per Acre

  00 18th St SE, Spencer, IA 51301

  Rare Opportunity: 43.46 Acres of Prime Land with Little Sioux River Frontage Discover a truly exceptional property that offers the perfect blend of seclusion, natural beauty, and convenience. Spanning 43.46 acres, this rare offering is part of a recently offered 77-acre parcel and features a diverse landscape, including oak savannah, river bottom woodlands, and rolling prairie. A key highlight

  Doug Small Hinn Real Estate

  00 18th St SE, Spencer, IA 51301
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  /15

  $179,900

  • 3 Beds
  • 2.5 Baths
  • 1,536 Sq Ft

  915 1st Ave SW, Spencer, IA 51301

  Spacious, Stylish, and Move-In Ready! Step into this newly updated home featuring a generous open-concept layout and stylish finishes throughout. With 3 oversized bedrooms, each larger than the last, there’s room for everyone to spread out and relax. Key Features: Open-concept living and dining area, perfect for entertaining Classic brick fireplace adds warmth and charm 2 full bathrooms and

  Nick Steffes Integrity Real Estate

  915 1st Ave SW, Spencer, IA 51301
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  /17

  $189,900

  • 3 Beds
  • 1 Bath
  • 1,107 Sq Ft

  422 11th Ave W, Spencer, IA 51301

  Charming 3-bedroom ranch home, steps away from the YMCA, and the Clay County Fairgrounds! Inviting main floor complete with beautiful hardwood floors, a kitchen with plenty of cabinet space, 3 bedrooms, and a newer stackable washer and dryer for the convenience of main floor living. The lower level is a blank canvas, and ready for your personal finishes! New furnace, water heater, 2 electrical

  Nicole Nimke EXIT Realty Midwest- Spencer/Emmetsburg

  422 11th Ave W, Spencer, IA 51301
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  /2

  $50,000

  • 3 Beds
  • 2 Baths
  • 1,301 Sq Ft

  505 E 3rd St, Spencer, IA 51301

  Investor special! Bring your skillset and ingenuity into this duplex, and restore it into your next income-producing property. A two-bedroom home on the main level and a studio apartment--with a separate entrance--on the second floor.

  Kate Padilla eXp Realty LLC

  505 E 3rd St, Spencer, IA 51301
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  /17

  $79,500

  • Land
  • 14 Acres
  • $5,848 per Acre

  2610 W 13th St, Spencer, IA 51301

  13.96 Ac Located West of the Spencer Golf and Country Club overlooking the Little Sioux River. An adjoining 60ft x 150ft parcel can be purchased for $29,500 this parcel has access to city water, sewer, SMU electric and natural gas and is located in 500-year flood plain according to the City of Spencer. Perfect for a Home, Shouse or Storage Building.

  Mark Hallett Realty Professionals

  2610 W 13th St, Spencer, IA 51301
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  /26

  $339,900

  • 3 Beds
  • 2 Baths
  • 1,715 Sq Ft

  507 25th St SW, Spencer, IA 51301

  NEW TOWNHOME Located near the Spencer Muni Golf Course. Features one level living with a spacious 1715 square feet of living area, three bedrooms, custom kitchen, large pantry, granite countertops, two baths, covered porch easily converted to 3 season room, and insulated 24 ft x 30ft double attached garage. Still time to pick colors, cabinets, flooring.

  Susanne Hallett Realty Professionals

  507 25th St SW, 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 $228,844.

Are home prices dropping in Spencer?

Yes, home prices in Spencer are down 18% in the last 12 months.

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

41 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, 51357, 51351 and 51346.

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

The median home price in Spencer is $174,900. If you put a 20% down payment of $35,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $890 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $38K a year to afford the median home price in Spencer.

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 Johnson Elementary School, Spencer High School and Spencer Middle School. Browse all the schools in Spencer, IA to learn more.

Home Trends in Spencer, IA

On average, homes in Spencer, IA sell after 60 days on the market compared to the national average of 52 days. The median sale price for homes in Spencer, IA over the last 12 months is $169,900, down 19% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$169,900

Median Single Family Sale Price

$145,500

Median 2 Bedroom Sale Price

$55,000

Average Price Per Sq Ft

$114

Number of Homes for Sale

2

Last 12 months Home Sales

41

Months of Supply

0.60

Median List Price

$174,900

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

-19%