Spencer, IA Real Estate Market Summary – September 7, 2026
In the Spencer, IA real estate market, there were 13 properties sold over the last month. The average sale price was $183,308, with homes selling at a pace of 1 every 2.31 days. The average days on market before the homes sold was approximately 15 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 13 |
| Sold Per Day | 1 every 2.31 days |
| Average SQFT | 1566 |
| Median Sales Price | $195,000 |
| Average Sales Price | $183,308 |
| Average Price Per SQFT | $119 |
| Average Days on Market | 15 |
| Average Year Built | 1953 |
Spencer, IA Single Family Home Analysis
All single-family homes sold in Spencer averaged 1,566 square feet and had a median sale price of $195,000. The properties were built on average in 1953 and spent around 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 13 |
| Sold Per Day | 1 every 2.31 days |
| Average SQFT | 1566 |
| Median Sales Price | $195,000 |
| Average Sales Price | $183,308 |
| Average Price Per SQFT | $119 |
| Average Days on Market | 15 |
| Average Year Built | 1953 |
Spencer, IA Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- 1 home listed approximately every 2 days
- Average days on market is about 15
- Median sale price is $195,000
- Sales data does not account for current listings
Conclusion
Overall, the Spencer market shows a consistent activity level with a steady pace of sales and manageable time frame for listings.