Spencer, SD Real Estate Market Summary – September 8, 2026

In Spencer, SD, there were 13 homes sold in the last 30 days, with an average living area of 1,566 square feet. The median sale price for these homes was $195,000, and homes typically spent about 17 days on the market before finding a buyer.

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 17
Average Year Built 1953

 

Spencer, SD Single Family Home Analysis

The single-family segment also saw 13 homes sold, with a similar average living area of 1,566 square feet and a median sale price of $195,000. Homes in this segment were on the market for an average of 17 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 17
Average Year Built 1953

 

Spencer, SD Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • 1 home sold approximately every 2 days
  • Average days on market around 17
  • Median sale price of $195,000
  • No sales data available for condo/townhome segment

Conclusion

Overall, the market in Spencer shows consistent activity in the single-family home category, with homes taking a relatively short time to sell. The absence of condo and townhome sales suggests a lack of activity in that segment.

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