Spencer, TN Real Estate Market Summary – September 8, 2026
In Spencer, Tennessee, the real estate market has seen 4 homes sold in the last 30 days, with an average sale price of $406,250 and a median sale price of $395,000. The average living area for these homes was 1,309 square feet, and the average time on the market was about 14 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1309 |
| Median Sales Price | $395,000 |
| Average Sales Price | $406,250 |
| Average Price Per SQFT | $375 |
| Average Days on Market | 14 |
| Average Year Built | 1998 |
Spencer, TN Single Family Home Analysis
For single-family homes in Spencer, 4 properties were sold during the last 30 days, maintaining an average sale price of $406,250. These homes averaged 1,309 square feet and were listed for approximately 14 days before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 4 |
| Sold Per Day | 1 every 7.50 days |
| Average SQFT | 1309 |
| Median Sales Price | $395,000 |
| Average Sales Price | $406,250 |
| Average Price Per SQFT | $375 |
| Average Days on Market | 14 |
| Average Year Built | 1998 |
Spencer, TN Condo & Townhome Analysis
There is no market data available for that home type at this time.
Buyer & Seller Analysis
- Homes were sold at a pace of 1 every 7.50 days.
- Average days on market was about 14 days.
- The average price per square foot for sold homes was $375.
- Data on condo and townhome sales is not available.
Conclusion
Overall, the real estate activity in Spencer remains steady with limited inventory in certain segments. As the market evolves, it’s essential for potential buyers and sellers to stay informed about local trends.