Spencer Housing Information - Census

IndexSpencerTennesseeNational
Median home price$83,900$146,000$184,700
Median rent asked$422$782$949
Avg. people per household2.62.52.6
Owner occupied households82.7%66.3%63.6%
Renter occupied households17.3%33.7%36.4%

Spencer Housing Information - Zillow

IndexSpencerTennesseeNational
Zillow home value indexn/a$139,700$196,500
Year over year appreciation raten/a7.63%6.79%
5 year average appreciation raten/a4.00%5.28%
10 year average appreciation raten/a1.57%0.01%

Did you know?

  • The median home price in Spencer is 55% lower than the national average.
  • The median rent asked in Spencer is 56% lower than the national average.
  • The average number of people per household in Spencer is equal to the national average.
  • The number of owner occupied households in Spencer is 30% higher than the national average.
  • The number of renter occupied households in Spencer is 52% lower than the national average.

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Compare Spencer, TN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Doyle, TN531$74,60060%
Sparta, TN5,063$90,90051%
Pikeville, TN2,062$116,30037%
Spencer, TN1,594$83,90055%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Bridgeport, NY1,593$86,90053%
Harbor Hills, OH1,593$170,9007%
Amity, OR1,593$165,00011%
East Hazel Crest, IL1,595$105,70043%
Richland, GA1,593$50,80072%
Spencer, TN1,594$83,90055%
Source: The Spencer, TN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.