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Spencer Real Estate Market Facts

  • $55,000Median home price
    63% lower than South Dakota
  • $413Median rent asked
    39% lower than South Dakota
  • 94.2%Home owners
    39% higher than South Dakota
  • 2.0People per home
    18% lower than South Dakota

Spencer Home Affordability

  • $55,000Median home price
    63% lower than South Dakota
  • $42,500Median home income
    18% lower than South Dakota
  • 1.3xHome price to income ratio
    54% lower than South Dakota

Spencer Affordability Calculator

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Spencer Mortgage Calculator

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Spencer Demographics

  • 131Population
  • 489People / sq mile
  • 54.1Median age
  • 0.9:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Farmer, SD2$0100%
Canova, SD96$28,80084%
Bridgewater, SD445$51,70072%
Fulton, SD107$68,50063%
Emery, SD512$71,90061%
Spencer, SD131$55,00070%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Erhard, MN131$70,00062%
Snelling, CA131$178,9003%
Rocklake, ND131$14,60092%
Alpine, OR131$157,00015%
Fenwood, WI131$86,10053%
Spencer, SD131$55,00070%
Source: The Spencer, SD housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).