A
54%
Med. Home Val. NAT. AVG.
48%
Rent NAT. AVG.
17%
Owner Occ. NAT. AVG.
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Spencer Housing Information

IndexSpencerTennesseeNational
Median home price$84,900$146,000$184,700
Median rent asked$495$782$949
Avg. people per household2.32.52.6
Owner occupied households74.4%66.3%63.6%
Renter occupied households25.6%33.7%36.4%
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Housing Quick Facts

  • The median home price in Spencer is 54% lower than the national average.
  • The median rent asked in Spencer is 48% lower than the national average.
  • The average number of people per household in Spencer is 13% lower than the national average.
  • The number of owner occupied households in Spencer is 17% higher than the national average.
  • The number of renter occupied households in Spencer is 30% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Doyle, TN589$92,50050%
      Pikeville, TN2,465$115,50037%
      Sparta, TN4,942$136,00026%
      Spencer, TN1,387$84,90054%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Ferndale, CA1,387$418,600127%
      Westwood, CA1,387$130,70029%
      New Windsor, MD1,387$287,00055%
      Elroy, WI1,387$88,70052%
      Dixfield, ME1,388$103,60044%
      Spencer, TN1,387$84,90054%
      Source: The Spencer, TN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).