Spencer, TN Housing Statistics

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53%

Med. Home Val. NAT. AVG.

49%

Rent NAT. AVG.

17%

Owner Occ. NAT. AVG.

Spencer Housing Information

Index	Spencer	Tennessee	National
Median home price	$154,531	$262,129	$326,622
Median rent asked	$736	$1,162	$1,444
Avg. people per household	2.3	2.5	2.6
Owner occupied households	74.4%	66.3%	63.6%
Renter occupied households	25.6%	33.7%	36.4%

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Homes For Sale In Spencer, TN

747 Old County Farm Rd

Spencer, TN

540 Spencer Dr

Spencer, TN

283 Markum Ln

Spencer, TN

1604 Goforth Rd

Spencer, TN

Housing Quick Facts

The median home price in Spencer is 53% lower than the national average.
The median rent asked in Spencer is 49% 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

	Population	Home Price	National Avg.
Doyle, TN	609	$169,101	48%
Pikeville, TN	2,515	$212,630	35%
Sparta, TN	5,117	$251,048	23%
Spencer, TN	1,443	$154,531	53%

Cities with similar population

	Population	Home Price	National Avg.
New Middletown, OH	1,443	$202,749	38%
Gardendale, TX	1,443	$509,621	56%
Pinetops, NC	1,443	$130,553	60%
Grant, NE	1,444	$201,091	38%
Black Lick, PA	1,444	$185,516	43%
Spencer, TN	1,443	$154,531	53%

Source: The Spencer, TN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.