Current Price

$182,582

1 Month Forecast

â–² $198,483

1-Year Forecast *

â–² $210,220

5-Year Forecast *

â–² $239,446

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (Iowa State, Clay County) worth it?" According to our live Forecast System, buying a house in Spencer is a good short-term (1-year) investment*. The Spencer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Spencer" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Spencer in Iowa State, Clay County. If you are looking for homes for sale with good flipping profit, Spencer can be a profitable property investment option. The median price of an average house in Spencer was 182,582 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 239,446 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +31.14% meaning that investing 100000 USD today may yield a profit of 31,144 USD by 2031.

Current Median Listing Price: 182,582 USD Median Listing Price Per Square Foot: 101 USD

Spencer Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Spencer (Iowa State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Spencer Price Target

Spencer median home price target in 12 months: $210,220* (upside of 15.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $192,872 $197,450 $192,872 $197,450
2024 $178,356 $182,582 $178,296 $182,582
2023 $174,628 $178,519 $174,628 $178,519
2022 $163,855 $174,390 $163,855 $175,027
2021 $146,705 $161,892 $146,705 $161,892
2020 $139,021 $145,799 $138,005 $145,799
2019 $132,177 $139,340 $132,177 $139,340
2018 $129,561 $131,704 $129,561 $131,704
2017 $125,944 $129,313 $125,944 $129,313
2016 $119,199 $125,478 $119,199 $125,478
2015 $111,946 $118,224 $111,946 $118,224
2014 $110,264 $111,356 $109,982 $114,491
2013 $104,141 $110,800 $104,141 $111,639
2012 $103,037 $103,456 $102,281 $104,061

Questions & Answers about the Spencer Housing Market Forecast

How much does an average home cost in Spencer today?

The value of an average home (the listing price) in Spencer is $182,582 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 101 USD.

Will the median listing price of homes in Spencer grow / rise / go up?

Yes. The Spencer home prices may rise from 182,582 USD to 210,220 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +15.14% in one year.

Will Spencer house prices fall / drop?

No. See above.

What is the predicted price of a Spencer home in 2030?

The predicted home sales price of a Spencer home in 2030 in Spencer is 227,348 USD.

What is the predicted price of a Spencer home in 2035?

The predicted home sales price of a Spencer home in 2035 in Spencer is 272,736 USD.

Will real estate prices decrease in Spencer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Spencer is the 4732. largest city in the United States, located in Iowa State.

During the last 12 months the real estate prices in Clay, Spencer decreased, looking at the past 12 months.

According to Walletinvestor's Spencer real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.601% to 182,582 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 15.127% in 2021
  • 14.887% in 2022
  • 16.987% in 2023
  • 16.777% in 2024
  • 15.807% in 2025
  • 14.477% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 309.412% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: increasing 5 times .

Spencer (Iowa) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Spencer Housing Market Forecast with Real Estate Prices for 2025
August 2025 198483 179032 217935
September 2025 199523 181366 217679
October 2025 200568 181313 219822
November 2025 201618 188109 215126
December 2025 202674 184636 220711
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 203735 191103 216366
February 2026 204802 192104 217499
March 2026 205874 192286 219462
April 2026 206952 195363 218541
May 2026 208036 191185 224887
June 2026 209125 198460 219790
July 2026 210220 195294 225146
August 2026 211321 193359 229283
September 2026 212427 194371 230484
October 2026 213540 192826 234253
November 2026 214658 195339 233977
December 2026 215782 200677 230887
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 216196 195009 237383
February 2027 215716 196517 234915
March 2027 215207 198420 231993
April 2027 215263 203639 226887
May 2027 215409 201192 229626
June 2027 215702 200603 230802
July 2027 215860 199886 231834
August 2027 216491 197007 235975
September 2027 217183 196985 237381
October 2027 217930 202457 233403
November 2027 218419 198543 238295
December 2027 218866 205077 232654
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 219297 204823 233770
February 2028 219743 208317 231170
March 2028 220189 200372 240006
April 2028 220395 206069 234721
May 2028 220509 204853 236165
June 2028 220308 208191 232425
July 2028 220233 202394 238072
August 2028 220485 205272 235699
September 2028 221055 209781 232329
October 2028 222004 200914 243095
November 2028 222866 203254 242478
December 2028 223349 204365 242334
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 223629 204397 242861
February 2029 223618 209753 237482
March 2029 224111 203045 245178
April 2029 224539 203207 245870
May 2029 225528 211771 239285
June 2029 226709 208799 244619
July 2029 227348 205750 248946
August 2029 227633 204869 250396
September 2029 227650 216268 239033
October 2029 228452 216572 240331
November 2029 229648 214951 244345
December 2029 230851 216076 245625
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 232059 213727 250392
February 2030 233274 215079 251470
March 2030 234496 221130 247862
April 2030 235724 215216 256232
May 2030 236958 225110 248806
June 2030 238199 214617 261781
July 2030 239446 224122 254771
August 2030 240700 216630 264770
September 2030 241961 226959 256962
October 2030 243228 223283 263172
November 2030 244501 230565 258438
December 2030 245781 229560 262003
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 247068 232986 261151
February 2031 248362 233957 262767
March 2031 249663 225445 273880
April 2031 250970 227630 274310
May 2031 252284 233363 271205
June 2031 252768 227744 277792
July 2031 252207 230265 274149
August 2031 251611 236515 266708
September 2031 251677 232550 270805
October 2031 251848 232204 271493
November 2031 252191 235294 269088
December 2031 252376 229662 275089
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 253113 233876 272350
February 2032 253923 230816 277029
March 2032 254796 234922 274670
April 2032 255368 240301 270434
May 2032 255890 230557 281223
June 2032 256394 241523 271264
July 2032 256916 233793 280038

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.