Current Price

$412,215

1 Month Forecast

â–² $441,913

1-Year Forecast *

â–² $459,771

5-Year Forecast *

â–² $532,084

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (Massachusetts State, Worcester 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 Massachusetts State, Worcester 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 412,215 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 532,084 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +29.08% meaning that investing 100000 USD today may yield a profit of 29,079 USD by 2031.

Current Median Listing Price: 412,215 USD Median Listing Price Per Square Foot: 229 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 (Massachusetts 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: $459,771* (upside of 11.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $441,651 $438,847 $438,847 $442,623
2024 $392,460 $412,215 $392,217 $412,215
2023 $363,322 $392,697 $363,322 $392,697
2022 $333,400 $363,598 $333,400 $368,141
2021 $300,752 $330,189 $300,752 $332,343
2020 $266,261 $296,128 $266,261 $296,128
2019 $253,701 $264,763 $253,701 $264,763
2018 $241,621 $253,633 $241,621 $253,926
2017 $225,175 $240,890 $225,175 $240,890
2016 $209,801 $223,166 $209,801 $223,166
2015 $200,299 $209,063 $200,299 $209,063
2014 $196,179 $199,939 $196,179 $200,146
2013 $182,723 $194,957 $182,723 $194,957
2012 $190,056 $182,718 $182,718 $190,056

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 $412,215 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 229 USD.

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

Yes. The Spencer home prices may rise from 412,215 USD to 459,771 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +11.54% 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 523,428 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 632,588 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 4855. largest city in the United States, located in Massachusetts State.

During the last 12 months the real estate prices in Worcester, 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 6.755% to 412,215 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 11.656% in 2021
  • 9.976% in 2022
  • 11.286% in 2023
  • 9.736% in 2024
  • 11.326% in 2025
  • 9.886% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 197.968% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: decreasing 4 times.

Spencer (Massachusetts) 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 441913 416724 467102
September 2025 445000 421860 468140
October 2025 448109 417638 478581
November 2025 451240 412885 489596
December 2025 453205 408337 498072
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 451603 427668 475538
February 2026 449934 408090 491777
March 2026 449390 418382 480398
April 2026 450267 425052 475482
May 2026 453413 417140 489686
June 2026 456581 425990 487171
July 2026 459771 424828 494713
August 2026 462983 435667 490299
September 2026 466218 419596 512839
October 2026 469475 425814 513136
November 2026 472755 445335 500175
December 2026 474383 448292 500474
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 472754 444861 500646
February 2027 470718 444829 496608
March 2027 469316 443503 495128
April 2027 468652 435377 501926
May 2027 468296 427554 509038
June 2027 468491 444129 492852
July 2027 469730 428864 510597
August 2027 472816 435464 510169
September 2027 476120 431365 520875
October 2027 479446 447803 511090
November 2027 482796 456242 509350
December 2027 486169 446790 525549
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 489566 450890 528242
February 2028 492851 454902 530801
March 2028 494544 465366 523722
April 2028 495069 455463 534674
May 2028 494770 448262 541279
June 2028 494464 464302 524626
July 2028 496025 456343 535707
August 2028 499058 449651 548465
September 2028 502545 474905 530185
October 2028 505352 463407 547296
November 2028 507778 457000 558556
December 2028 510072 463656 556489
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 512729 486579 538878
February 2029 515021 474334 555708
March 2029 517038 471538 562537
April 2029 519292 490212 548373
May 2029 522920 488408 557433
June 2029 524071 481097 567045
July 2029 523428 474749 572107
August 2029 522384 474847 569920
September 2029 521356 477041 565671
October 2029 520191 487419 552963
November 2029 519600 467640 571560
December 2029 523230 479279 567182
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 526886 489477 564295
February 2030 530567 480694 580441
March 2030 534274 487258 581290
April 2030 536600 507624 565577
May 2030 534704 493532 575876
June 2030 532727 496502 568953
July 2030 532084 493242 570926
August 2030 533122 483008 583235
September 2030 536846 496046 577647
October 2030 540597 492484 588710
November 2030 544374 503002 585747
December 2030 548178 519672 576683
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 552008 521095 582920
February 2031 555865 503613 608116
March 2031 559748 523924 595572
April 2031 561676 525729 597623
May 2031 559747 530640 588854
June 2031 557336 506061 608611
July 2031 555676 500664 610688
August 2031 554889 521041 588738
September 2031 554469 513993 594945
October 2031 554699 523081 586317
November 2031 556167 525021 587312
December 2031 559821 526231 593410
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 563732 516379 611085
February 2032 567671 535313 600028
March 2032 571637 521333 621941
April 2032 575631 522097 629164
May 2032 579653 549511 609795
June 2032 583542 526939 640146
July 2032 585547 531676 639417

> 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.