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Today: September 23, 2025

Current Price

$267,255

1 Month Forecast

$268,748

1-Year Forecast *

$280,708

5-Year Forecast *

$313,067

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (South Dakota State, McCook County) worth it?" According to our live Forecast System, buying a house in Spencer is a acceptable 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 South Dakota State, McCook 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 267,255 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 313,067 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +17.14% meaning that investing 100000 USD today may yield a profit of 17,142 USD by 2030.

Current Median Listing Price: 267,255 USD Median Listing Price Per Square Foot: 148 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 (South Dakota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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: $280,708* (upside of 5.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $259,304 $267,255 $259,304 $267,542
2023 $262,991 $259,453 $257,180 $262,991
2022 $249,282 $266,390 $249,282 $271,442
2021 $223,340 $244,903 $223,340 $244,903
2020 $188,284 $219,916 $188,284 $219,916
2019 $186,162 $188,406 $185,903 $188,903
2018 $181,959 $185,992 $181,959 $188,857
2017 $160,472 $179,324 $158,026 $179,324
2016 $151,395 $159,004 $151,395 $159,004
2015 $0 $150,732 $0 $150,732
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

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 $267,255 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 148 USD.

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

Yes. The Spencer home prices may rise from 267,255 USD to 280,708 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +5.03% 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 313,067 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 358,986 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 23850. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in McCook, Spencer increased, 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 increased by 0.269% to 267,255 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 4.694% in 2020
  • 6.504% in 2021
  • 6.844% in 2022
  • 3.394% in 2023
  • 4.574% in 2024
  • 4.814% in 2025

Based on our Spencer real estate market research and report the predicted sales prices will increase by 63.417% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: increasing 1 times and decreasing 2 times.

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

Below you will find the price predictions for 2025, 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
January 2025 268748 252354 285141
February 2025 270249 250791 289707
March 2025 271758 248387 295129
April 2025 273276 254967 291586
May 2025 274802 251169 298436
June 2025 276337 251467 301208
July 2025 277881 262875 292886
August 2025 279433 263505 295361
September 2025 280994 253737 308250
October 2025 280797 256367 305226
November 2025 280669 261303 300035
December 2025 280708 264708 296709
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 281256 256786 305725
February 2026 282827 254827 310827
March 2026 284406 267911 300902
April 2026 285995 263401 308588
May 2026 287592 263147 312038
June 2026 289199 262303 316094
July 2026 290814 273074 308554
August 2026 292438 270213 314664
September 2026 294072 271428 316715
October 2026 295714 278267 313161
November 2026 297120 275728 318513
December 2026 296353 269978 322729
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 295632 278189 313074
February 2027 294594 265724 323464
March 2027 293560 267727 319393
April 2027 292530 273808 311252
May 2027 291503 268766 314240
June 2027 290480 262304 318657
July 2027 290162 268980 311344
August 2027 291033 275900 306167
September 2027 292496 267926 317066
October 2027 292584 271225 313942
November 2027 293054 274592 311516
December 2027 293281 277150 309411
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 293437 275538 311337
February 2028 293647 264283 323012
March 2028 292726 271942 313510
April 2028 292558 276760 308356
May 2028 292723 269890 315555
June 2028 294358 277285 311430
July 2028 296002 277354 314650
August 2028 297655 278605 316705
September 2028 298493 277599 319388
October 2028 298644 282219 315069
November 2028 298633 276534 320732
December 2028 297585 280623 314548
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 296541 278748 314333
February 2029 296106 275083 317130
March 2029 297760 271259 324261
April 2029 299423 273673 325173
May 2029 301095 276105 326086
June 2029 302777 287336 318219
July 2029 304468 279197 329739
August 2029 306169 284431 327907
September 2029 307879 286635 329123
October 2029 309599 289475 329723
November 2029 311328 287044 335611
December 2029 313067 296474 329659
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 312847 285630 340065
February 2030 312705 289252 336158
March 2030 312749 286791 338707
April 2030 313359 296124 330593
May 2030 315109 287695 342523
June 2030 316869 300709 333029
July 2030 318639 288368 348910
August 2030 320419 294785 346052
September 2030 322208 304809 339607
October 2030 324008 302299 345716
November 2030 325818 293887 357748
December 2030 327637 298478 356797
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 329467 308052 350883
February 2031 331034 297931 364138
March 2031 330180 307067 353292
April 2031 329375 305002 353749
May 2031 328219 304916 351523
June 2031 327068 309733 344402
July 2031 325920 299520 352319
August 2031 324776 298144 351408
September 2031 323636 306160 341112
October 2031 323282 295803 350761
November 2031 324252 302203 346302
December 2031 325882 301767 349997
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 325980 298597 353362
February 2032 326504 303648 349359
March 2032 326756 299309 354204
April 2032 326931 301430 352431
May 2032 327165 298702 355628
June 2032 326138 298416 353860
July 2032 325951 300201 351701
August 2032 326135 302653 349616
September 2032 327956 296144 359768
October 2032 329788 298458 361118
November 2032 331630 306758 356502
December 2032 332564 311945 353183

> 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.