Current Price

$200,286

1 Month Forecast

â–² $221,377

1-Year Forecast *

â–² $242,587

5-Year Forecast *

â–² $294,484

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (Tennessee State, Van Buren 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 Tennessee State, Van Buren 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 200,286 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 294,484 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +47.03% meaning that investing 100000 USD today may yield a profit of 47,032 USD by 2031.

Current Median Listing Price: 200,286 USD Median Listing Price Per Square Foot: 111 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 (Tennessee 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: $242,587* (upside of 21.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $221,833 $219,160 $219,160 $223,563
2024 $187,927 $200,286 $187,031 $200,286
2023 $176,827 $188,958 $176,827 $188,958
2022 $160,141 $176,354 $160,141 $179,425
2021 $133,939 $155,582 $133,939 $155,582
2020 $116,305 $131,819 $116,305 $131,819
2019 $103,827 $115,545 $103,827 $115,545
2018 $98,737 $103,283 $98,737 $103,283
2017 $96,527 $98,847 $95,929 $99,143
2016 $93,457 $95,828 $93,457 $95,828
2015 $89,071 $92,864 $89,071 $92,864
2014 $82,948 $88,395 $82,948 $88,395
2013 $76,437 $82,701 $76,266 $82,701
2012 $75,728 $76,876 $75,728 $77,760

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 $200,286 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 111 USD.

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

Yes. The Spencer home prices may rise from 200,286 USD to 242,587 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +21.12% 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 282,384 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 359,537 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 12294. largest city in the United States, located in Tennessee State.

During the last 12 months the real estate prices in Van Buren, 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 10.227% to 200,286 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 20.290% in 2021
  • 21.170% in 2022
  • 20.010% in 2023
  • 19.620% in 2024
  • 19.440% in 2025
  • 21.390% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 579.476% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: increasing 1 times and decreasing 4 times.

Spencer (Tennessee) 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 221377 207430 235323
September 2025 223615 201925 245306
October 2025 225877 214131 237622
November 2025 228161 212874 243448
December 2025 230468 215718 245218
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 232236 214353 250118
February 2026 232242 215986 248499
March 2026 233018 215075 250960
April 2026 235374 213955 256793
May 2026 237754 224202 251306
June 2026 240159 219505 260812
July 2026 242587 220754 264420
August 2026 245040 228133 261948
September 2026 246993 227728 266259
October 2026 248658 227771 269546
November 2026 251173 233591 268755
December 2026 253713 240266 267160
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 256279 241158 271399
February 2027 256251 233445 279057
March 2027 254746 229781 279711
April 2027 253098 239178 267019
May 2027 252152 234249 270054
June 2027 252829 233867 271791
July 2027 254900 239096 270704
August 2027 257478 242802 272154
September 2027 260082 236934 283229
October 2027 262533 236542 288524
November 2027 264197 245704 282691
December 2027 264855 248963 280746
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 265258 242445 288070
February 2028 266187 240899 291475
March 2028 267166 244991 289341
April 2028 268509 250251 286768
May 2028 268576 248433 288719
June 2028 267112 250551 283672
July 2028 265838 241912 289763
August 2028 267343 245154 289533
September 2028 270047 255194 284899
October 2028 272778 253956 291599
November 2028 275536 258453 292619
December 2028 277154 249993 304315
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 276760 260431 293089
February 2029 275927 255784 296069
March 2029 276013 258348 293678
April 2029 276449 256821 296077
May 2029 277964 258229 297700
June 2029 280775 254102 307449
July 2029 282384 256687 308081
August 2029 282965 260610 305319
September 2029 282343 255520 309165
October 2029 281223 263787 298659
November 2029 279404 261522 297285
December 2029 277896 263446 292347
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 280707 266391 295023
February 2030 283545 258877 308214
March 2030 286413 265218 307607
April 2030 289309 270504 308114
May 2030 292235 268272 316198
June 2030 294476 274746 314205
July 2030 294484 268864 320105
August 2030 295467 272125 318809
September 2030 298455 283532 313378
October 2030 301473 282782 320165
November 2030 304522 281987 327057
December 2030 307602 277457 337747
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 310712 283680 337744
February 2031 313189 290013 336364
March 2031 315300 298904 331696
April 2031 318489 296831 340146
May 2031 321709 300798 342620
June 2031 324963 306440 343486
July 2031 324927 296334 353521
August 2031 323019 303961 342077
September 2031 320930 301353 340506
October 2031 319729 288076 351382
November 2031 320588 300071 341106
December 2031 323214 294125 352304
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 326483 297426 355540
February 2032 329785 309008 350561
March 2032 332893 308259 357527
April 2032 335003 311218 358789
May 2032 335837 303597 368077
June 2032 336348 311794 360901
July 2032 337526 312212 362841

> 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.