Current Price

$144,455

1 Month Forecast

â–² $150,411

1-Year Forecast *

â–² $157,248

5-Year Forecast *

â–² $165,405

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (Virginia State, Henry 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 Virginia State, Henry 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 144,455 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 165,405 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +14.50% meaning that investing 100000 USD today may yield a profit of 14,502 USD by 2031.

Current Median Listing Price: 144,455 USD Median Listing Price Per Square Foot: 80 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 (Virginia 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: $157,248* (upside of 8.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $165,341 $152,026 $152,026 $165,341
2024 $146,805 $144,455 $144,455 $148,717
2023 $137,540 $148,397 $137,540 $148,721
2022 $0 $135,295 $0 $135,580
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $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 $144,455 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 80 USD.

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

Yes. The Spencer home prices may rise from 144,455 USD to 157,248 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +8.86% 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 154,687 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 168,529 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 17439. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Henry, 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 11.795% to 144,455 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.396% in 2021
  • 8.836% in 2022
  • 6.886% in 2023
  • 8.346% in 2024
  • 8.026% in 2025
  • 8.906% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 133.630% in the next 10 years.

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

Spencer (Virginia) 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 150411 139581 161240
September 2025 150032 139680 160384
October 2025 149209 138019 160400
November 2025 150789 137369 164209
December 2025 152498 137553 167443
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 153575 142364 164786
February 2026 152428 141148 163707
March 2026 151617 139032 164201
April 2026 151806 143153 160459
May 2026 153252 138387 168118
June 2026 155238 145302 165173
July 2026 157248 149386 165111
August 2026 159285 144950 173621
September 2026 161348 149247 173450
October 2026 163438 155103 171774
November 2026 163750 152287 175212
December 2026 163099 150541 175658
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 161995 153086 170905
February 2027 162989 153861 172116
March 2027 164531 154824 174238
April 2027 165852 149267 182437
May 2027 165491 153575 177406
June 2027 163716 150455 176977
July 2027 162070 147970 176171
August 2027 161891 151044 172738
September 2027 163641 152350 174932
October 2027 164841 150005 179676
November 2027 165848 155897 175799
December 2027 165555 154297 176813
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 165660 152242 179079
February 2028 164903 156657 173148
March 2028 163689 152886 174493
April 2028 161787 147549 176024
May 2028 161127 145337 176918
June 2028 163214 149994 176435
July 2028 162924 152497 173351
August 2028 161666 147601 175731
September 2028 159787 150999 168575
October 2028 157930 146559 169301
November 2028 156094 143919 168270
December 2028 154280 139006 169554
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 152640 137682 167599
February 2029 152256 139619 164893
March 2029 151421 139005 163838
April 2029 153024 143384 162665
May 2029 154759 142842 166675
June 2029 155852 144475 167229
July 2029 154687 146489 162886
August 2029 153864 145863 161865
September 2029 154056 139729 168383
October 2029 155524 139972 171077
November 2029 157539 143203 171875
December 2029 159579 145058 174101
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 161646 149200 174093
February 2030 163740 155553 171927
March 2030 165861 152426 179296
April 2030 166177 153049 179305
May 2030 165517 154262 176772
June 2030 164397 153876 174918
July 2030 165405 156638 174171
August 2030 166970 153779 180161
September 2030 168311 159895 176726
October 2030 167944 155012 180876
November 2030 166143 154015 178271
December 2030 164473 151973 176973
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 164291 154598 173984
February 2031 166067 155605 176529
March 2031 167284 152731 181838
April 2031 168306 159723 176890
May 2031 168009 155072 180946
June 2031 168116 155171 181061
July 2031 167347 150780 183914
August 2031 166116 154986 177245
September 2031 164185 155812 172558
October 2031 163516 149454 177578
November 2031 165634 152218 179050
December 2031 165339 154592 176086
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 164063 152414 175711
February 2032 162156 149508 174804
March 2032 160271 150815 169727
April 2032 158408 144944 171873
May 2032 156567 143572 169562
June 2032 154903 146693 163113
July 2032 154513 142152 166874

> 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.