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Today: September 23, 2025

Current Price

$144,455

1 Month Forecast

$150,411

1-Year Forecast *

$157,248

5-Year Forecast *

$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 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 165,405 USD by 2030-09-23. 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 2030.

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: 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: $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 165,405 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 164,560 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 2.309% to 144,455 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 10.316% in 2020
  • 9.526% in 2021
  • 8.266% in 2022
  • 10.636% in 2023
  • 9.306% in 2024
  • 10.696% in 2025

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: increasing 1 times and decreasing 9 times.

Spencer (Virginia) 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
August 2025 150411 141837 158984
September 2025 150032 136079 163985
October 2025 149209 135333 163086
November 2025 150789 142345 159233
December 2025 152498 143043 161953
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 153575 140675 166476
February 2026 152428 142977 161878
March 2026 151617 143733 159501
April 2026 151806 141483 162129
May 2026 153252 144364 162141
June 2026 155238 145613 164862
July 2026 157248 145926 168570
August 2026 159285 150524 168046
September 2026 161348 149570 173127
October 2026 163438 149219 177657
November 2026 163750 154907 172592
December 2026 163099 147931 178267
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 161995 148226 175765
February 2027 162989 151416 174561
March 2027 164531 151039 178022
April 2027 165852 152252 179452
May 2027 165491 149769 181212
June 2027 163716 154220 173212
July 2027 162070 150401 173740
August 2027 161891 150397 173385
September 2027 163641 155459 171823
October 2027 164841 153796 175885
November 2027 165848 157555 174140
December 2027 165555 152642 178468
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 165660 153070 178251
February 2028 164903 156328 173477
March 2028 163689 152395 174984
April 2028 161787 151109 172465
May 2028 161127 146626 175629
June 2028 163214 153258 173170
July 2028 162924 154778 171070
August 2028 161666 153098 170235
September 2028 159787 151638 167936
October 2028 157930 144506 171354
November 2028 156094 142358 169831
December 2028 154280 141166 167394
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 152640 140277 165004
February 2029 152256 137639 166873
March 2029 151421 139611 163232
April 2029 153024 143690 162359
May 2029 154759 146556 162961
June 2029 155852 144319 167385
July 2029 154687 141539 167836
August 2029 153864 144478 163250
September 2029 154056 144659 163454
October 2029 155524 146037 165011
November 2029 157539 147141 167936
December 2029 159579 147611 171548
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 161646 153403 169890
February 2030 163740 151951 175530
March 2030 165861 154583 177140
April 2030 166177 157536 174819
May 2030 165517 151945 179089
June 2030 164397 153547 175247
July 2030 165405 154157 176652
August 2030 166970 153612 180328
September 2030 168311 157539 179083
October 2030 167944 152661 183227
November 2030 166143 151190 181096
December 2030 164473 148848 180098
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 164291 155419 173163
February 2031 166067 152283 179851
March 2031 167284 151225 183344
April 2031 168306 159218 177395
May 2031 168009 156585 179434
June 2031 168116 156684 179548
July 2031 167347 154127 180568
August 2031 166116 152826 179405
September 2031 164185 149244 179126
October 2031 163516 154032 173000
November 2031 165634 149402 181866
December 2031 165339 151782 178897
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 164063 153891 174235
February 2032 162156 151778 172534
March 2032 160271 150014 170529
April 2032 158408 149854 166962
May 2032 156567 141850 171285
June 2032 154903 146693 163113
July 2032 154513 146015 163011
August 2032 153666 140451 166881
September 2032 155293 139919 170667
October 2032 157053 145431 168675
November 2032 158162 144877 171448
December 2032 156980 146463 167498
Spencer Housing Market Forecast with Real Estate Prices for 2033
January 2033 156145 142561 169730
February 2033 156340 148210 164470
March 2033 157830 146782 168878
April 2033 159874 143887 175862
May 2033 161945 153038 170852
June 2033 164043 154528 173557
July 2033 166168 156530 175805

> 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.