Current Price

$119,816

1 Month Forecast

â–¼ $116,034

1-Year Forecast *

â–¼ $118,751

5-Year Forecast *

â–¼ $116,059

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (West Virginia State, Roane County) worth it?" According to our live Forecast System, buying a house in Spencer is a bad 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 West Virginia State, Roane County. If you are looking for homes for sale with good flipping profit, Spencer can be a bad, high-risk 1-year investment option. The median price of an average house in Spencer was 119,816 USD on 2026-03-04. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Spencer" area is 116,059 USD by 2031-03-04. For a 5-year investment the profit is expected to be around -3.14% meaning that investing 100000 USD today may yield a profit of 3,135 USD by 2031.

Current Median Listing Price: 119,816 USD Median Listing Price Per Square Foot: 67 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 (West 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: $118,751* (downside of 0.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $120,560 $115,474 $114,911 $120,560
2024 $112,515 $119,816 $112,475 $121,491
2023 $116,566 $112,459 $112,459 $116,566
2022 $117,548 $118,323 $117,548 $123,497
2021 $106,773 $115,586 $106,773 $116,489
2020 $92,684 $105,338 $92,684 $105,338
2019 $89,665 $92,603 $89,665 $92,603
2018 $84,416 $89,384 $84,416 $89,768
2017 $89,082 $83,917 $83,871 $89,163
2016 $88,975 $89,279 $88,893 $89,994
2015 $82,505 $87,931 $80,958 $87,931
2014 $80,373 $81,814 $77,988 $81,814
2013 $79,542 $81,365 $78,731 $82,074
2012 $74,066 $79,092 $74,066 $79,092

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 $119,816 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 67 USD.

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

No. The Spencer home prices may drop from 119,816 USD to 118,751 USD in one year.

Is it profitable to invest in Spencer homes?

Based on our forecast, the expected return is -0.89% in one year.

Will Spencer house prices fall / drop?

Yes. 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 116,072 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 116,532 USD.

Will real estate prices decrease in Spencer?

According to our analysis, there may be some price adjustment.

Short-Term Outlook Based On The Last 12 Months

Spencer is the 5719. largest city in the United States, located in West Virginia State.

During the last 12 months the real estate prices in Roane, Spencer increased, looking at the past 12 months.

According to Walletinvestor's Spencer real estate market research, home values will decrease in the next 12 months.

Median home values increased by 0.885% to 119,816 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 2.749% in 2021
  • 2.209% in 2022
  • 0.871% in 2023
  • 0.331% in 2024
  • 2.469% in 2025
  • 2.469% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will decrease by 8.539% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: increasing 1 times and decreasing 3 times.

Spencer (West 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 116034 106983 125085
September 2025 116597 108552 124642
October 2025 117163 106735 127590
November 2025 117367 111146 123587
December 2025 116911 106856 126965
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 116383 107538 125228
February 2026 116042 106643 125442
March 2026 116474 107622 125326
April 2026 117039 108144 125934
May 2026 117607 108316 126898
June 2026 118178 108369 127986
July 2026 118751 112220 125282
August 2026 119327 110616 128038
September 2026 119820 112870 126770
October 2026 120209 113597 126820
November 2026 119770 108152 131387
December 2026 119229 107902 130556
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 118691 110382 126999
February 2027 118155 107285 129025
March 2027 117621 107859 127384
April 2027 117090 109480 124701
May 2027 116562 105605 127519
June 2027 116036 104896 127175
July 2027 115512 105693 125330
August 2027 115586 105183 125988
September 2027 116041 109194 122887
October 2027 116288 109195 123382
November 2027 115988 107869 124107
December 2027 115604 106009 125199
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 115260 104195 126325
February 2028 114740 106823 122657
March 2028 114567 103798 125337
April 2028 114050 105040 123060
May 2028 114108 103952 124263
June 2028 114067 107679 120454
July 2028 114620 104648 124592
August 2028 115176 107344 123008
September 2028 115735 105088 126383
October 2028 116297 108505 124089
November 2028 116861 107162 126561
December 2028 117428 107564 127292
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 117720 105948 129492
February 2029 117461 108182 126740
March 2029 116931 105822 128039
April 2029 116527 108253 124800
May 2029 117092 109598 124586
June 2029 116598 108670 124527
July 2029 116072 110268 121875
August 2029 115548 106304 124792
September 2029 115026 104214 125839
October 2029 114507 107522 121492
November 2029 115062 107583 122542
December 2029 115621 105793 125449
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 116182 110373 121991
February 2030 116746 108223 125268
March 2030 116949 110984 122913
April 2030 116494 110204 122785
May 2030 115968 108199 123738
June 2030 115629 108807 122451
July 2030 116059 106426 125692
August 2030 116622 108925 124319
September 2030 117188 108047 126329
October 2030 117757 110809 124704
November 2030 118328 111110 125546
December 2030 118902 112006 125799
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 119393 111275 127512
February 2031 119781 110438 129124
March 2031 119343 111347 127339
April 2031 118804 106924 130685
May 2031 118268 107506 129031
June 2031 117734 108433 127035
July 2031 117203 108061 126344
August 2031 116673 105589 127757
September 2031 116147 107668 124625
October 2031 115622 107760 123485
November 2031 115100 108885 121316
December 2031 115174 107342 123006
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 115628 106493 124762
February 2032 115874 108458 123290
March 2032 115575 107831 123318
April 2032 115192 109317 121067
May 2032 114850 104284 125416
June 2032 114332 103927 124736
July 2032 114159 106625 121694

> 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.