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 2026-03-03. 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 2031-03-03. 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 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 1.939% in 2021
  • 1.739% in 2022
  • 2.739% in 2023
  • 0.169% in 2024
  • 2.529% in 2025
  • 0.461% 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 105127 126941
September 2025 116597 105404 127790
October 2025 117163 109781 124544
November 2025 117367 106099 128634
December 2025 116911 110597 123224
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 116383 104745 128021
February 2026 116042 108731 123353
March 2026 116474 107505 125442
April 2026 117039 109314 124764
May 2026 117607 110433 124781
June 2026 118178 108369 127986
July 2026 118751 109132 128370
August 2026 119327 112168 126487
September 2026 119820 110474 129166
October 2026 120209 113117 127301
November 2026 119770 112104 127435
December 2026 119229 108141 130317
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 118691 111451 125931
February 2027 118155 109766 126544
March 2027 117621 106212 129031
April 2027 117090 110650 123530
May 2027 116562 108636 124488
June 2027 116036 107797 124274
July 2027 115512 108812 122211
August 2027 115586 107957 123214
September 2027 116041 105481 126600
October 2027 116288 106055 126522
November 2027 115988 109260 122715
December 2027 115604 105546 125661
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 115260 108921 121600
February 2028 114740 108544 120936
March 2028 114567 107464 121671
April 2028 114050 107891 120209
May 2028 114108 108060 120155
June 2028 114067 102888 125245
July 2028 114620 104992 124248
August 2028 115176 108496 121857
September 2028 115735 108907 122564
October 2028 116297 107226 125368
November 2028 116861 106577 127145
December 2028 117428 109443 125413
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 117720 109597 125842
February 2029 117461 110178 124744
March 2029 116931 106992 126870
April 2029 116527 105340 127713
May 2029 117092 110418 123766
June 2029 116598 108436 124760
July 2029 116072 105974 126170
August 2029 115548 103993 127103
September 2029 115026 108470 121583
October 2029 114507 104430 124583
November 2029 115062 106548 123577
December 2029 115621 104406 126836
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 116182 105145 127219
February 2030 116746 110558 122933
March 2030 116949 106891 127006
April 2030 116494 109971 123018
May 2030 115968 108199 123738
June 2030 115629 106147 125111
July 2030 116059 107703 124415
August 2030 116622 107759 125486
September 2030 117188 110157 124219
October 2030 117757 106805 128708
November 2030 118328 112412 124245
December 2030 118902 107726 130079
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 119393 108648 130139
February 2031 119781 112953 126608
March 2031 119343 109915 128771
April 2031 118804 110607 127002
May 2031 118268 107387 129149
June 2031 117734 107256 128212
July 2031 117203 110288 124118
August 2031 116673 106990 126357
September 2031 116147 104880 127413
October 2031 115622 108685 122560
November 2031 115100 109000 121201
December 2031 115174 104808 125540
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 115628 108459 122796
February 2032 115874 107647 124101
March 2032 115575 108525 122625
April 2032 115192 103788 126596
May 2032 114850 103824 125876
June 2032 114332 107929 120734
July 2032 114159 104570 123749

> 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.