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Today: September 23, 2025

Current Price

$119,816

1 Month Forecast

$116,131

1-Year Forecast *

$120,705

5-Year Forecast *

$121,681

"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 not so 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 West Virginia State, Roane 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 119,816 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 121,681 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +1.56% meaning that investing 100000 USD today may yield a profit of 1,557 USD by 2030.

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: 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: $120,705* (upside of 0.7%)

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 $73,066 $79,092 $73,066 $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?

Yes. The Spencer home prices may rise from 119,816 USD to 120,705 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +0.74% 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 121,681 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 128,222 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 5719. largest city in the United States, located in West Virginia State.

During the last 12 months the real estate prices in Roane, 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 1.379% to 119,816 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 0.988% in 2020
  • 1.422% in 2021
  • 1.122% in 2022
  • 1.148% in 2023
  • 1.058% in 2024
  • 1.932% in 2025

Based on our Spencer real estate market research and report the predicted sales prices will increase by 7.671% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: increasing 2 times and decreasing 8 times.

Spencer (West 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 116131 108583 123680
September 2025 116793 105464 128122
October 2025 117458 111585 123331
November 2025 118127 110094 126160
December 2025 118800 109890 127710
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 119477 113144 125809
February 2026 120157 109583 130731
March 2026 120841 113470 128213
April 2026 121530 113387 129672
May 2026 121741 109689 133794
June 2026 121268 115205 127332
July 2026 120705 113221 128188
August 2026 120351 111205 129498
September 2026 120799 109081 132516
October 2026 121487 112497 130477
November 2026 122179 115948 128410
December 2026 122875 110956 134794
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 123575 111835 135314
February 2027 124279 114709 133848
March 2027 124792 112937 136647
April 2027 125197 118436 131957
May 2027 124739 116008 133471
June 2027 124160 116462 131858
July 2027 123583 116538 130627
August 2027 123008 114029 131988
September 2027 122436 115213 129660
October 2027 121867 114921 128814
November 2027 121301 112325 130277
December 2027 120737 113855 127619
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 120176 108278 132073
February 2028 120253 109430 131076
March 2028 120726 113845 127608
April 2028 120984 109732 132235
May 2028 120671 110414 130928
June 2028 120272 112334 128210
July 2028 119915 108762 131067
August 2028 119357 111480 127235
September 2028 119178 110716 127639
October 2028 118624 111743 125504
November 2028 118684 109782 127585
December 2028 118641 111641 125641
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 119317 113231 125402
February 2029 119996 108237 131756
March 2029 120680 110784 130575
April 2029 121367 111294 131440
May 2029 122058 112294 131823
June 2029 122753 116248 129259
July 2029 123058 115183 130934
August 2029 122788 112351 133225
September 2029 122217 116106 128328
October 2029 121795 114000 129590
November 2029 122489 115262 129715
December 2029 121972 111360 132584
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 121405 111450 131360
February 2030 120841 109119 132562
March 2030 120279 113543 127015
April 2030 119720 107748 131692
May 2030 120307 109720 130894
June 2030 120992 113853 128130
July 2030 121681 110851 132511
August 2030 122374 111605 133143
September 2030 123071 116918 129225
October 2030 123772 113252 134293
November 2030 124477 112776 136178
December 2030 125186 115922 134450
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 125899 119478 132320
February 2031 126616 117120 136112
March 2031 126837 118592 135081
April 2031 126344 116363 136325
May 2031 125757 115570 135943
June 2031 125388 118617 132159
July 2031 125855 117674 134035
August 2031 126572 114927 138216
September 2031 127293 116855 137731
October 2031 128018 118416 137619
November 2031 128747 118576 138918
December 2031 129480 120546 138414
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 130015 118834 141196
February 2032 130437 122611 138263
March 2032 129960 120473 139447
April 2032 129356 118878 139834
May 2032 128755 121158 136352
June 2032 128157 120467 135846
July 2032 127561 116208 138914
August 2032 126968 120620 133316
September 2032 126378 118669 134087
October 2032 125790 115979 135602
November 2032 125206 115189 135222
December 2032 125286 117393 133179
Spencer Housing Market Forecast with Real Estate Prices for 2033
January 2033 125779 114836 136722
February 2033 126048 118611 133484
March 2033 125722 119310 132134
April 2033 125306 113402 137210
May 2033 124934 112440 137427
June 2033 124353 115399 133306
July 2033 124166 113736 134596

> 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.