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market report · 51301
Spencer, IA · 51301
26 active listings$224,950 median ask$2,074 est. rent0.9% price/rent
$224,950
Median list price
$2,074/mo
Estimated rent
0.9%
Price / rent ratio
26
Listings
FHFA home price index · 2016–2025
45.6% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.26
Median rent / sqft
26 comps
$139.60
Median sold / sqft
26 comps
—
Walkability
2.5%
Area unemployment
BLS LAUS
Median household income $63,402 · median home value $188,300 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 89).
5 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
225 W Park St, Spencer, IA 51301
Spencer, IA
$27,000$1,344/mo5%
510 E 5th St, Spencer, IA 51301
Spencer, IA
$60,000$1,284/mo2.1%
618 W 7th St, Spencer, IA 51301
Spencer, IA
$95,000$1,879/mo2%
809 E Milw St, Spencer, IA 51301
Spencer, IA
$72,000$1,387/mo1.9%
601 E Milw St, Spencer, IA 51301
Spencer, IA
$125,000$1,875/mo1.5%
1908 W 11th St, Spencer, IA 51301
Spencer, IA
$175,000$2,497/mo1.4%