The median home value in Spencer, IA is $160,100. This is lower than the county median home value of $162,000. The national median home value is $338,100. The average price of homes sold in Spencer, IA is $160,100. Approximately 57.68% of Spencer homes are owned, compared to 32.28% rented, while 10.04% are vacant. Spencer real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spencer real estate agent to arrange a tour today!
Spencer, Iowa has a population of 11,292. Spencer is less family-centric than the surrounding county with 25.52% of the households containing married families with children. The county average for households married with children is 27.02%.
The median household income in Spencer, Iowa is $45,313. The median household income for the surrounding county is $52,307 compared to the national median of $69,021. The median age of people living in Spencer is 40.8 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 6 degrees. The average rainfall is approximately 29.2 inches per year, with 34.1 inches of snow per year.