IA area data
Spencer, IA
Spencer, IA.
Population: 12,638 (Census ACS)
Home values & appreciation
- Median home value
- $200,145
- 1-year appreciation
- +4.7%
- 3-year appreciation
- +11.4%
- 5-year appreciation
- +28.8%
- 10-year appreciation
- +59.0%
- All-time peak (2026-04)
- $200,409
- House Price Index
- 379.0 (+3.7% YoY)
Market activity
- Median sale price
- $163,500
- Median list price
- $195,000
- Median days on market
- 45 days
- Sale-to-list ratio
- 95.9%
- Active listings
- 55
- 1-year forecast
- +1.3%
- New listings (monthly)
- 20
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,088/mo
- 3BR fair-market rent
- $1,415/mo
Affordability
- Cost of living index (Low)
- 89.5 (100 = US avg)
- Electricity rate (state-level)
- 13.7¢/kWh
- Natural gas rate (state-level)
- $10.60/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 5
- Elementary schools
- 3
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- hail, winterWeather
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 47.0°F
- Average high
- 58.0°F
- Average low
- 37.0°F
- Annual precipitation
- 26.9 in
Walkability & transit
- Walkability index
- 8.7 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Spencer Municipal Airport (SPW) (3 mi)
- Hospitals nearby (~15 mi)
- 1
- Avg hospital rating
- 4.0 / 5
- Solar radiation rating
- Fair (4.0 kWh/m²/day)
Migration
- Net migration
- +16 tax filers
Housing stock
- Median year housing built
- 1,971
- Median annual property tax
- $2,338
- Mean commute to work
- 15 min
- Households with broadband internet
- 74.0%
Employment & development
- Total county employment
- 7,060
- Average weekly wage
- $985
- Top industries (by employment)
- Health Care, Wholesale Trade, Accommodation & Food
- Annual residential building permits (county)
- 9
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →