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SD area data

Spencer, SD

Spencer, SD.

Population: 272 (Census ACS)

Home values & appreciation

Median home value
$270,314
1-year appreciation
+9.8%
3-year appreciation
+16.3%
5-year appreciation
+24.6%
10-year appreciation
+96.5%
All-time peak (2026-07)
$270,314
House Price Index
496.2 (+2.9% YoY)

Market activity

Median sale price
$268,000
Median days on market
62 days
Sale-to-list ratio
97.9%
Active listings
1
1-year forecast
+1.2%

Rents

2-bedroom fair-market rent (HUD reference)
$1,218/mo
3BR fair-market rent
$1,584/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
13.4¢/kWh
Natural gas rate (state-level)
$9.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, iceStorm, tornado, winterWeather

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Walkability & transit

Walkability index
3.0 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Howard Municipal Airport (19 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
-16 tax filers

Housing stock

Median year housing built
1,966
Median annual property tax
$1,910
Households with broadband internet
88.9%

Employment & development

Total county employment
1,046
Average weekly wage
$955
Top industries (by employment)
Construction, Wholesale Trade, Agriculture
Annual residential building permits (county)
7

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents