VA area data
Spencer, VA
Spencer, VA.
Population: 1,875 (Census ACS)
Home values & appreciation
- Median home value
- $165,228
- 1-year appreciation
- -1.5%
- 3-year appreciation
- -5.4%
- 5-year appreciation
- +13.8%
- 10-year appreciation
- +43.0%
- All-time peak (2024-08)
- $180,649
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $168,000
- Median list price
- $399,900
- Median days on market
- 78 days
- Sale-to-list ratio
- 100.9%
- Active listings
- 5
- 1-year forecast
- -0.2%
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,335/mo
- 3BR fair-market rent
- $1,735/mo
Affordability
- Cost of living index (Above Average)
- 103.5 (100 = US avg)
- Electricity rate (state-level)
- 15.3¢/kWh
- Natural gas rate (state-level)
- $16.80/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, inlandFlooding, strongWind
- FEMA flood zone
- B
- Flood risk level
- Moderate
Climate (30-year normals)
- Average annual temperature
- 56.0°F
- Average high
- 69.0°F
- Average low
- 43.0°F
- Annual precipitation
- 49.3 in
- Annual snowfall
- 12.5 in
Walkability & transit
- Walkability index
- 3.7 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Guilford Courthouse National Military Park (33 mi)
- Nearest airport
- Covington Airport (1 mi)
- Nearest major airport
- Smith Reynolds Airport (INT) (33 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 2.0 / 5
- Solar radiation rating
- Fair (4.3 kWh/m²/day)
Migration
- Net migration
- +106 tax filers
Housing stock
- Median year housing built
- 1,980
- Median annual property tax
- $696
- Households with broadband internet
- 47.6%
Employment & development
- Total county employment
- 13,451
- Average weekly wage
- $823
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 33
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 →