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WV area data

Spencer, WV

Spencer, WV.

Population: 7,127 (Census ACS)

Home values & appreciation

Median home value
$119,428
1-year appreciation
+6.3%
3-year appreciation
+6.5%
5-year appreciation
+4.0%
10-year appreciation
+37.4%
All-time peak (2022-06)
$120,821
House Price Index
322.2 (-1.4% YoY)

Market activity

New listings (monthly)
4

Affordability

Cost of living index (Low)
86.5 (100 = US avg)
Electricity rate (state-level)
15.4¢/kWh
Natural gas rate (state-level)
$13.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
landslide

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
64.0°F
Average low
42.0°F
Annual precipitation
46.9 in
Annual snowfall
26.6 in

Amenities

National parks within ~60 mi
1
Nearest national park
Gauley River National Recreation Area (44 mi)
Nearest airport
Slate Run Airport (3 mi)
Nearest major airport
Yeager Airport (CRW) (31 mi)
Hospitals nearby (~15 mi)
1
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+16 tax filers

Housing stock

Median year housing built
1,972
Median annual property tax
$510
Mean commute to work
24 min
Households with broadband internet
53.7%

Employment & development

Total county employment
2,362
Average weekly wage
$873
Top industries (by employment)
Construction, Mining, Accommodation & Food
Annual residential building permits (county)
21

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