The median home value in Spencer, IA is $121,300. This is higher than the county median home value of $115,800. The national median home value is $219,700. The average price of homes sold in Spencer, IA is $121,300. Approximately 57.42% of Spencer homes are owned, compared to 32.72% rented, while 9.86% 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 11,132. Spencer is more family-centric than the surrounding county with 29.13% of the households containing married families with children. The county average for households married with children is 27.93%.
The median household income in Spencer, Iowa is $45,719. The median household income for the surrounding county is $48,978 compared to the national median of $57,652. The median age of people living in Spencer is 40.3 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 6.9 degrees. The average rainfall is approximately 30.3 inches per year, with 36.3 inches of snow per year.