House Prices

House Prices & Home Values Spencer, SD 2026


Average Data

average house price$169,134
average size per house1904 ft²
average price per ft²89 $ / ft²

02/11/2026 - The value range (VR) for house prices in Spencer, SD is $89/ sqft to $89/ sqft. An average home with 1904 sqft costs approximately $169,456 to $169,456. Spencer, SD includes 1 ZIP codes and it is located in McCook county. The lowest prices are found in ZIP 57374, while the highest are in ZIP 57374. The average price per sqare feet is $89. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Spencer

5737492 $ / ft²




Historical development of home values in Spencer

Year Estimated value (USD) Change vs. 2025
2010 $78,549 -53.6%
2011 $75,511 -55.4%
2012 $75,308 -55.5%
2013 $78,123 -53.8%
2014 $82,008 -51.5%
2015 $86,216 -49.0%
2016 $90,716 -46.4%
2017 $95,612 -43.5%
2018 $100,898 -40.3%
2019 $105,577 -37.6%
2020 $111,034 -34.4%
2021 $126,290 -25.3%
2022 $147,225 -13.0%
2023 $155,256 -8.2%
2024 $164,238 -2.9%
2025 $169,134 0.0%

Graph: estimated home values in Spencer over time (USD)



Example: 100% financing house in Spencer

Loan amount: $169,134

Interest rate: 6.00%

Fixed monthly payment: $1,014.04

Breakdown in the 1st month:
Interest portion: $845.67  –  Principal portion: $168.37

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,091.54 $2,076.99 $167,057.01
2 $9,963.44 $2,205.09 $164,851.93
3 $9,827.43 $2,341.09 $162,510.83
4 $9,683.04 $2,485.49 $160,025.34
5 $9,529.74 $2,638.79 $157,386.56
6 $9,366.98 $2,801.54 $154,585.01
7 $9,194.19 $2,974.33 $151,610.68
8 $9,010.74 $3,157.79 $148,452.89
9 $8,815.97 $3,352.55 $145,100.34
10 $8,609.20 $3,559.33 $141,541.01
11 $8,389.67 $3,778.86 $137,762.15
12 $8,156.59 $4,011.93 $133,750.22
13 $7,909.15 $4,259.38 $129,490.84
14 $7,646.44 $4,522.09 $124,968.75
15 $7,367.52 $4,801.00 $120,167.75
16 $7,071.41 $5,097.12 $115,070.64
17 $6,757.03 $5,411.50 $109,659.14
18 $6,423.26 $5,745.26 $103,913.88
19 $6,068.91 $6,099.62 $97,814.26
20 $5,692.69 $6,475.83 $91,338.43
21 $5,293.28 $6,875.25 $84,463.18
22 $4,869.23 $7,299.30 $77,163.88
23 $4,419.02 $7,749.50 $69,414.38
24 $3,941.05 $8,227.47 $61,186.91
25 $3,433.60 $8,734.93 $52,451.98
26 $2,894.85 $9,273.68 $43,178.31
27 $2,322.87 $9,845.66 $33,332.65
28 $1,715.61 $10,452.92 $22,879.73
29 $1,070.90 $11,097.63 $11,782.11
30 $386.42 $11,782.11 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Spencer, SD


1500 sqft3900 sqft
Ø selling price$161,535$343,629
Ø fast selling$146,850$309,267
Ø high price sale$176,220$377,992

In 2026, houses in Spencer, SD will be offered at an average price of $89 per square foot. A 1,500 sqft home priced at $161,535 is 23.55% more expensive per square foot than a 3,900 sqft home priced at $343,629. Home prices in Spencer, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $237,898. Sellers who can wait longer may achieve a higher price of up to $290,763.


Discover Spencer, SD

Spencer, SD is a small, welcoming community in eastern South Dakota's McCook County.
Travelers discover Spencer, South Dakota for its quiet streets, prairie views, and authentic small-town charm.

Location and Community

Located along the I-90 corridor between Sioux Falls and Mitchell, the town offers convenient access while preserving a rural pace.
Local life centers on agriculture, community events, and churches that anchor the town?s close-knit identity.

History and Resilience

Spencer is known for its resilience after a devastating tornado in 1998 that reshaped the community.
Today, residents have rebuilt with pride, honoring the past while investing in safe, modern homes and infrastructure.

Things to Do and Travel Tips

Visitors can enjoy nearby recreation areas, birding on the prairie, seasonal hunting and fishing, and peaceful drives on open country roads. Families appreciate low traffic, star-filled skies, and friendly local businesses that greet newcomers by name.
Whether you stop off the interstate for fuel and a meal or plan a weekend exploring McCook County, Spencer, SD makes a restful base. For trip planning, check weather conditions across South Dakota?s four seasons and verify local event calendars to catch festivals, markets, and community gatherings.



FAQ – Home Values in Spencer

What is the median home value in Spencer in 2026?

In 2026, the typical home value in Spencer is about $169,134 for an average home size of 1904 square feet. This corresponds to an average price of roughly $89 per square foot.

What is the average cost per square foot in Spencer?

In 2026, homes in Spencer sell for an average of around $89 per square foot, with a typical range between $89 and $89 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Spencer is about 1904 square feet, with an estimated 2026 value around $169,134.



Locations close to Spencer, SD

Stickney, SD69 $ / ft²
Tripp, SD97 $ / ft²
Virgil, SD79 $ / ft²
Saint Lawrence, SD81 $ / ft²
Ree Heights, SD78 $ / ft²
Pukwana, SD79 $ / ft²
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