Active Listings
50
⇩ 16.7% vs 60 last year
Population: 12,326 · Density: 30.2/mi² · Median household income: $59,987
Typical home value: $162,534 · Homeownership: 70.4%
Data as of January 2026. Source: Realtor.com.
The SPENCER, IA real estate market (51301) currently shows 50 active listings, with 12 pending sales. Homes are averaging 77 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 77 days on market compared to 98 days last year.
The median listing price has fallen 23.1% year-over-year, from $221,000 to $169,900.
Whether you are buying or selling in SPENCER, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51301 | Spencer, IA 51301 | 0.0 mi | 50 | $10,402,650 | $169,900 | $208,053 |
| 51357 | Royal, IA 51357 | 9.4 mi | 1 | $74,000 | $74,000 | $74,000 |
| 51351 | Milford, IA 51351 | 11.4 mi | 12 | $17,309,880 | $1,037,450 | $1,442,490 |
| 51331 | Arnolds Park, IA 51331 | 14.6 mi | 39 | $25,943,229 | $559,900 | $665,211 |
| 51346 | Hartley, IA 51346 | 15.8 mi | 7 | $1,359,575 | $207,450 | $194,225 |
| 50515 | Ayrshire, IA 50515 | 16.5 mi | 2 | $31,666 | $13,500 | $15,833 |
| 51033 | Linn Grove, IA 51033 | 17.2 mi | 2 | $83,000 | $41,500 | $41,500 |
| 51360 | Spirit Lake, IA 51360 | 19.8 mi | 51 | $49,153,953 | $470,000 | $963,803 |
| 51347 | Lake Park, IA 51347 | 20.5 mi | 8 | $2,783,200 | $278,850 | $347,900 |
| 51342 | Graettinger, IA 51342 | 21.6 mi | 6 | $906,750 | $119,000 | $151,125 |
| 50536 | Emmetsburg, IA 50536 | 23.0 mi | 30 | $6,957,000 | $179,900 | $231,900 |
| 51365 | Wallingford, IA 51365 | 23.4 mi | 3 | $393,900 | $115,000 | $131,300 |
| 51009 | Calumet, IA 51009 | 24.9 mi | 1 | $105,000 | $105,000 | $105,000 |
As of January 2026, there are 50 active listings in SPENCER, IA (zip code 51301), compared to 60 the prior year.
The median listing price in SPENCER, IA 51301 is $169,900 as of January 2026, a 23.1% decrease from $221,000 the prior year.
Homes in SPENCER, IA 51301 spend an average of 77 days on the market before going under contract, compared to 98 days the prior year.
Based on current inventory and days-on-market data as of January 2026, SPENCER, IA 51301 is currently a Seller's Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 77 days on market compared to 98 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, IA 51301 save an estimated $3,398 compared to a typical 5% commission on the median listing price of $169,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.