Data as of June 2026. Source: Realtor.com.
The SPENCER, IA real estate market (51301) currently shows 73 active listings, with 28 pending sales. Homes are averaging 46 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.
The median listing price has fallen 3% year-over-year, from $225,950 to $219,250.
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.
Population: 12,326 · Density: 30.2/mi² · Median household income: $59,987
Typical home value: $162,534 · Homeownership: 70.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 51301 | Spencer, IA 51301 | 0.0 mi | 52 | $10,983,180 | $167,875 | $211,215 |
| 51338 | Everly, IA 51338 | 9.5 mi | 3 | $345,000 | $115,000 | $115,000 |
| 51358 | Ruthven, IA 51358 | 12.9 mi | 9 | $2,858,787 | $164,875 | $317,643 |
| 51331 | Arnolds Park, IA 51331 | 14.6 mi | 46 | $31,737,286 | $569,900 | $689,941 |
| 51346 | Hartley, IA 51346 | 15.8 mi | 7 | $1,147,160 | $160,000 | $163,880 |
| 50515 | Ayrshire, IA 50515 | 16.5 mi | 2 | $35,000 | $17,500 | $17,500 |
| 51033 | Linn Grove, IA 51033 | 17.2 mi | 1 | $195,750 | $195,750 | $195,750 |
| 51360 | Spirit Lake, IA 51360 | 19.8 mi | 53 | $59,028,008 | $526,000 | $1,113,736 |
| 51347 | Lake Park, IA 51347 | 20.5 mi | 8 | $3,020,000 | $347,700 | $377,500 |
| 51342 | Graettinger, IA 51342 | 21.6 mi | 7 | $1,057,875 | $127,750 | $151,125 |
| 51345 | Harris, IA 51345 | 23.2 mi | 1 | $595,000 | $595,000 | $595,000 |
| 51365 | Wallingford, IA 51365 | 23.4 mi | 3 | $312,624 | $97,225 | $104,208 |
| 51009 | Calumet, IA 51009 | 24.9 mi | 1 | $82,250 | $82,250 | $82,250 |
As of June 2026, there are 73 active listings in SPENCER, IA (zip code 51301), compared to 55 the prior year.
The median listing price in SPENCER, IA 51301 is $219,250 as of June 2026, a 3% decrease from $225,950 the prior year.
Homes in SPENCER, IA 51301 spend an average of 46 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of June 2026, SPENCER, IA 51301 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 46 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, IA 51301 save an estimated $4,385 compared to a typical 5% commission on the median listing price of $219,250. 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.