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SPENCER, SD 57374

Real Estate Market Report  ·  McCook County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
Pending
1
33% pending ratio
Median Price
$229,000
Average Price
$263,000
Days on Market
19

Market Context

Population: 290  ·  Density: 1.4/mi²  ·  Median household income: $72,750

Typical home value: $155,854  ·  Homeownership: 91.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SPENCER, SD real estate market (57374) currently shows 3 active listings, with 1 pending sales. Homes are averaging 19 days on the market before going under contract.

Whether you are buying or selling in SPENCER, SD, 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.

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Market Trends

Inventory & Days on Market

Year over Year

Median & Average Pricing

Year over Year

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 35.7 miles — 83 listings ($40,046,850 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
57374Spencer, SD 573740.0 mi3$789,000$229,000$263,000
57311Alexandria, SD 5731110.8 mi1$825,000$825,000$825,000
57349Howard, SD 5734918.8 mi6$3,116,730$329,900$519,455
57048Montrose, SD 5704820.2 mi5$2,099,750$272,000$419,950
57334Ethan, SD 5733424.5 mi1$1,300,000$1,300,000$1,300,000
57042Madison, SD 5704227.2 mi40$18,132,040$392,800$453,301
57043Marion, SD 5704327.5 mi2$928,900$464,450$464,450
57359Letcher, SD 5735929.3 mi2$62,000$31,000$31,000
57054Ramona, SD 5705430.5 mi1$109,900$109,900$109,900
57018Colton, SD 5701831.3 mi2$479,800$239,900$239,900
57363Mount Vernon, SD 5736332.9 mi1$126,000$126,000$126,000
57053Parker, SD 5705333.5 mi9$2,744,550$304,950$304,950
57075Wentworth, SD 5707535.7 mi10$9,333,180$802,450$933,318

Frequently Asked Questions

How many homes are for sale in SPENCER, SD 57374?

As of January 2026, there are 3 active listings in SPENCER, SD (zip code 57374).

What is the median home price in SPENCER, SD 57374?

The median listing price in SPENCER, SD 57374 is $229,000 as of January 2026.

How long do homes stay on the market in SPENCER, SD?

Homes in SPENCER, SD 57374 spend an average of 19 days on the market before going under contract.

Is it a seller's or buyer's market in SPENCER, SD 57374?

Based on current inventory and days-on-market data as of January 2026, SPENCER, SD 57374 is currently a Balanced Market.

How much can I save on real estate commission in SPENCER, SD?

With SELL123.com's maximum 3% commission, sellers in SPENCER, SD 57374 save an estimated $4,580 compared to a typical 5% commission on the median listing price of $229,000. 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.