Data as of September 2026. Source: Realtor.com.
The SPENCER, SD real estate market (57374) currently shows 4 active listings, with 1 pending sales. Homes are averaging 37 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 37 days on market compared to 23 days last year.
The median listing price has risen 7% year-over-year, from $243,000 to $259,900.
Population: 290 · Density: 1.4/mi² · Median household income: $72,750
Typical home value: $155,854 · Homeownership: 91.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 57374 | Spencer, SD 57374 | 0.0 mi | 4 | $1,085,868 | $259,900 | $271,467 |
| 57058 | Salem, SD 57058 | 10.0 mi | 8 | $2,773,200 | $257,500 | $346,650 |
| 57319 | Bridgewater, SD 57319 | 16.2 mi | 3 | $487,350 | $162,450 | $162,450 |
| 57012 | Canistota, SD 57012 | 19.6 mi | 7 | $2,050,265 | $254,950 | $292,895 |
| 57301 | Mitchell, SD 57301 | 22.1 mi | 47 | $21,961,549 | $334,250 | $467,267 |
| 57047 | Monroe, SD 57047 | 25.5 mi | 0 | $0 | $525,000 | $525,000 |
| 57035 | Humboldt, SD 57035 | 27.4 mi | 4 | $794,600 | $198,650 | $198,650 |
| 57323 | Carthage, SD 57323 | 28.7 mi | 1 | $199,000 | $199,000 | $199,000 |
| 57331 | Dimock, SD 57331 | 29.6 mi | 1 | $153,000 | $153,000 | $153,000 |
| 57366 | Parkston, SD 57366 | 30.7 mi | 4 | $650,052 | $166,475 | $162,513 |
| 57016 | Chester, SD 57016 | 33.3 mi | 3 | $2,355,576 | $801,625 | $785,192 |
| 57033 | Hartford, SD 57033 | 33.6 mi | 20 | $12,762,880 | $477,500 | $638,144 |
| 57045 | Menno, SD 57045 | 38.6 mi | 1 | $109,900 | $109,900 | $109,900 |
As of September 2026, there are 4 active listings in SPENCER, SD (zip code 57374), compared to 3 the prior year.
The median listing price in SPENCER, SD 57374 is $259,900 as of September 2026, a 7% increase from $243,000 the prior year.
Homes in SPENCER, SD 57374 spend an average of 37 days on the market before going under contract, compared to 23 days the prior year.
Based on current inventory and days-on-market data as of September 2026, SPENCER, SD 57374 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 23 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, SD 57374 save an estimated $5,198 compared to a typical 5% commission on the median listing price of $259,900. 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.