Data as of March 2026. Source: Realtor.com.
The SPENCER, SD real estate market (57374) currently shows 3 active listings, with 1 pending sales. Homes are averaging 55 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 55 days on market compared to 7 days last year.
The median listing price has risen 39.4% year-over-year, from $125,000 to $174,225.
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.
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 March 2026, there are 3 active listings in SPENCER, SD (zip code 57374), compared to 1 the prior year.
The median listing price in SPENCER, SD 57374 is $174,225 as of March 2026, a 39.4% increase from $125,000 the prior year.
Homes in SPENCER, SD 57374 spend an average of 55 days on the market before going under contract, compared to 7 days the prior year.
Based on current inventory and days-on-market data as of March 2026, SPENCER, SD 57374 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 7 days last year.
With SELL123.com's maximum 3% commission, sellers in SPENCER, SD 57374 save an estimated $3,485 compared to a typical 5% commission on the median listing price of $174,225. 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.