Home prices
The median home in Spencer is valued at $128,800. This is approximately $51,960 (67%) higher compared to its nearby areas.In comparison to the country as a whole it is about $88,700 (40%) lower, and in comparison to the city of Fort Dodge it is approximately $35,200 (37%) higher.
Rents
Spencer's median rent is $684 per month. Compared to the surrounding areas this is roughly $64 (10%) higher.Compared to the United States as a whole it is approximately $378 (35%) lower, and compared to the city of Fort Dodge is roughly $32 (4%) higher.
Nearby places
Dickens
Dickens is about 5 miles east from Spencer. Its real estate prices are a lot less expensive. The price of the median home in Dickens is $75,600, which is $53,200 (70%) lower than Spencer. Rent there is a little less expensive. The median rent in Dickens is $558 per month, which is $126 (22%) lower than Spencer.
Fostoria
Fostoria is about 6 miles north of Spencer. Real estate prices there are a little less expensive. Fostoria's median home cost is $106,900, which comes out to $21,900 (20%) lower than Spencer. Its rents are similar. In Fostoria the median rent is $719 a month, which works out to $35 (4%) higher than Spencer.
Everly
Everly is approximately 7 miles west of Spencer. Its housing prices are substantially less expensive. Everly's median home cost is $79,000, which comes out to $49,800 (63%) lower than Spencer. Rent there is pretty similar. Everly's median rent is $675 per month, which is $9 (1%) lower than Spencer.
Royal
Royal is about 7 miles southwest from Spencer. Housing prices there are substantially less expensive. The median home in Royal is valued at $82,700, which comes out to $46,100 (55%) lower than Spencer. Rents there are similar. In Royal the median rent is $675 a month, which comes out to $9 (1%) lower than Spencer.
Gillett Grove
Gillett Grove is about 9 miles southeast of Spencer. Its housing prices are a lot less expensive. The price of the median home in Gillett Grove is $40,000, which works out to $88,800 (222%) lower than Spencer. Rent there is substantially less expensive. The median rent in Gillett Grove is $475 per month, which is $209 (43%) lower than Spencer.
