Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spencer area can be challenging. Home prices in Spencer are now at a median cost of $153,321, lower than the Wisconsin average of $220,185.
The average cost of rent is $627/mo in Spencer, primarily driven by the current value of real estate in the Spencer area. While nearly 39.32% of residents own their homes outright in Spencer, 20.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spencer is $5,978 per month. Households that rent pay about 10.49% of their income on rent here. Spencer's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Unity, WI: less expensive homes
- Spokeville, WI: equally priced homes
- Riplinger, WI: equally priced homes
- Chili, WI: equally priced homes
- Marshfield, WI: higher priced homes
- Loyal, WI: less expensive homes
- Nasonville, WI: higher priced homes
- Hewitt, WI: higher priced homes
- Colby, WI: less expensive homes
- Stratford, WI: higher priced homes
Cities with Similar Populations
- Spencer, NC: higher priced homes
- Concord, VA: equally priced homes
- Cologne, MN: higher priced homes
- Marshalls Creek, PA: higher priced homes
- Colorado City, AZ: higher priced homes
- Marlette, MI: less expensive homes
- Columbia, NJ: higher priced homes
- Columbus, KS: less expensive homes
- Columbus, MI: higher priced homes
- Combes, TX: less expensive homes
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