Spencer, NE Foreclosures
How much do homes sell for in Spencer, NE?
The average home price is currently $179,845.
In Spencer, NE, how many homes are available?
There are currently 15 active home listings available in Spencer.
What’s the average rental cost in Spencer, NE?
The average rental price in Spencer is $977.
What is the most expensive home in Spencer?
The most expensive home sold in Spencer had a price of $861,585.
What is currently the cheapest priced home in Spencer, NE?
The cheapest home for sale in Spencer is priced at $22,200.
Living in Spencer, NE
Spencer, Nebraska, is a quaint village that offers a peaceful, rural lifestyle surrounded by stunning natural beauty. This close-knit community is perfect for outdoor enthusiasts and those seeking respite from city life. Residents enjoy a variety of activities, and local amenities are designed to cater to basic needs while larger services are just a short drive away.
Current Market Conditions in Spencer, NE
The real estate market in Spencer, NE, has shown stability with some increase in property values over the past few years. Currently, the market favors sellers as demand for homes has risen, attracting buyers looking for affordable options in a tranquil setting.
There has been a noticeable interest in rural properties, driven by individuals and families seeking space and an escape from crowded urban environments. The low inventory levels have led to competitive pricing, though homes remain relatively affordable compared to more urban areas.
Home Value Estimator For Spencer, NE
There are currently 335 real estate properties
in Spencer, NE,
with a median automated valuation model (AVM) price
of $139,985.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spencer, NE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Spencer, NE,
is $179,845.00, with the most expensive house
in Spencer, NE, topping out
at $861,585.00 and the cheapest home
in Spencer, NE,
clocking in at $22,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spencer, NE!
Rent Prices
In Spencer, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spencer, NE, is on
a rollercoaster ride. The
average rent price in Spencer, NE,
is $977.00. Indeed, when looking to rent in
Spencer, NE, you can expect to pay as little
as $470.00 or as much
as $2,080.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Spencer, NE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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