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Foreclosure Homes in Spencer, SD 57374

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Spencer, SD Foreclosures

Current Market Conditions in in Spencer, SD As of June 2026?
Home values: +3.56% MoM; rent: +0.00% MoM.
How much do homes sell for in Spencer, SD?
The average home price is currently $270,502.
In Spencer, SD, how many homes are available?
There are currently 2 active home listings available in Spencer.
What’s the average rental cost in Spencer, SD?
The average rental price in Spencer is $1,234.
What is the most expensive home in Spencer?
The most expensive home sold in Spencer had a price of $1,589,198.
What is currently the cheapest priced home in Spencer, SD?
The cheapest home for sale in Spencer is priced at $28,783.

Living in Spencer, SD

Spencer, South Dakota is a quiet rural McCook County community with small-town character, affordable housing potential, and convenient driving access to Salem, Mitchell, Madison, and Sioux Falls.

Buyer vs Seller Market in Spencer, SD

Median home value: $210,269 as of 2026-05-14.

Median rent: $1,110 as of 2026-05-14.

Home values: +3.56% MoM, +2.74% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Spencer, SD

There are currently 175 real estate properties in Spencer, SD, with a median automated valuation model (AVM) price of $210,269.00. 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, SD, 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, SD, is $270,502.00, with the most expensive house in Spencer, SD, topping out at $1,589,198.00 and the cheapest home in Spencer, SD, clocking in at $28,783.00. In other words, there’s something for every potential homebuyer or savvy investor in Spencer, SD!

Rent Prices In Spencer, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spencer, SD, is on a rollercoaster ride. The average rent price in Spencer, SD, is $1,234.00. Indeed, when looking to rent in Spencer, SD, you can expect to pay as little as $620.00 or as much as $2,220.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Spencer, SD -- 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.

Spencer, SD 57374 Foreclosures

Market Trend for Spencer, SD

Total Listings Available: 2

Market Values:

Home Prices from $28,783 to $1,589,198

Average Sales Price: $270,502

Rental Values:

Rental from $620 to $2,220

Average Rent Value: $1,234 / month

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