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2025 Compare Cities Housing:
Raleigh, NC vs Spencer, IA

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Highlights
- The median age of a home in Raleigh is 88.9% younger than the median age of a home in Spencer.
 Raleigh, NCSpencer, IAUnited States
 Median Home Age27  Unlock42
 Median Home Cost  Unlock$160,100$338,100
 Home Appr. Last 12 months23.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock42.9%57.0%
 Home Appr. Last 10 yrs.122.8%  Unlock101.1%
 Property Tax Rate  Unlock$13.5$11.0
 Homes Owned46.7%  Unlock57.4%
 Housing Vacant  Unlock10.0%11.2%
 Homes Rented43.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Raleigh, NCSpencer, IAUnited States
 Average Rent  Unlock$1,130$1,840
 Studio Apartment$1,240  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$690$1,180
 2 Bedroom Home or Apartment$1,450  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,150$1,860
 4 Bedroom Home or Apartment$2,350  Unlock$2,160
 space1
 Vacant Housing
 Raleigh, NCSpencer, IAUnited States
 Vacant For Rent  Unlock3.4%1.9%
 Vacant Rented2.2%  Unlock0.4%
 Vacant For Sale  Unlock1.4%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock0.9%3.6%
 Vacant Other2.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Raleigh, NCSpencer, IAUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock2.6%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock10.6%4.5%
 $100,000 to $149,9996.6%  Unlock11.3%
 $150,000 to $199,999  Unlock17.2%13.0%
 $200,000 to $299,99928.3%  Unlock20.1%
 $300,000 to $399,999  Unlock7.5%13.6%
 $400,000 to $499,99911.0%  Unlock8.3%
 $500,000 to $749,999  Unlock1.1%9.7%
 $750,000 to $999,9994.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Raleigh, NCSpencer, IAUnited States
 2015 and Newer0.3%  Unlock0.2%
 2010 to 2014  Unlock8.7%13.6%
 2000 to 200923.4%  Unlock13.6%
 1990 to 1999  Unlock8.2%13.6%
 1980 to 198916.8%  Unlock13.2%
 1970 to 1979  Unlock18.5%14.8%
 1960 to 196918.5%  Unlock13.6%
 1950 to 1959  Unlock9.5%10.0%
 1940 to 19491.6%  Unlock4.7%
 1939 or Earlier  Unlock25.5%12.2%
Transportation
Reviews for Raleigh    224 Reviews
Janie · Raleigh, NC
Feels like a town, amenities of a city
Over 2 years ago

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Jaylin · Raleigh, NC
Great for most, but not for..
Over 2 years ago

Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Kevin · Raleigh, NC
My Blue Heaven
Over 2 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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Reviews for Spencer    2 Reviews
bp · Portland, OR
Perfect summers, the worst winters
Over 3 years ago

The summers in Spencer are magical. Fireflies, perfect weather, and beautiful lakes nearby. Everything here grows like a dream. Just plant it and it will grow without  More

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KATHY  · Rio Rancho, NM
Politics
Over 15 years ago

Could use a few more democrats just to spice it up.  More

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Learn More About Raleigh, North Carolina
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