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2025 Compare Cities Housing:
Spencer, IA vs Mankato, MN

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Highlights
- The median age of a home in Spencer is 17.6% older than the median age of a home in Mankato.
 Spencer, IAMankato, MNUnited States
 Median Home Age51  Unlock42
 Median Home Cost  Unlock$271,000$338,100
 Home Appr. Last 12 months15.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock43.0%57.0%
 Home Appr. Last 10 yrs.63.9%  Unlock101.1%
 Property Tax Rate  Unlock$10.4$11.0
 Homes Owned57.7%  Unlock57.4%
 Housing Vacant  Unlock8.3%11.2%
 Homes Rented32.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Spencer, IAMankato, MNUnited States
 Average Rent  Unlock$1,570$1,840
 Studio Apartment$570  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$910$1,180
 2 Bedroom Home or Apartment$850  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,590$1,860
 4 Bedroom Home or Apartment$1,210  Unlock$2,160
 space1
 Vacant Housing
 Spencer, IAMankato, MNUnited States
 Vacant For Rent  Unlock3.7%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.8%3.6%
 Vacant Other4.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Spencer, IAMankato, MNUnited States
 Less Than $20,000  Unlock6.3%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,99910.0%  Unlock3.9%
 $80,000 to $99,999  Unlock2.4%4.5%
 $100,000 to $149,99931.1%  Unlock11.3%
 $150,000 to $199,999  Unlock26.2%13.0%
 $200,000 to $299,99915.5%  Unlock20.1%
 $300,000 to $399,999  Unlock10.3%13.6%
 $400,000 to $499,9993.2%  Unlock8.3%
 $500,000 to $749,999  Unlock3.5%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
 space3
 Housing Units By Year Built
 Spencer, IAMankato, MNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock16.7%13.6%
 2000 to 20098.7%  Unlock13.6%
 1990 to 1999  Unlock10.8%13.6%
 1980 to 198910.2%  Unlock13.2%
 1970 to 1979  Unlock10.3%14.8%
 1960 to 19698.2%  Unlock13.6%
 1950 to 1959  Unlock7.8%10.0%
 1940 to 19495.5%  Unlock4.7%
 1939 or Earlier  Unlock17.3%12.2%
Transportation
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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Reviews for Mankato    4 Reviews
Gen · Mankato, MN
99 bottles of beer on the wall
Over 11 years ago

Mankato, MN is a small community that has some nice features (small concerts, theatre, parks, etc.) but unfortunately every time you turn around there is a new social  More

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Wildchild · Mankato, MN
Mankato does have some culture
Over 12 years ago

It depends on what your view of culture is. For a city of about 60,000 it does have SOME. You need to look to find it. Start at Minnesota State, from national  More

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Nay · Mankato, MN
Kato
Over 13 years ago

Love  More

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Learn More About Spencer, Iowa
Overview
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Learn More About Mankato, Minnesota
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