Spencer, OK is a great place to live if you are looking for an affordable home. The median value of homes in the area is $119,100, which is significantly lower than the US median value of $338,100. Additionally, housing appreciation in Spencer has been higher than the national average with 1 year house appreciation at 11.88%, compared to 8.27% for the US as a whole. If you're looking for an affordable place to call home with potential for growth, Spencer might be the perfect fit!
The median home cost in Spencer is $119,100. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Spencer is up 17.3%.
Average Age of Homes
- The median age of Spencer real estate is 46 years old
The Rental Market in Spencer
- Renters make up 21.7% of the Spencer population
- 1.6% of houses and apartments in Spencer, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.