Zip 57374 (Spencer, SD) Housing

Housing in 57374 Spencer, SD is very affordable compared to the US median value of $338,100. The median value for the area is $223,600, which is 33% lower than the national average. This affordability combined with an impressive 14.45% house appreciation rate over the past year makes 57374 Spencer, SD an attractive option for potential home buyers looking for a great deal.

The median home cost in Spencer (zip 57374) is $223,600. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Spencer (zip 57374) is up 17.2%.

Average Age of Homes

- The median age of Spencer (zip 57374) real estate is 51 years old

The Rental Market in Spencer (zip 57374)

- Renters make up 3.8% of the Spencer (zip 57374) population
- 6.5% of houses and apartments in Spencer (zip 57374), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spencer, South Dakota	United States
	169.0	139,647,020.0
	70	42
	$223,600	$338,100
	17.2%	16.6%
	51.6%	57.0%
	81.4%	101.1%
	$10.79	$10.98
	$1,367	$2,690
	69.8%	57.4%
	23.7%	11.2%
	6.5%	31.4%
Vacant Housing
	6.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	17.2%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	13.6%	2.4%
	6.8%	2.8%
	10.2%	3.9%
	0.0%	4.5%
	10.2%	11.3%
	33.9%	13.0%
	21.2%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	4.2%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.9%	13.6%
	8.9%	13.6%
	18.9%	13.6%
	10.7%	13.2%
	3.6%	14.8%
	18.9%	13.6%
	8.9%	10.0%
	0.0%	4.7%
	49.1%	12.2%

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