Investor-grade market analytics for Spencer, Iowa. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$185,847
+5.7% year-over-year
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Migration: Top 48% nationally
In-migrants avg $57,710 AGI vs out-migrants $53,564
Spencer, IA is experiencing strong growth with 5.7% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.9x, below the national average of 4.8x. Modest net positive migration (+5 returns/year) provides steady demand support. Climate risk remains low (10/100), favorable for long-term investment stability.
12-month projection (Zillow ZHVF model)
Spencer, IA's primary climate exposure is flooding (25/100). The composite climate risk score of 10/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.