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Spencer, WV—26141

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$103,000
0.6% YoY Growth
Household Income
$40,800
N/A
Days on Market
N/A
N/A
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Spencer, WV

Spencer, WV lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$103,000-0.6%
Single Family $103,0001.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    10.0%
    1 Bedroom
    4.5%
    2 Bedrooms
    22.7%
    3 Bedrooms
    48.0%
    4 Bedrooms
    10.8%
    5+ Bedrooms
    4.1%

    Rental Trends — Spencer, WV

    Spencer, WV lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    31.6%
    3 Bedrooms
    68.4%

    Property Listings — Spencer, WV

    Spencer, WV lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    		N/AN/A
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    Demographics — Spencer, WV

    As of the latest ACS Survey released in 2023, Spencer, WV has a population of 523, which has increased by 30.8% over the past 5 years. Spencer, WV is a less popular place for families, as children make up 4.8% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		52330.8%
    % Under 18
    		4.8%-83.2%
    % Seniors
    		27.0%36.4%
    % WFH
    		4.8%∞%
    % w/ College Degree
    		8.1%-56.9%
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    Spencer, WV lacks sufficient race and ethnicity data for analysis.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		100.0%6.6%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%-100.0%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.0%N/A
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    Mortgage and Risk — Spencer, WV

    Spencer, WV lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Spencer, WV

    Spencer, WV lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$720
    2 BedroomN/AN/A$860
    3 BedroomN/AN/A$1,180
    4 BedroomN/AN/A$1,190

    Affordability — Spencer, WV

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income RatioN/A
    Median Home Price$103,000
    Median Household Income$40,800

    Spencer, WV — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Palestine, WV

    26160

    Elizabeth, WV

    26143

    Rusk, WV

    26161

    Le Roy, WV

    25252

    Elizabeth, WV

    26180

    Frequently Asked Questions