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SD area data

Spencer, SD

Spencer, SD.

Population: 272 (Census ACS)

The median home value in Spencer, SD is $267,247 — up 9.3% over the past year. Homes sell for a median $105,000 after a median 135 days on market. FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with drought, icestorm, tornado the top-rated hazards. Cost of living is 11.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$267,247

Median home value

+9.3%

1-year change

135

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$267,247
1-year appreciation
+9.3%
3-year appreciation
+16.2%
5-year appreciation
+25.1%
10-year appreciation
+95.9%
All-time peak (2026-08)
$267,247
House Price Index (state)
503.5 (+1.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$105,000
Median price per sqft
$149
Median days on market
135 days
Homes sold (recent period)
1
Sale-to-list ratio
91.4%
1-year forecast
+1.0%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$941/mo
1BR fair-market rent
$1,044/mo
2BR fair-market rent
$1,228/mo
3BR fair-market rent
$1,694/mo
4BR fair-market rent
$2,053/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Low)
88.6 (100 = US avg)
Electricity rate (state-level)
13.4¢/kWh
Natural gas rate (state-level)
$9.90/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
drought, iceStorm, tornado, winterWeather
Notable hazard ratings (county)
hail: Relatively Low · drought: Relatively Moderate · tornado: Relatively Moderate · coldWave: Relatively Low · iceStorm: Relatively Moderate · strongWind: Relatively Low
Wildfire risk to homes (county)
Higher than 30% of US counties
Buildings in wildfire direct-exposure zone
58.6%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
46.0°F
Average high
57.0°F
Average low
36.0°F
Annual precipitation
27.9 in
USDA plant hardiness zone
5a (extreme annual low -20 to -15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
3.0 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
3,777
Jobs reachable by transit (45 min)
151

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
4
Nearest airport
Howard Municipal Airport (19 mi)
Hospitals nearby (~15 mi)
5
Hospitals include
MADISON REGIONAL HEALTH SYSTEM, FREEMAN MEDICAL CENTER - CAH, PIONEER MEMORIAL HOSPITAL - CAH
Avg hospital rating (CMS)
4.5 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-16 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,966
Housing built before 1970
52.1%
Housing built 2000 or later
28.1%
Median annual property tax
$1,910
Households with broadband internet
88.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,113
Average weekly wage
$1,098
Top industries (by employment)
Wholesale Trade, Professional Services, Finance & Insurance
Annual residential building permits (county)
19

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

SpencerState medianUS median
Median home value$267,247$302,982$288,527
Median sale price$105,000$287,750$325,000
Median days on market135 days58 days51 days
Median annual property tax$1,910$1,656$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Spencer, SD?
$267,247.
What is the median sale price in Spencer, SD?
$105,000.
How long do homes take to sell in Spencer, SD?
Median days on market: 135 days.
What is typical rent in Spencer, SD?
2-bedroom fair-market rent: $1,228/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Spencer, SD?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: drought, iceStorm, tornado, winterWeather.
What is the wildfire risk in Spencer, SD?
Risk to homes is higher than 30% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Spencer, SD?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Spencer, SD?
No current or proposed National Priorities List sites within 5 miles (EPA).
Is Spencer, SD walkable?
Walkability index: 3.0/20 (EPA Smart Location Database).
What is the cost of living in Spencer, SD?
Regional Price Parity: 88.6 (100 = US average) (Low) (BEA RPP, metro/state-level).

ZIP code for Spencer

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents