Housing in Spencerville, NM

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — October 2025

Median Sale Price

$265,000

Median List Price

N/A

Price Per Sq Ft

$148

Days on Market

20

Active Inventory

2

Months of Supply

2.0

Seller's market

Price Trends

Source: Redfin
Sale Price 165.3%List Price 0.0%Jul 24Oct 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sold Above Asking
0.0%
Listings with Price Drops
100.0%

Market Activity

Source: Redfin

Homes Sold

1

Homes Sold 0.0%New Listings 0.0%Jul 24Oct 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$148

Sale $/SF 155.2%List $/SF 0.0%Jul 24Oct 25

Spencerville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Spencerville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$255,400

Median Rent

$1,169

Total Housing Units

495

Vacancy Rate

10.5%

Owner Occupied

80.4%

Renter Occupied

19.6%

Median Property Tax

$1,123

per year

Monthly Cost (w/ Mortgage)

$1,119

Housing Types

Single Family
59.0%
Multi-Family
0.0%
Mobile Home
41.0%

The current median sale price in Spencerville, NM is $265,000 according to Redfin data. Homes spend a median of 20 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $148. The median rent is $1,169 per month (Census ACS). About 80.4% of housing units are owner-occupied. The median year homes were built is 1983. There are 495 total housing units.