Housing in Spencer, OK

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$139,900

Median List Price

$169,000

Price Per Sq Ft

$127

Days on Market

35

Active Inventory

10

Months of Supply

3.3

Seller's market

Zillow Home Value

$140,815

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 4.2%List Price 74.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

16.7%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
16.7%
Listings with Price Drops
30.0%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

5

Pending Sales

6

Homes Sold 25.0%New Listings 16.7%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$127

Median List $/SF

$126

Sale $/SF 4.1%List $/SF 29.9%Mar 24Jan 26

Spencer vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Spencer 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

$119,000

Median Rent

$940

Total Housing Units

1,853

Vacancy Rate

8.3%

Owner Occupied

66.6%

Renter Occupied

33.4%

Median Property Tax

$1,087

per year

Monthly Cost (w/ Mortgage)

$863

Housing Types

Single Family
88.6%
Multi-Family
9.3%
Mobile Home
2.2%

The current median sale price in Spencer, OK is $139,900 according to Redfin data. Homes spend a median of 35 days on the market. 33.3% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $127. The median rent is $940 per month (Census ACS). About 66.6% of housing units are owner-occupied. The median year homes were built is 1972. There are 1,853 total housing units.