Market Summary

Spencer, Clay County, IA

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Median Home Price Price

$183,068 $183.1K

Median Monthly Rent Rent

$956 $956

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Clay County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Clay County

Region Price Rent GRM Display
Garwin, Tama County, IA
$156,349 $825 16.0x
Parkersburg, Butler County, IA
$225,106 $1,004 19.0x
Muscatine, Muscatine County, IA
$170,718 $1,160 12.0x
Center Point, Linn County, IA
$298,169 $922 27.0x
Lewis, Cass County, IA
$150,317 $750 17.0x
Aurelia, Cherokee County, IA
$161,055 $934 14.0x
Toledo, Tama County, IA
$160,556 $1,058 13.0x
Grandview, Louisa County, IA
$145,693 $1,052 12.0x
Stanwood, Cedar County, IA
$167,198 $1,191 12.0x
Britt, Hancock County, IA
$148,908 $905 14.0x
Cherokee, Cherokee County, IA
$142,018 $947 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
Jacksonville, Calhoun County, AL
$197,453 $954 17.0x
Hayward, Freeborn County, MN
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$274,114 $1,371 17.0x
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Yutan, Saunders County, NE
$349,958 $1,716 17.0x
Hibbing, Saint Louis County, MN
$147,085 $1,015 12.0x
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Cashion, Kingfisher County, OK
$314,429 $1,587 16.0x
Marion, Crittenden County, AR
$227,777 $1,297 15.0x
Tahlequah, Cherokee County, OK
$183,651 $976 16.0x
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$355,444 $1,655 18.0x
Palisade, Aitkin County, MN
$238,484 $1,008 20.0x
Northmoor, Platte County, MO
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Richfield, Sevier County, UT
$309,305 $1,074 24.0x
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Piedmont, Belmont County, OH
$99,826 $915 9.0x
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Rhinelander, Oneida County, WI
$238,549 $975 20.0x
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$237,764 $936 21.0x
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Fergus Falls, Otter Tail County, MN
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Belle Haven, Accomack County, VA
$277,375 $962 24.0x
Newmanstown, Lebanon County, PA
$318,525 $1,863 14.0x

Home prices

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Monthly rent

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GRM

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Spencer

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Trend Insights

Median Rent in Spencer, IA is $956, with MoM change +$10 and YoY change +$63 pointing to positive momentum while volatility is low (std $15).

Benchmark Markets Side by Side

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Metric
Base market Spencer, IA
Compare market Select a market
Delta vs base
Median rent
$956
N/A
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Median price
$183,068
N/A
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YoY change
+$63
N/A
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Price-to-rent
16.0x
Data unavailable
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