Home prices
Spencer's median home cost is $73,900. Compared to its nearby areas it is approximately $6,200 (7%) lower.It is roughly $143,600 (66%) lower compared to the rest of the country, and it is approximately $71,900 (49%) lower in comparison to the city of Charleston.
Rents
The median monthly rent in Spencer is $434. Compared to its surrounding areas it is roughly $210 (32%) lower.It is about $628 (59%) lower compared to the rest of the nation, and compared to the city of Charleston it is approximately $301 (40%) lower.
Nearby places
Grantsville
Grantsville is roughly 14 miles northeast from Spencer. Real estate prices there are a bit less expensive. Grantsville's median home price is $66,200, which is $7,700 (11%) lower than Spencer. Rents there are somewhat more expensive. In Grantsville the median monthly rent is $529, which is $95 (17%) higher than Spencer.
Ripley
Ripley is roughly 16 miles west from Spencer. The real estate prices there are a lot more expensive. Ripley's median home price is $117,800, which is $43,900 (37%) higher than Spencer. Rent there is a bit more expensive. Ripley's median monthly rent is $551, which works out to $117 (21%) higher than Spencer.
Elizabeth
Elizabeth is about 17 miles north of Spencer. The housing prices there are a little less expensive. The median home in Elizabeth is valued at $56,800, which works out to $17,100 (30%) lower than Spencer. The rent there is somewhat more expensive. The median monthly rent in Elizabeth is $473, which works out to $39 (8%) higher than Spencer.
Ravenswood
Ravenswood is roughly 21 miles northwest from Spencer. Housing prices there are somewhat more expensive. The median home in Ravenswood costs $93,400, which works out to $19,500 (20%) higher than Spencer. The rent there is significantly more expensive. In Ravenswood the median rent is $864 a month, which comes out to $430 (49%) higher than Spencer.
Clendenin
Clendenin is about 21 miles south of Spencer. Its housing prices are somewhat less expensive. The median home in Clendenin is valued at $66,300, which is $7,600 (11%) lower than Spencer. Rents there are significantly more expensive. The median rent in Clendenin is $805 per month, which comes out to $371 (46%) higher than Spencer.
