The median home in Spencer, South Dakota is valued at $250,494, up 8.5% year over year. Spencer is part of the Sioux Falls, SD metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$250,494

+8.5%

Prices rising — worse for buyers.

Affordability

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Income (annual)

Down Payment

$50,099 on $250,494

Example: $75,000 household income. Change it above to see your own.

Affordable27.6% of income

Under the 28% guideline.

PITI$1,723

P/I27.6%

Afford$254K

Room+$4K

P&I $1,267Tax $273Ins $183

6.50% 30yr, 20% down, county tax + SD ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in South Dakota

Compare Spencer with other housing markets across South Dakota.

Keystone$615K South Shore$546K Hermosa$513K Florence$493K Henry$492K Wentworth$476K Renner$462K Custer$460K

Full Sioux Falls, SD analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Sioux Falls, SD metro.

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Spencer, SD