City

SPENCER, TN

The median home in Spencer, Tennessee is valued at $206,916, down 2.9% year over year.

Home Value$206,916
-2.9%
AFFORDABILITY

Enter your income for Spencer.

$41,383 on $206,916
Affordable — 21.4% of income

Under the 28% guideline.

PITI$1,335
P/I21.4%
Afford$271K
Room+$64K
P&I $1,046Tax $122Ins $167
6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing