51301 Home Values & Market Trends
There are 234 homes currently listed for 51301. 51301 real estate market trends show that home prices range from $50,000 to $697,500, and the median sales price in the 51301 zip code is $180,558. The total number of properties sold within the past twelve months is 241. In 51301, 5 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
51301 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Spencer | $ 180,558 $ 147/sqft |
Housing Market Summary for 51301
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $229.9K | $230K | 0.04% |
| Median Sold Price | $183.1K | $161.6K | -11.71% |
| Homes For Sale | 142 | 228 | 60.56% |
| Homes Sold | 97 | 102 | 5.15% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 51301
Browse Homes in 51301
The median list price of a home in Spencer, is $180,558. A total of 234 properties are for sale, and the percentage of properties for sale in the zip code is 234.00%. The total count of 51301 properties is 350.
- Pre-ForeclosurePre-foreclosure homes account for 1.14% of all residential properties in 51301 with spencer containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 51301; of that cities, the estimated home value for pre-foreclosure homes ranges from $166,191 in spencer to the lowest home value of $116,099 in spencer.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 51301 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 51301. There is 1 cities within 51301; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspencer has 1 auction properties, the highest number of properties going to auction in a single city in the state of 51301. Auction homes and other auction properties account for 0.29% of all properties in 51301. There is 1 cities within 51301; of that cities, the median estimated home value for homes going to auction ranges from $153,024 in spencer to the lowest value of $153,024 in spencer.
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Guide for 51301
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.