38585 Home Values & Market Trends
There are 73 homes currently listed for 38585. 38585 real estate market trends show that home prices range from $29,900 to $750,000, and the median sales price in the 38585 zip code is $291,536. The total number of properties sold within the past twelve months is 61. In 38585, 3 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
38585 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Spencer | $ 291,536 $ 174/sqft |
Housing Market Summary for 38585
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $275K | $276.9K | 0.71% |
| Median Sold Price | $99,221 | $157.6K | 58.81% |
| Homes For Sale | 58 | 73 | 25.86% |
| Homes Sold | 37 | 26 | -29.73% |
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 38585
Browse Homes in 38585
The median list price of a home in Spencer, is $291,536. A total of 73 properties are for sale, and the percentage of properties for sale in the zip code is 73.00%. The total count of 38585 properties is 105.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 38585 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 38585; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 38585 ranges from the highest value of $124,977 in spencer to the lowest value of $124,977 in spencer. Bank owned homes and properties account for 0.95% of properties in 38585. There is 1 cities within 38585; spencer containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsspencer has 2 auction properties, the highest number of properties going to auction in a single city in the state of 38585. Auction homes and other auction properties account for 1.90% of all properties in 38585. There is 1 cities within 38585; of that cities, the median estimated home value for homes going to auction ranges from $307,387 in spencer to the lowest value of $124,101 in spencer.
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Guide for 38585
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.
Tips to find a home in pre-foreclosure and get a good deal on a new home.