Spencer, OK housing market
The typical Spencer home is worth about $149,000, up 1.1% in a year, 33% below the Oklahoma typical home.
Home values, sales, trends and how Spencer compares with the towns next door — updated as new data is published.
Spencer at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Spencer | Oklahoma |
|---|---|---|
| 2017 | $67,000 | $130,000 |
| 2018 | $78,000 | $134,000 |
| 2019 | $81,000 | $139,000 |
| 2020 | $90,000 | $148,000 |
| 2021 | $106,000 | $163,000 |
| 2022 | $120,000 | $185,000 |
| 2023 | $139,000 | $203,000 |
| 2024 | $141,000 | $210,000 |
| 2025 | $150,000 | $217,000 |
| 2026 | $146,000 | $221,000 |
| August 2026 | $149,000 | $223,000 |
Spencer and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Spencer | $149K | +1.1% | — | $59,861 |
| Midwest City | $171K | +0.7% | 17 | $57,520 |
| Oklahoma City | $207K | +0.1% | 38 | $68,656 |
| Nicoma Park | $197K | +2.7% | — | $62,447 |
2.5 years of income
The typical Spencer home costs about 2.5 years of the town's median household income, less than across Oklahoma (3.4 years).
How Spencer ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.