Is Spencer, WI 54479 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Spencer is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$148▲ +21.2% vs. last year

The Spencer housing market right now

In the three months ending August 31, 2026, 33% of homes in Spencer, WI 54479 sold above their list price, the typical home went under contract in 49 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 12 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold faster (58 days then) and the median sale price rose 35% to $222,354. Overall, Spencer is more competitive than a year ago, so tougher for buyers.

Within Clark County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%.

Nearby, buyers who want less competition could look at Willard 54493 (0% sold over asking) or Unity 54488 (0% sold over asking), while Loyal 54446 (50% sold over asking) and Humbird 54746 (50% sold over asking) are even more competitive.

Nearby markets

Chili 54420Buyer’s market $202 /sq ftDorchester 54425Buyer’s market $101 /sq ftGranton 54436Seller’s market $156 /sq ftGreenwood 54437Seller’s market $116 /sq ft Browse all markets →

Where Spencer is

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Questions about Spencer real estate

Is Spencer a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in Spencer, WI 54479 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Spencer?

The typical home went under contract in 49 days in the latest three months.

Do homes in Spencer sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Spencer?

About 1.45% of a home’s value a year in Clark County, or roughly $5,800 on a $400,000 home.

What is the median home price in Spencer?

The median sale price was $222,354 in the three months ending August 31, 2026, about $148 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology