Updated May 2026 · Redfin · 3-month window
51301 Real Estate Market Update: Spencer, IA, May 2026
The latest housing-market numbers for ZIP code 51301 in Spencer, Iowa, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $176K | ▲ +7.3% | ▼ -6.1% |
| Days on market | 55 | ▼ -5.2% | ▼ -1.8% |
| Homes for sale | 60 | ▲ +17.6% | ▲ +39.5% |
| Sale-to-list | 96.5% | ▼ -0.3% | ▼ -1.5% |
| Homes sold | 44 | ▲ +10.0% | ▼ -12.0% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 51301 numbers say
The 51301 ZIP in Spencer is cooling. The median sale price sits at $176,000, 6.1% below last year. The market has loosened: a typical listing now takes around 55 days to go under contract, with sellers getting 96.5% of list price.
Based on 44 recent sales, 51301 is currently an active market.
What this means if you sell in 51301
Use these figures to set expectations early. Lead a listing appointment with the median price and the 55-day pace, show the year-over-year direction, and frame 51301 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Spencer post →Frequently asked: the 51301 housing market
- What is the median home price in ZIP 51301 (Spencer, IA)?
- As of May 2026, the median sale price in ZIP 51301 is $176,000 (-6.1% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 51301 a buyer's or seller's market right now?
- ZIP 51301 is currently an active market, based on a 96.5% sale-to-list ratio, about 55 days on market for May 2026.
- How long do homes take to sell in ZIP 51301?
- A typical listing in 51301 goes under contract in about 55 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 51301 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.