House Prices

House Prices & Home Values Spencer, TN 2026


Average Data

average house price$185,000
average size per house1586 ft²
average price per ft²117 $ / ft²

04/05/2026 - The value range (VR) for house prices in Spencer, TN is $117/ sqft to $117/ sqft. An average home with 1586 sqft costs approximately $185,562 to $185,562. Spencer, TN includes 1 ZIP codes and it is located in Van Buren county. The lowest prices are found in ZIP 38585, while the highest are in ZIP 38585. The average price per sqare feet is $117. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Spencer

38585109 $ / ft²




Historical development of home values in Spencer

Year Estimated value (USD) Change vs. 2025
2010 $85,917 -53.6%
2011 $82,595 -55.4%
2012 $82,373 -55.5%
2013 $85,451 -53.8%
2014 $89,700 -51.5%
2015 $94,304 -49.0%
2016 $99,226 -46.4%
2017 $104,581 -43.5%
2018 $110,363 -40.3%
2019 $115,480 -37.6%
2020 $121,450 -34.4%
2021 $138,136 -25.3%
2022 $161,036 -13.0%
2023 $169,820 -8.2%
2024 $179,644 -2.9%
2025 $185,000 0.0%

Graph: estimated home values in Spencer over time (USD)



Example: 100% financing house in Spencer

Loan amount: $185,000

Interest rate: 6.00%

Fixed monthly payment: $1,109.17

Breakdown in the 1st month:
Interest portion: $925.00  –  Principal portion: $184.17

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,038.20 $2,271.82 $182,728.18
2 $10,898.08 $2,411.94 $180,316.24
3 $10,749.32 $2,560.71 $177,755.53
4 $10,591.38 $2,718.64 $175,036.88
5 $10,423.70 $2,886.32 $172,150.56
6 $10,245.67 $3,064.35 $169,086.21
7 $10,056.67 $3,253.35 $165,832.86
8 $9,856.01 $3,454.01 $162,378.86
9 $9,642.98 $3,667.04 $158,711.81
10 $9,416.80 $3,893.22 $154,818.59
11 $9,176.68 $4,133.34 $150,685.25
12 $8,921.74 $4,388.28 $146,296.97
13 $8,651.08 $4,658.94 $141,638.03
14 $8,363.73 $4,946.29 $136,691.73
15 $8,058.65 $5,251.37 $131,440.36
16 $7,734.76 $5,575.26 $125,865.10
17 $7,390.89 $5,919.13 $119,945.97
18 $7,025.81 $6,284.21 $113,661.75
19 $6,638.21 $6,671.81 $106,989.95
20 $6,226.71 $7,083.31 $99,906.63
21 $5,789.83 $7,520.19 $92,386.44
22 $5,326.00 $7,984.02 $84,402.42
23 $4,833.56 $8,476.46 $75,925.96
24 $4,310.75 $8,999.27 $66,926.69
25 $3,755.70 $9,554.33 $57,372.36
26 $3,166.41 $10,143.62 $47,228.75
27 $2,540.77 $10,769.25 $36,459.49
28 $1,876.55 $11,433.47 $25,026.02
29 $1,171.35 $12,138.67 $12,887.35
30 $422.67 $12,887.35 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Spencer, TN


1500 sqft3900 sqft
Ø selling price$212,356$451,738
Ø fast selling$193,051$406,564
Ø high price sale$231,661$496,911

In 2026, houses in Spencer, TN will be offered at an average price of $117 per square foot. A 1,500 sqft home priced at $212,356 is 21.30% more expensive per square foot than a 3,900 sqft home priced at $451,738. Home prices in Spencer, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $312,741. Sellers who can wait longer may achieve a higher price of up to $382,240.


Discover Spencer, TN

Spencer, TN is a scenic mountain town on the Cumberland Plateau and the county seat of Van Buren County.

Known as the gateway to Fall Creek Falls State Park, Spencer offers sweeping vistas and easy access to Tennessee?s tallest waterfalls.

Outdoor Adventures

Outdoor lovers can hike gorge trails, bike rolling backroads, and camp beneath starry skies in and around Fall Creek Falls.

Highlights include Cane Creek Falls, Piney Falls, and scenic overlooks like Buzzard?s Roost, plus fishing, paddling, and birding opportunities
for all skill levels along family-friendly loops and rugged ridge trails.

Small-Town Living

Downtown Spencer features locally owned shops, farm-to-table cafes, and seasonal festivals that showcase Appalachian crafts and music.

Affordable real estate, welcoming neighborhoods, and solid public schools make Spencer, TN attractive for retirees, remote workers, and families.

Travel and Local Tips

The town sits along State Route 111 with easy drives to Chattanooga and Nashville, while scenic byways connect to neighboring plateau towns.

Expect four true seasons with cool summers and colorful fall foliage, and consider cabins, campgrounds, or cozy inns when booking lodging.

Plan Your Visit

Start at the Van Buren County visitor center for maps, trail conditions, and event calendars, then explore markets, murals, and local history exhibits.

Whether you are searching for things to do in Spencer, TN, the best hiking near Fall Creek Falls State Park, or weekend cabin getaways, this mountain town delivers memorable, budget-friendly adventures.



FAQ – Home Values in Spencer

What is the median home value in Spencer in 2026?

In 2026, the typical home value in Spencer is about $185,000 for an average home size of 1586 square feet. This corresponds to an average price of roughly $117 per square foot.

What is the average cost per square foot in Spencer?

In 2026, homes in Spencer sell for an average of around $117 per square foot, with a typical range between $117 and $117 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Spencer is about 1586 square feet, with an estimated 2026 value around $185,000.



Locations close to Spencer, TN

Walling, TN209 $ / ft²
Whitleyville, TN172 $ / ft²
Wilder, TN154 $ / ft²
Sparta, TN119 $ / ft²
Silver Point, TN255 $ / ft²
Rock Island, TN110 $ / ft²
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