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Housing in Spicer

31 homes sold in Spicer in the last year, at a typical $349K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Spicer homes are listed.

Homes sold
31
May 2025 to April 2026
Typical sale price
$349K
median, weighted by sales
Price per square foot
$193
Minnesota $190
Paid vs. asking
96.9%
10% sold over asking
For sale now
8
April 2026 · 2 sold that month
What sold · last 12 months

Houses are 74% of Spicer’s sales, at a typical $339K

31 homes sold in the year to April 2026.

Houses$339K

typical sale · 23 sold in 12 months

Per square foot
$199MN $190
Days to sell
45
Sold over asking
13%
Listings with a price cut
23%
Fewer sales

Multi-family (2–4 units): 2 sold, typical $463K
Townhouses: 5 sold, typical $350K
Condos: 1 sold, typical $393K

Too few sales in 12 months for reliable figures.

13 years of sales

About as many homes sell as usual, at 1.5 times the 2016 price

31 sales in the last year, against 74 in 2020 and a low of 16 in 2023. The typical sale went from $232K in 2016 to $349K.

Homes soldTypical sale price
0255075100$200K$300K$400K$500K2012: 24 sold, typical $184K’122013: 36 sold, typical $235K2015: 32 sold, typical $302K’152016: 31 sold, typical $232K2017: 32 sold, typical $234K’172018: 35 sold, typical $207K2019: 29 sold, typical $273K’192020: 74 sold, typical $244K2021: 40 sold, typical $354K’212022: 22 sold, typical $335K2023: 16 sold, typical $325K’232024: 36 sold, typical $437K2025: 29 sold, typical $322K’25Last 12 months: 31 sold, typical $349KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Spicer

Houseat $199 a sq ft
The same money in Minnesotaat $190 a sq ft

Is this asking price fair?

Check a listing against what Spicer homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 13 years of sales

Bidding wars in Spicer are back to pre-pandemic levels, but two thirds fewer homes come up for sale

We read every month of Spicer’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to April 2026, 31 sales.

If you’re buying in Spicer

  • Shop in March. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
  • You can negotiate. 19% of listings have cut their price, against 14% before the pandemic.
  • Offer under asking. Buyers paid 96.9% of the list price on average; 10% paid over.
  • You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 56 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 6 a month), but August is the most competitive: 31% of August sales close over asking. March offers nearly as much choice with fewer homes bid up (10%). February has the least competition (0%) but only about 1 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 27% sold over asking, 76 days to sellJFeb: 1 new listings a month, 0% sold over asking, 182 days to sellFMar: 5 new listings a month, 10% sold over asking, 145 days to sellMApr: 5 new listings a month, 29% sold over asking, 248 days to sellAMay: 5 new listings a month, 14% sold over asking, 114 days to sellMJun: 6 new listings a month, 14% sold over asking, 80 days to sellJJul: 4 new listings a month, 17% sold over asking, 182 days to sellJAug: 4 new listings a month, 31% sold over asking, 82 days to sellASep: 4 new listings a month, 19% sold over asking, 102 days to sellSOct: 3 new listings a month, 17% sold over asking, 74 days to sellONov: 2 new listings a month, 15% sold over asking, 56 days to sellNDec: 2 new listings a month, 14% sold over asking, 153 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Minnesota

Spicer now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price10%14%30%33%
Gone within two weeksShare of homes under contract within 14 days45%8%51%42%
Listings with a price cutShare of homes for sale that cut their price19%14%24%28%
Price paid vs. askingAverage sale price ÷ list price96.9%95.8%99.3%99.3%
Days to sellMedian days from listing to contract561804835
Supply

8 homes for sale on a typical day

That’s 2.2 times the 2022 low (4), 67% fewer than in 2017–19 and well under 2013’s 26.

2012: 22 for sale’122013: 26 for sale2015: 20 for sale2016: 25 for sale’162017: 23 for sale2018: 23 for sale2019: 23 for sale’192020: 19 for sale2021: 6 for sale2022: 4 for sale’222023: 8 for sale2024: 9 for sale2025: 8 for sale’25Last 12 months: 8 for saleNow
Room to negotiate

1 in 5 listings has cut its price

19% in the last year, against 14% in 2017–19 and 28% across Minnesota.

2015: 9%’152016: 3%2017: 4%2018: 4%’182019: 20%2020: 22%2021: 24%’212022: 33%2023: 20%2024: 14%’242025: 22%Last 12 months: 19%Now

Source: Redfin Data Center, city market tracker, January 2012 to April 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Spicer home costs about $2,216 a month

Mortgage
Property tax
Insurance
Rent

Price: Spicer’s typical sale, last 12 months. Property tax at Spicer’s 1.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Spicer is affordable on local pay is on Cost of living.

Before you buy in Spicer

Six things worth knowing

6

New listings in June

The month with the most choice. February has the fewest, about 1.

Best time to buy
1.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $349K home, about $4,730 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Spicer, from test results, graduation and how much students grow.

Schools in Spicer
16 min

Typical commute

The average one-way trip to work for people who live in Spicer.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Willmar, Atwater and Paynesville sell for less a square foot

The busier markets within 25 miles of Spicer, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Willmar211$235K$13225%35
Paynesville41$244K$15429%67
Spicer31$349K$19310%56
Atwater20$232K$12330%53

Redfin Data Center, May 2025 to April 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Spicer, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Spicer. People who follow the town see it, and so do people comparing Spicer with their own town. No commission, no listing fee.

Questions about buying a home in Spicer

What do homes sell for in Spicer, MN?

31 homes sold in the year to April 2026 at a typical $349K, $193 a square foot.

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

A balanced market: 8 homes were for sale in April 2026 and 2 sold, about 4 months of supply. Buyers paid 96.9% of asking on average, and 19% of listings cut their price.

When is the best time to buy in Spicer?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Spicer?

About 1.4% of a home’s value a year. On a $349K home that’s near $4,730.

Where can I see homes for sale in Spicer?

Zillow, Redfin, Realtor.com and Homes.com all carry Spicer’s MLS listings; the search links above open each one filtered to Spicer.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).