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Housing in Spencerville

5 homes sold in Spencerville in the last year, at a typical $466K

Almost every sale is a house. Below: a shortcut to every site where Spencerville homes are listed.

Homes sold
5
May 2025 to April 2026
Typical sale price
$466K
median, weighted by sales
Price per square foot
$233
New Mexico $219
For sale now
2
April 2026 · 1 sold that month
Rent or buy?

Owning the typical Spencerville home costs about $2,671 a month

Mortgage
Property tax
Insurance
Rent

Price: Spencerville’s typical sale, last 12 months. Property tax at Spencerville’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Spencerville is affordable on local pay is on Cost of living.

Before you buy in Spencerville

Five things worth knowing

0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $466K home, about $2,870 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in Spencerville
15 min

Typical commute

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

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.

Selling, or renting out?

Post your home to Spencerville, free

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

Questions about buying a home in Spencerville

What do homes sell for in Spencerville, NM?

5 homes sold in the year to April 2026 at a typical $466K, $233 a square foot.

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

A seller’s market: 2 homes were for sale in April 2026 and 1 sold, about 2 months of supply., and 60% of listings cut their price.

How much are property taxes in Spencerville?

About 0.6% of a home’s value a year. On a $466K home that’s near $2,870.

Where can I see homes for sale in Spencerville?

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

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).