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NY area data

Spencer, NY

Spencer, NY.

Population: 4,184 (Census ACS)

The median home value in Spencer, NY is $226,720 — up 9.1% over the past year. Homes sell for a median $273,000 after a median 112.5 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with inlandflooding the top-rated hazards. Cost of living is 15.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$226,720

Median home value

+9.1%

1-year change

112.5

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$226,720
1-year appreciation
+9.1%
3-year appreciation
+21.2%
5-year appreciation
+35.2%
10-year appreciation
+82.6%
All-time peak (2026-07)
$226,720
House Price Index (state)
420.6 (+5.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$273,000
Median list price
$285,000
Median price per sqft
$136
1-year sale-price change
+58.7%
Median days on market
112.5 days
Homes sold (recent period)
4
For-sale inventory
10
Sale-to-list ratio
100.0%
Active listings
9
1-year forecast
+4.3%
New listings (monthly)
3

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,102/mo
1BR fair-market rent
$1,377/mo
2BR fair-market rent
$1,681/mo
3BR fair-market rent
$2,185/mo
4BR fair-market rent
$2,521/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (High)
115.5 (100 = US avg)
Electricity rate (state-level)
26.4¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
0
Middle schools
1
High schools
1
Schools include
SPENCER-VAN ETTEN MIDDLE SCHOOL, SPENCER-VAN ETTEN HIGH SCHOOL

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
inlandFlooding
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Moderate
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 13% of US counties
Buildings in wildfire direct-exposure zone
78.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Kentucky Avenue Well Field (19.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
38.5 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
3.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
2,898
Jobs reachable by transit (45 min)
2,983

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Harriet Tubman National Historical Park (47 mi)
National parks include
Harriet Tubman National Historical Park, Women's Rights National Historical Park
Airports within 30 mi
25
Nearest airport
Kohn Airport (8 mi)
Nearest major airport
Ithaca Tompkins Regional Airport (ITH) (18 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
ARNOT OGDEN MEDICAL CENTER, CAYUGA MEDICAL CENTER AT ITHACA, ELMIRA PSYCH CENTER
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
3.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-37 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,978
Housing built before 1970
35.6%
Housing built 2000 or later
15.7%
Median annual property tax
$4,446
Mean commute to work
24 min
Households with broadband internet
66.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
10,553
Average weekly wage
$1,310
Top industries (by employment)
Accommodation & Food, Health Care, Wholesale Trade
Annual residential building permits (county)
40

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

SpencerState medianUS median
Median home value$226,720$332,036$289,727
Median sale price$273,000$363,950$325,000
Median days on market113 days55 days51 days
Median annual property tax$4,446$4,500$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Spencer, NY?
$226,720.
What is the median sale price in Spencer, NY?
$273,000.
How long do homes take to sell in Spencer, NY?
Median days on market: 112.5 days.
What is typical rent in Spencer, NY?
2-bedroom fair-market rent: $1,681/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Spencer, NY?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: inlandFlooding.
Is Spencer, NY in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in Spencer, NY?
Risk to homes is higher than 13% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Spencer, NY?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Spencer, NY?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Spencer, NY?
2 schools (1 middle, 1 high) (NCES, 2022-23).
Is Spencer, NY walkable?
Walkability index: 3.7/20 (EPA Smart Location Database).
What is the cost of living in Spencer, NY?
Regional Price Parity: 115.5 (100 = US average) (High) (BEA RPP, metro/state-level).

ZIP code for Spencer

Selling a home in Spencer, NY?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents