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Featured local agent — Spicer, MN
Sarah Mitchell
Compass Real Estate · Spicer, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spicer, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$593,940median sale price
How is the Spicer, MN housing market right now?
The median home sale price in Spicer, MN is $593,940, up 62.7% year-over-year. Homes sell in an average of 39 days with 8 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spicer a buyer's or seller's market?
Spicer, MN is currently a balanced market, based on 4.0 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
39
Average pace
Active listings
8
4.0 months supply
Sale-to-list
96.4%
Below asking
What does the Spicer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $593,940 |
| Median list price | $334,450 |
| Year-over-year price change | +62.7% |
| Average days on market | 39 days |
| Active inventory | 8 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $217/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Spicer by property type?
How the Spicer, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $392,880 | $371/sq ft | 1 | 14 days |
| Townhouse | $575,000 | $305/sq ft | 1 | 97 days |
Source: Redfin · Updated monthly
The Spicer housing market is currently classified as a balanced market with a median sale price of $593,940. Prices have risen 62.7% compared to last year, with homes spending an average of 39 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Homes for sale in Spicer
There are currently 8 homes listed for sale in Spicer, Minnesota. The median listing price is $334K.
Active listings
8
Homes on market
Median list price
$334K
Avg. days on market
39
Days until sale
New this week
2
Newly listed
Who lives in Spicer?
Population
1,222
Median income
$76,406/yr
Median age
44.5 years
Owner-occupied
67.5%
College grads
25.6%
Avg commute
16.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Spicer?
Zillow home value
$403,631
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Spicer?
Spicer is a community of approximately 1K residents with a median age of 44.5 years.The median household income is $76,406, which reflects a relatively affluent area with strong earning potential. 25.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 16.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spicer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Spicer?
1 schools tracked · 17 students
The largest public schools serving Spicer, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Prairie Meadows Learning Center
Grades PK · 17 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Spicer, MN?
Want a head-to-head view? Compare Spicer side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spicer?
The median home sale price in Spicer is $593,940, up 62.7% from last year.
How long do homes stay on market in Spicer?
Homes typically spend 39 days on market before going under contract.
What is the median income in Spicer?
The median household income is $76,406 per year.
Is Spicer a buyer's or seller's market?
With 4.0 months of supply, Spicer is currently a balanced market.
What is the Zillow home value estimate for Spicer?
The Zillow Home Value Index (ZHVI) for Spicer is $403,631, representing the typical home value in the area.
What is the median condo price in Spicer?
The median condo/co-op sale price in Spicer, MN is $392,880, based on the latest Redfin data.
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