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Spencer, OK
Full City Profile · Oklahoma · Oklahoma County County
2.9
/5.0
C+
Fair
3,942
Population
733/sq mi density
$57,550
Median Income
$26,749 per capita
$119,000
Home Value
$141,247 Zillow
$940
Median Rent
21.4% income on rent
61°F
Avg Temperature
318 sunny days/yr
301
Violent Crime/100K
2,106 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$57,550 median income, 6.5% unemployment
A+
Affordability
5.0 / 5.0
$119,000 home value, $940/mo rent
F
Safety
1.0 / 5.0
301 violent crimes/100K
C+
Education
2.8 / 5.0
22.4% bachelor's degree or higher
Housing Overview
Median Home Value
$119,000
58% below
US avg: $281,900
Median Rent
$940/mo
19% below
US avg: $1,163/mo
Homeownership Rate
66.6%
2% above US avg (65.4%)
Total Housing Units
1,935
Median year built: 1973
Home Value by Source
Census Median
$119,000
Zillow (ZHVI)
$141,247
Median Sale Price
$140,000
Median List Price
$154,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.6%
Owner-Occupied
33.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$744/mo
1 Bedroom
$791/mo
2 Bedroom
$995/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,501/mo
Census median rent:
$940/mo
Market Indicators (Redfin)
Median Days on Market
99 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$103
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
21.4%
of renters spending 30%+ of income on housing
31% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
66.6%
Complete Housing Data
Home Values
| Census Median Value | $119,000 |
| Zillow Home Value (ZHVI) | $141,247 |
| Median Sale Price | $140,000 |
| Median List Price | $154,950 |
| Price Per Sq Ft | $103 |
Rent
| Census Median Rent | $940 |
| FMR Studio | $744 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $995 |
| FMR 3-Bedroom | $1,297 |
| FMR 4-Bedroom | $1,501 |
Market
| Days on Market | 99 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 4 |
| Active Inventory | 7 |
| Price Per Sq Ft | $103 |
Ownership & Stock
| Owner-Occupied | 66.6% |
| Renter-Occupied | 33.4% |
| Homeownership Rate | 66.6% |
| Total Housing Units | 1,935 |
| Median Year Built | 1973 |
| Rent Burden | 21.4% |