Spencer, West Virginia.
Typical home $117,159 (+5.3% in a year).
to buy the typical home at today's mortgage rate — +$290 (+89%) since Jan 2020.
- 1 year
- Up $5,846 +5%
- $111,313$117,159 since Sep 2025
- 5 years
- Up $7,109 +6%
- $110,050$117,159 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Spencer$615
- West Virginia$927
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 55 years.
Typical home values in Spencer, WV rose 5.3% over the past year — faster than the nation's +1.2%.
Living in Spencer, Roane County, West Virginia
Spencer is a city of 2,063 people in Roane County. 57% of its homes are lived in by their owners and 43% are rented. Unemployment in Roane County was 5.5% in August 2026, and the county had 4.7% fewer jobs in 2025 than the year before. The most people in Roane County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Spencer is a small city and the seat of Roane County, in the hills of central West Virginia. Most homes here are lived in by their owners, and typical home values are modest. Incomes in the county run below the national picture, and fewer adults hold a four-year degree than in many parts of the country.
Work. Many residents work in schools, hospitals and social care, with manufacturing, retail, and farming, forestry and mining also employing local people. Among the largest workplaces in Spencer are Roane County Schools, Walmart and Armacell. Unemployment in the county is a little lower than a year ago, though the county has fewer jobs than it did the year before, and very few people work from home.
Things to do. The Robey Theatre in Spencer is a short drive away, and Triplett Run and Henry Fork, both small rivers, are also close by. For a longer outing, Frozen Camp Wildlife Management Area is a protected area a longer drive away. Winters are cold and snowy, summers warm, and rain and melted snow fall steadily through the year.
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- 897households
- 17%of adults have a degree
- 4%work from home
What people in Roane County work in
Employed residents by industry, from the Census survey. Roane County had 2,749 jobs in 2025, 4.7% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 22°; warmest in July, with highs near 83° and lows near 62°. About 24 inches of snow and 47 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Spencer weather station, under a mile away (NOAA).
Largest workplaces in Spencer
- Roane County SchoolsSchool district278FTE
- WalmartWarehouse clubs and supercenters179
- ArmacellMattress protectors, rubber, manufacturing53
- Miletree CenterSkilled nursing facilities52
- 2-2-0 Corporation dba Star WeldChemical gases merchant wholesalers24
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 4 workplaces with 20 or more staff, 308 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Inland floodingVery high
- Ice stormsRelatively high
- Strong windRelatively high
- LightningRelatively high
- Winter weatherRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Spencer’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Roane County.
Spencer home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Spencer$117,159
- West Virginia$176,576
- United States$366,157
Sellers are cutting prices on about 1 in 4 Spencer listings — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Spencer24.63%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Spencer45
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Spencer address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Spencer — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Spencer
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 25276 | Spencer | 7,127 | — | $118,551 |
| 26151 | Mount Zion | 572 | — | $121,769 |
| 26141 | Creston | 356 | — | $109,884 |