Commercial Real Estate Market in Spencer, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
166 active listings and 113 off-market properties in Spencer, LA.
Market Trends
Spencer, LA spans 59.4 square miles in Ouachita County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Spencer, LA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Spencer, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Spencer, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Spencer, LA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
Spencer, LA has 4,708 residents in 2,280 households. Density runs 79 people per square mile. Median household income here is $75,768 and median gross rent $1,043 a month.
4,708
Population
2,280
Households
2.1
Avg Household Size
37
Median Age
25%
College-Educated
88%
High-School Grad
59.4 sq mi
ZIP Area
79
Density / Sq Mi
$75,768
Median Household Income
$47,789
Median Earnings
$1,043
Median Rent
$260,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Linville | — | — |
| Fairbanks | — | — |
| Bastrop | — | $9.90 |
| Swartz | — | — |
Commercial property in Spencer, LA asks $13,176/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Spencer?
Commercial property in Spencer, LA asks an average of $13,176 per square foot.
Where does Realmo's Spencer market data come from?
Realmo compiles Spencer, LA figures from 165 active sale listings, 1 active lease listings, 113 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 165 active for-sale and 1 active for-lease listings in Spencer, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
