Spencerville, MD 20868 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Spencerville, MD—20868

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$749,000

0.7% YoY Growth

Household Income

$110,000

48.4% YoY Growth

Days on Market

N/A

Home Price Forecast

0.0%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Spencerville, MD

As of Dec '25, the median home price in Spencerville, MD is $749,000, with a year-over-year change of 0.7%. This indicates that home prices in Spencerville, MD are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$749,000	0.7%
Single Family	$751,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Spencerville, MD

Spencerville, MD lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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No data available

Property Listings — Spencerville, MD

As of Dec '25, Realtor.com reports that the median days on market for a home in Spencerville, MD is 68. This is a increase of 84.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	N/A	N/A
Listing Count	N/A	N/A
Listings as % of Homes	N/A	N/A
Days on Market	N/A	N/A

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Demographics — Spencerville, MD

As of the latest ACS Survey released in 2023, Spencerville, MD has a population of 384, which has decreased by -55.6% over the past 5 years. Spencerville, MD is a popular place for families, as children make up 33.3% of the population. The area has a highly educated workforce, with 55.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.

Metric	Latest Census	YoY % Change
Population	384	-55.6%
% Under 18	33.3%	45.4%
% Seniors	23.2%	65.7%
% WFH	3.6%	-74.3%
% w/ College Degree	55.1%	7.2%

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As of the latest ACS Survey released in 2023, Spencerville, MD is a predominantly white area, with 63.5% of the population identifying as white. The white population has grown by 181.0% in the last 5 years. The second most common race or ethnicity in Spencerville, MD is asian, making up 20.3% of the population. Foreign-born residents account for 16.9% of the population in Spencerville, MD, and this percentage has decreased by 49.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	63.5%	181.0%
% Black	0.0%	-100.0%
% Hispanic	16.1%	-47.7%
% Asian	20.3%	-22.5%
% Foreign Born	16.9%	-49.1%

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Mortgage and Risk — Spencerville, MD

Spencerville, MD lacks sufficient mortgage origination data for analysis.

Mortgages

Metric	Zip Code Average
Total Loan Originations	N/A
% Conventional Loans	N/A
% Government Loans	N/A
% Investor Loans	N/A
% Second Loans	N/A
% Cash Out Refinance	N/A

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Rentals and Section 8 — Spencerville, MD

Spencerville, MD lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$2,080
2 Bedroom	N/A	N/A	$2,340
3 Bedroom	N/A	N/A	$2,930
4 Bedroom	N/A	N/A	$3,450

Spencerville, MD—20868

Key Metrics at a Glance

Home Price Trends — Spencerville, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Spencerville, MD

Property Listings — Spencerville, MD

Demographics — Spencerville, MD

Race and Ethnicity

Mortgage and Risk — Spencerville, MD

Mortgages

Rentals and Section 8 — Spencerville, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Spencerville, MD

Home Price to Income Ratio

Spencerville, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Burtonsville, MD

Silver Spring, MD

Fulton, MD

Ashton, MD

Highland, MD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	6.4
Median Home Price	$749,000
Median Household Income	$110,000

Spencerville, MD—20868

Key Metrics at a Glance

Home Price Trends — Spencerville, MD

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Spencerville, MD

Property Listings — Spencerville, MD

Demographics — Spencerville, MD

Race and Ethnicity

Mortgage and Risk — Spencerville, MD

Mortgages

Rentals and Section 8 — Spencerville, MD

Section 8 Market Size

Section 8 Opportunity

Affordability — Spencerville, MD

Home Price to Income Ratio

Spencerville, MD — ZIP Code Boundary Map

Nearby ZIP Codes

Burtonsville, MD

Silver Spring, MD

Fulton, MD

Ashton, MD

Highland, MD

Frequently Asked Questions

What is the average home price in Spencerville, MD 20868?

How have home prices in Spencerville, MD 20868 changed over the past year?

What is the home price projection for Spencerville, MD 20868?

What are the demographics of Spencerville, MD 20868?

How long does it take homes to sell in Spencerville, MD 20868?

What is the average rent price in Spencerville, MD 20868?