Spencer, IN—47431
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$240,000
2.0% YoY Growth
Household Income
$58,800
11.4% YoY Growth
Days on Market
83
7.0% Shorter YoY
Home Price Forecast
-0.6%
Median 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
Other Zip Codes in Spencer, IN
Home Price Trends — Spencer, IN
As of May '26, the median home price in Spencer, IN is $240,000, with a year-over-year change of 2.0%. This indicates that home prices in Spencer, IN are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 2.0% |
| Single Family | $241,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |