Spencerville, MD—20868

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$755,000
1.3% YoY Growth
Median Household Income
$110,000
48.4% 5-Year Growth
Days on Market
25
32.0% Longer than last year
Home Price Forecast
-0.4%
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

Property Listings — Spencerville, MD

As of Oct '25, Realtor.com reports that the median days on market for a home in Spencerville, MD is 25. This is a increase of 32.0% 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$950,00011.0%
Listing Count
20.0%
Listings as % of HomesN/A0.0%
Days on Market
2532.0%
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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.

MetricLatest CensusYoY % 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

MetricLatest Census5-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

MetricZip 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

Loan Activity

No data available

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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 SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$2,080
2 BedroomN/AN/A$2,340
3 BedroomN/AN/A$2,930
4 BedroomN/AN/A$3,450

Affordability — Spencerville, MD

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.4
Median Home Price$755,000
Median Household Income$110,000

Spencerville, MD — ZIP Code Boundary Map

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Nearby ZIP Codes

Burtonsville, MD

20866

Silver Spring, MD

20905

Fulton, MD

20759

Ashton, MD

20861

Highland, MD

20777

Frequently Asked Questions