Spencer, IN Housing Market
The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $189K last month, down 4.5% since last year. The median sale price per square foot in Spencer is $154, up 11.2% since last year.
Spencer Housing Market Trends
In October 2025, Spencer home prices were down 4.5% compared to last year, selling for a median price of $189K.
since last year
since last year

How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Spencer housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 37 days.
- Hot homescan sell for around list price and go pending in around 24 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 4% below list price and go pending in around 91 days.
- Hot homescan sell for around list price and go pending in around 48 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 18 days.
- Hot homescan sell for around list price and go pending in around 7 days.
Spencer Migration & Relocation Trends
View houses in Spencer that sold recently
Recently sold homes
- $224,900 Last Sold Price3 beds2 baths1,012 sq ft703 Bass Haven Ln, Spencer, IN 47460List Price$224,900Sale to List0% over listDays on Market168 days703 Bass Haven Ln, Spencer, IN 47460
- $318,000 Last Sold Price3 beds2 baths1,840 sq ft6887 Braysville Rd, Spencer, IN 47460List Price$375,000Sale to List15% under listDays on Market42 days6887 Braysville Rd, Spencer, IN 47460
- $125,000 Last Sold Price2 beds1 bath1,023 sq ft613 Johnson Rd, Spencer, IN 47460List Price$124,900Sale to List0% over listDays on Market34 days613 Johnson Rd, Spencer, IN 47460
- $64,900 Last Sold Price3 beds2 baths1,280 sq ft667 Ridgeline Rd, Spencer, IN 47460List Price$64,900Sale to List0% over listDays on Market42 days667 Ridgeline Rd, Spencer, IN 47460
- $55,000 Last Sold Price2 beds1 bath1,100 sq ft7482 Vilas Rd, Spencer, IN 47460List Price$75,000Sale to List27% under listDays on Market41 days7482 Vilas Rd, Spencer, IN 47460
- $99,000 Last Sold Price3 beds1 bath2,016 sq ft7424 Old Cuba Rd, Spencer, IN 47460List Price$99,900Sale to List1% under listDays on Market18 days7424 Old Cuba Rd, Spencer, IN 47460
- $250,000 Last Sold Price3 beds2 baths1,300 sq ft2265 Shepard Patrick Rd, Spencer, IN 47460List Price$250,000Sale to List0% over listDays on Market89 days2265 Shepard Patrick Rd, Spencer, IN 47460
- $240,000 Last Sold Price—beds—baths—sq ft299 E Fall Creek Rd, Spencer, IN 47460List Price$260,000Sale to List8% under listDays on Market34 days299 E Fall Creek Rd, Spencer, IN 47460
See all recently sold homes in Spencer.
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Schools in Spencer
- Elementary
- Middle
- High
GreatSchools Rating
3/10 Spencer Elementary School Public • PreK-6 | 557 Students | 1 reviews |
Climate's impact on Spencer housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Spencer.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Moderate
Heat Factor

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