Spencer, OH Housing Market

Homes for sale

The Spencer housing market is somewhat competitive. The median sale price of a home in Spencer was $239K last month, down 16.3% since last year.

Trends
Demand
Migration
Schools
Climate

Spencer Housing Market Trends

What is the housing market like in Spencer today?

In December 2024, Spencer home prices were down 16.3% compared to last year, selling for a median price of $239K.

$187K

Sale Price

$144

Sale $/Sq. Ft.

Over List Price

2.2%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Spencer and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Spencer add value to a home.

How hot is the Spencer housing market?

Spencer is somewhat competitive. Homes sell in 33 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% above list price and go pending in around 33 days.
Hot homes
can sell for about 6% above list price and go pending in around 6 days.

Compare With Nearby Cities

Strongsville

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 days.

Medina

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 11 days.

See more nearby cities and neighborhoods

Spencer Migration & Relocation Trends

In Dec '24 - Feb '25, 24% of Spencer homebuyers searched to move out of Spencer, while 76% looked to stay within the metropolitan area.

Where are people moving to Spencer from?

Across the nation, 0.68% of homebuyers searched to move into Spencer from outside metros.
New York homebuyers searched to move into Spencer more than any other metro followed by Wheeling and Los Angeles.

Where are people from Spencer moving to?

76% of Spencer homebuyers searched to stay within the Spencer metropolitan area.
Columbus was the most popular destination among Spencer homebuyers followed by Youngstown and Sarasota.

Number of People Moving to Spencer

least

most

People are moving to Spencer from

Inbound		Net inflow
Metros		Dec '24 - Feb '25
1	New York, NY	891
2	Wheeling, WV	580
3	Los Angeles, CA	561
4	Washington, DC	316
5	San Francisco, CA	217
6	Seattle, WA	216
7	Chicago, IL	116
8	Boston, MA	101
9	San Diego, CA	86
10	Philadelphia, PA	83

People are leaving Spencer for

Outbound		Net outflow
Metros		Dec '24 - Feb '25
1	Columbus, OH	586
2	Youngstown, OH	306
3	Sarasota, FL	107
4	Cape Coral, FL	103
5	Cincinnati, OH	68
6	Charleston, SC	57
7	Myrtle Beach, SC	48
8	Erie, PA	36
9	Miami, FL	33
10	Toledo, OH	29

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Spencer that sold recently

Recently sold homes

SOLD FEB 27, 2025
$187,000 Last Sold Price
3 beds
1 bath
1,298 sq ft
228 S Main St, Spencer, OH 44275
List Price
$185,000
Sale to List
1% over list
Days on Market
52 days
228 S Main St, Spencer, OH 44275
SOLD FEB 19, 2025
$450,000 Last Sold Price
5 beds
2.5 baths
2,520 sq ft
12299 Lovers Lane Rd, Spencer, OH 44275
List Price
$459,900
Sale to List
2% under list
Days on Market
110 days
12299 Lovers Lane Rd, Spencer, OH 44275
SOLD FEB 14, 2025
$425,000 Last Sold Price
3 beds
2.5 baths
1,815 sq ft
12828 Smith Rd, Wellington, OH 44090
List Price
$425,000
Sale to List
0% over list
Days on Market
25 days
12828 Smith Rd, Wellington, OH 44090
Local rules require you to be signed in to see more photos.
3D WALKTHROUGH
Sign in for price Last Sold Price
—beds
—baths
—sq ft
9785 Spencer Lake Rd, Spencer, OH 44275
List Price
—
Sale to List
—
Days on Market
—
9785 Spencer Lake Rd, Spencer, OH 44275
SOLD JAN 17, 2025
$209,000 Last Sold Price
3 beds
1.5 baths
1,180 sq ft
8916 Smith Rd, Litchfield, OH 44253
List Price
$209,000
Sale to List
0% over list
Days on Market
53 days
8916 Smith Rd, Litchfield, OH 44253
SOLD JAN 14, 2025
$260,000 Last Sold Price
3 beds
1 bath
1,400 sq ft
12069 Old Mill Rd, Spencer, OH 44275
List Price
$270,000
Sale to List
4% under list
Days on Market
67 days
12069 Old Mill Rd, Spencer, OH 44275
SOLD JAN 14, 2025
$525,000 Last Sold Price
2 beds
2 baths
2,659 sq ft
9420 Spencer Lake Rd, Spencer, OH 44275
List Price
$525,000
Sale to List
0% over list
Days on Market
35 days
9420 Spencer Lake Rd, Spencer, OH 44275
SOLD JAN 2, 2025
$635,000 Last Sold Price
—beds
—baths
—sq ft
9919/9909 Shaw Rd, Spencer, OH 44275
List Price
$650,000
Sale to List
2% under list
Days on Market
36 days
9919/9909 Shaw Rd, Spencer, OH 44275
See all recently sold homes in Spencer.
See listings

Schools in Spencer

Learn about schools in the Spencer area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

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.

Heat Factor - Moderate

99% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Spencer

New Listings in Spencer

Nearby City Housing Markets

Zip Code Housing Markets

44090 Housing Market

Nearby City Listings

Zip Code Listings

44090 Real Estate

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