Spencerville, OH Housing Market

Homes for sale

The Spencerville housing market is very competitive. The median sale price of a home in Spencerville was $137K last month, up 88.3% since last year. The median sale price per square foot in Spencerville is $106, down 1.4% since last year.

Trends
Demand
Migration
Schools
Climate

Spencerville Housing Market Trends

What is the housing market like in Spencerville today?

In May 2025, Spencerville home prices were up 88.3% compared to last year, selling for a median price of $137K.

$125K

Sale Price

-20.0%
since last year

$106

Sale $/Sq. Ft.

-1.4%
since last year

Under List Price

2.6%

Days on Market

Down Payment

—

Total Homes Sold

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

How hot is the Spencerville housing market?

Spencerville is very competitive. Homes sell in 32 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% below list price and go pending in around 32 days.
Hot homes
can sell for about 3% above list price and go pending in around 11 days.

Compare With Nearby Cities

Lima

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 46 days.
Hot homes
can sell for about 2% above list price and go pending in around 11 days.

Celina

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

Spencerville Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Spencerville that sold recently

Recently sold homes

SOLD JUN 20, 2025
$570,000 Last Sold Price
4 beds
2.5 baths
2,788 sq ft
3040 S Conant Rd, Spencerville, OH 45887
List Price
$595,000
Sale to List
4% under list
Days on Market
94 days
3040 S Conant Rd, Spencerville, OH 45887
SOLD JUN 11, 2025
$320,000 Last Sold Price
3 beds
2 baths
1,856 sq ft
746 Eastgate Dr, Spencerville, OH 45887
List Price
$295,000
Sale to List
8% over list
Days on Market
47 days
746 Eastgate Dr, Spencerville, OH 45887
SOLD JUN 9, 2025
$125,000 Last Sold Price
3 beds
2 baths
1,172 sq ft
500 S Main St, Spencerville, OH 45887
List Price
$145,000
Sale to List
14% under list
Days on Market
35 days
500 S Main St, Spencerville, OH 45887
SOLD JUN 5, 2025
$40,000 Last Sold Price
2 beds
1 bath
1,165 sq ft
404 S Canal St, Spencerville, OH 45887
List Price
$46,900
Sale to List
15% under list
Days on Market
17 days
404 S Canal St, Spencerville, OH 45887
SOLD MAY 23, 2025
$175,000 Last Sold Price
2 beds
1 bath
1,050 sq ft
8785 Deep Cut Rd, Mendon, OH 45862
List Price
$175,000
Sale to List
0% over list
Days on Market
34 days
8785 Deep Cut Rd, Mendon, OH 45862
SOLD MAY 23, 2025
$118,000 Last Sold Price
3 beds
1 bath
1,776 sq ft
415 S Pearl St, Spencerville, OH 45887
List Price
$115,000
Sale to List
3% over list
Days on Market
53 days
415 S Pearl St, Spencerville, OH 45887
SOLD MAY 23, 2025
$175,000 Last Sold Price
2 beds
1 bath
1,050 sq ft
8785 Deep Cut Rd, Spencerville, OH 45887
List Price
$175,000
Sale to List
0% over list
Days on Market
34 days
8785 Deep Cut Rd, Spencerville, OH 45887
SOLD MAY 21, 2025
$42,000 Last Sold Price
2 beds
1 bath
793 sq ft
615 E 2nd St, Spencerville, OH 45887
List Price
$49,900
Sale to List
16% under list
Days on Market
62 days
615 E 2nd St, Spencerville, OH 45887
See all recently sold homes in Spencerville.
See listings

Schools in Spencerville

Learn about schools in the Spencerville area

Elementary
Middle
High

GreatSchools Rating

8/10 Spencerville Elementary School Public • K-4	344 Students	1 reviews
6/10 Spencerville Middle School Public • 5-8	304 Students	N/A

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 Spencerville housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Spencerville.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Spencerville

New Listings in Spencerville

Nearby City Housing Markets

Zip Code Housing Markets

45887 Housing Market

Nearby City Listings

Zip Code Listings

45887 Real Estate

Rentals

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Countries

United States

Canada

Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York. For additional information on Rocket Mortgage or to receive lending services in the State of New York, please visit RocketMortgage.com.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.