Spencer Housing Information - Census

IndexSpencerIndianaNational
Median home price$83,700$122,700$175,700
Median rent asked$595$741$920
Avg. people per household2.12.52.6
Owner occupied households54.8%69.5%64.4%
Renter occupied households45.2%30.5%35.6%

Spencer Housing Information - Zillow

IndexSpencerIndianaNational
Zillow home value index$95,400$116,700$188,100
Year over year appreciation rate5.88%-0.51%5.14%
5 year average appreciation rate2.26%1.34%4.12%
10 year average appreciation rate0.26%0.01%-0.33%

Did you know?

  • The median home price in Spencer is 52% lower than the national average.
  • The median rent asked in Spencer is 35% lower than the national average.
  • The average number of people per household in Spencer is 18% lower than the national average.
  • The number of owner occupied households in Spencer is 15% lower than the national average.
  • The number of renter occupied households in Spencer is 27% higher than the national average.

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Compare Spencer, IN Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Worthington, IN1,383$66,80062%
Stinesville, IN149$67,50062%
Paragon, IN683$74,70057%
Gosport, IN848$87,00050%
Ellettsville, IN6,352$121,50031%
Spencer, IN2,453$83,70052%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Leisure Knoll, NJ2,453$158,30010%
Bucksport, ME2,453$97,80044%
Wells, MN2,451$74,90057%
Hickman, KY2,455$42,30076%
Raven, VA2,451$84,00052%
Spencer, IN2,453$83,70052%
Source: The Spencer, IN housing data displayed above is derived from the United States Census Bureau and Zillow data.