Spencer Housing Information - Census

Median home price$88,200$126,500$184,700
Median rent asked$616$758$949
Avg. people per household2.12.52.6
Owner occupied households55.3%68.7%63.6%
Renter occupied households44.7%31.3%36.4%

Spencer Housing Information - Zillow

Zillow home value index$105,400$120,300$196,500
Year over year appreciation rate8.66%3.08%6.79%
5 year average appreciation rate4.42%2.12%5.28%
10 year average appreciation rate1.61%0.28%0.01%

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 19% lower than the national average.
  • The number of owner occupied households in Spencer is 13% lower than the national average.
  • The number of renter occupied households in Spencer is 23% 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, IN1,189$64,00065%
Stinesville, IN232$70,60062%
Paragon, IN693$73,80060%
Gosport, IN716$77,40058%
Ellettsville, IN6,501$120,90035%
Spencer, IN2,281$88,20052%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Postville, IA2,281$81,60056%
Parkside, PA2,281$135,10027%
Henagar, AL2,280$78,80057%
Mattawan, MI2,282$97,70047%
Shavertown, PA2,280$140,10024%
Spencer, IN2,281$88,20052%
Source: The Spencer, IN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.