A+
47%
Med. Home Val. NAT. AVG.
29%
Rent NAT. AVG.
11%
Owner Occ. NAT. AVG.
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Spencer Housing Information

IndexSpencerIndianaNational
Median home price$98,400$126,500$184,700
Median rent asked$671$758$949
Avg. people per household1.92.52.6
Owner occupied households56.8%68.7%63.6%
Renter occupied households43.2%31.3%36.4%
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Housing Quick Facts

  • The median home price in Spencer is 47% lower than the national average.
  • The median rent asked in Spencer is 29% lower than the national average.
  • The average number of people per household in Spencer is 26% lower than the national average.
  • The number of owner occupied households in Spencer is 11% lower than the national average.
  • The number of renter occupied households in Spencer is 19% higher than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Paragon, IN467$69,70062%
      Worthington, IN1,539$70,20062%
      Gosport, IN1,052$81,80056%
      Stinesville, IN323$89,30052%
      Ellettsville, IN6,650$153,60017%
      Spencer, IN2,224$98,40047%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Sumner, IA2,224$87,50053%
      Granby, MO2,224$66,80064%
      Ely, IA2,224$229,80024%
      Wesson, MS2,224$135,90026%
      Easton, CA2,224$233,10026%
      Spencer, IN2,224$98,40047%
      Source: The Spencer, IN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).