Spencer, IN Real Estate Market Summary – September 7, 2026

In Spencer, IN, the overall market has seen 13 homes sold in the last 30 days. The average days on market was approximately 18 days, with properties being listed at a pace of 1 every 2 days.

Metric 30 Days
Number Sold 13
Sold Per Day 1 every 2.31 days
Average SQFT 1944
Median Sales Price $295,000
Average Sales Price $293,523
Average Price Per SQFT $149
Average Days on Market 18
Average Year Built 1998

 

Spencer, IN Single Family Home Analysis

The single-family home segment had 13 homes sold, featuring an average living area of about 1,944 square feet and a median sale price of $295,000. These homes had an average days on market of around 18 days.

Metric 30 Days
Number Sold 13
Sold Per Day 1 every 2.31 days
Average SQFT 1944
Median Sales Price $295,000
Average Sales Price $293,523
Average Price Per SQFT $149
Average Days on Market 18
Average Year Built 1998

 

Spencer, IN Condo & Townhome Analysis

There is no market data available for that home type at this time.

 

Buyer & Seller Analysis

  • 1 home listed every 2 days.
  • Average of 18 days on market before homes are taken off the market.
  • Median sale price for homes is $295,000.
  • No sales data available for condos or townhomes.

Conclusion

Overall, the real estate activity in Spencer indicates a steady pace. With no condo or townhome transactions reported, the focus remains on the single-family home segment.

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