“Zachary Robbins has been a pleasure to work with. He was very accommodating and flexible as he helped us through the process of finding a new home that was most ideal for our needs.”
eXp Realty
- Agent Pronto
- Indiana
- Spencer
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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Spencer real estate Market Report.
Information and statistics on the latest trends in the Spencer real estate market. *
Latest Rolling 3-Month Snapshot
Apr 1, 2026 - Jun 30, 2026
Median sale price
$175K
-7.9%
from
Q1 '26
Median list price
$220K
-2.1%
from
Q1 '26
Active listings
15
+7.1%
from
Q1 '26
Homes sold
7
+600%
from
Q1 '26
New pendings
8
+33%
from
Q1 '26
New listings
9
No change
from
Q1 '26
Quarterly Pricing Trends for Spencer
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Spencer
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Spencer
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Spencer
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Spencer
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
Quarterly Inventory and Sales Activity for Spencer
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
19
Seller’s Market
Seller’s Market
Buyer’s Market
0
20
40
60
80
100
0
25
50
75
100
Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).
Spencer currently leans toward sellers, with the market gauge indicating a seller’s market. Months of supply sits around 5, suggesting more balance than a year ago but still tilting toward seller-friendly conditions. A typical home value over the last three months is about $175,000, keeping prices relatively accessible.
Looking at this rolling three-month view, pricing has eased compared with last year while asking prices have pushed higher. The typical home value is down more than 10 percent year over year, even as the median list price has climbed by about 10 percent, signaling growing gaps between what sellers hope for and what buyers pay. Homes are also taking longer to sell, with median days on market up sharply from a year ago to about a month and a half, reflecting more patience required on both sides of the table.
Inventory has tightened compared with last year, with active listings down nearly 30 percent, yet supply is still higher than some past low points. Sales volume over the period dipped more than 20 percent year over year, and no recent sales closed above list price, while the average sale-to-list ratio sits near 95 percent. Even with these mixed signals for Spencer, buyers and sellers can both benefit from an Agent Pronto-recommended agent who understands how to price, negotiate, and time their moves in this shifting market.
Learn more about what Spencer has to offer.
Spencer offers residents a close-knit community with affordable living and easy access to outdoor recreation, local amenities, and a welcoming hometown vibe.
Spencer immediately feels different from nearby college towns like Bloomington, with a pace that is quieter yet rich in local tradition. Centered around the historic courthouse square and mom and pop storefronts, the city offers a grounded lifestyle that appeals to long-time residents and newcomers looking for more space and community connection.
Outdoor access is a major part of daily life here. Residents enjoy local events at the Owen County Fairgrounds and easy escapes to the trails and shoreline at McCormick’s Creek State Park. Families appreciate resources such as Spencer-Owen Community Schools and programs at the Owen County Public Library, while the Spencer Downtown Event Center and nearby Cooper Commons Park support a steady calendar of community gatherings.
Spencer attracts buyers who want a small-town feel within reach of Monroe County and Greene County, as well as current residents looking to trade up, downsize, or move closer to the square. With inventory, pricing, and demand shifting between Spencer and neighboring areas like Bloomington, preparation matters. Whether you are planning to buy your first home or list a property that has been in the family for years, connecting with the right local real estate agent through Agent Pronto can help you time the market and move forward confidently.
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“We have worked with Stockton both buying and selling in Bloomington. I wouldn't hesitate to recommend him to anybody that is looking in the area. He's fantastic to work with.”
Century 21 Scheetz
“Erica was amazing to work with!”
Bennett Realty
“Jeff helped us through the entire process and answered any questions we had. He also recommended a different lender and payment plan that would save us money and an opportunity to use our resources at a later date which is as very helpful. He very quickly knew what we were going for and when showing houses, was very honest about it seeming like it's going to be a good fit or not.”
Century 21 Bradley
“This entire process was stress-free and joyful. That was largely, if not completely, due to Lisa being so amazing and so accessible every step of the way. She was incredibly knowledgeable, she gave us valued opinions on homes, and she just made it so fun to go through the whole process. It truly took all the stress out of finding a home and going through the entire process of buying a home.”
Century 21 Scheetz
“We couldn't have asked for a better realtor. From listing our home to finding our next one, Rebekah Sims was with us every step of the way. Her communication was exceptional—we always knew what was happening and what to expect next. She marketed our home beautifully, was incredibly kind and easy to work with, and worked tirelessly on our behalf. Her dedication and professionalism gave us confidence throughout the entire process. We are so grateful for everything she did and would recommend her without hesitation.”
Century 21 Scheetz
“Dennis and Michelle were very receptive and available for after hours conference calls and texts.”
Cressy & Everett Real Estate
“Sarah was great to work with throughout the entire process of buying our home. She cared about helping us find the right home and her knowledge of the Broad Ripple market was amazing. She knew what to look out for and pointed out things we would’ve never noticed, and she also made sure we were thorough with the inspection process. We always felt like she was looking out for us! Sarah was also always willing to answer our many questions. Buying a home can definitely be overwhelming, especially as first time home owners, but she made the whole process feel so much less stressful. Beth also really helped us throughout the process of being under contract/closing and made sure we met all of our deadlines, she was fantastic! We absolutely adore our new home and are so thankful for everything Sarah did to help us get here. We couldn't recommend her more highly to anyone looking for a realtor!”
Century 21 Scheetz
“I would highly recommend Tyler Dohner to any friends and family . He's very dedicated to his job, trustworthy and real personable to work with. Thank you !”
Century 21 Bradley Realty, Inc.
“We've now worked with Rachel multiple times—she helped us sell a home in the past and recently purchase an investment property—and I truly can't recommend her enough. Rachel is incredibly responsive, works fast, and consistently goes above and beyond for her clients. Real estate transactions can be stressful, but she makes the entire process feel seamless by staying on top of every detail and keeping communication clear every step of the way. What I appreciate most is that she genuinely cares. She advocates for her clients, is proactive instead of reactive, and always makes you feel like you're her top priority. Whether you're buying your first home, selling, or investing in real estate, Rachel is the kind of realtor you want in your corner. We will absolutely continue using her for future transactions.”
Howard Hanna Real Estate Services F.C. Tucker Company
“Michele was wonderful to work with. She is attentive, kind, patient, and knowledgeable. She not only got us into a home we absolutely love by making hard negotiations along the way, but also sold our old home in less than 2 days. We would ask her to be our agent over and over again.”
Century 21 Circle
“Finding a home/property can be a stressful journey, but having Debra Hull by our side was a game-changer. What truly stood out was how much Debra cared about our family's well-being and finding us the right property. Debra always took the time to listen to our needs (even when we were just having sidebar conversation), addressed every concern with patience, incredibly attentive to the little details we wanted in a home/property and responded to our texts and calls almost instantly, no matter the time. We never felt pressured; instead, she treated us with such care and compassion that it felt like we were working with a trusted friend. If you want a realtor who goes above and beyond, look no further!”
Brokerworks Real Estate Group
“More than happy to have worked with Dan. He's knowledgeable, and makes sure to listen to what you are looking for to ensure that you are satisfied with the property/price.”
Century 21 Scheetz
“Barketa is an excellent realtor! She is knowledgeable regarding the marketing and pricing of homes in our area, is trustworthy and willing to work with us while listening to our needs, and is a lot of fun to be around. Barketa navigated us through negotiations well and always explained each choice including pros and possible cons. We would definitely recommend Barketa to family and friends and really enjoyed going through this process with her! Thank you Barketa!!🩷 You ROCK!!”
Century 21 Circle
“None better!!! This was a long distance move so all transactions were between Patty and myself in Alaska. Without having to step foot in any of the properties, she helped my family members go through the homes under consideration and it was completly flawless on her part. Should I need another realtor she will be the one I trust and call. Thank you again Patty”
Century 21 Circle
“Shelley knows her stuff and is so helpful at explaining every step of the process. She gave sound advice and worked to get us internet at the house when there was a hiccup with the internet company. She called and got us set up with a temporary solution and petitioned for them to come earlier than they initially said. Additionally, she and Jim are just very kind people and a joy to work with. We can't recommend them enough.”
JB
Century 21 Classic Realty
“Robert's expertise and real estate experience was valuable during the process of selling the home. He efficient, yet purposeful communication was greatly appreciated!”
Century 21 Scheetz
“I was really happy with Brandi Oaks, for being in a situation of losing my mom in February and I was selling her house since it was left to me I was told about Brandi met with her went over everything very efficient. Very nice person to work with and she knew what she was doing. She helped me in many ways I felt so comfortable around her working with her getting things done how to do it and that was very helpful because I didn't know nothing about selling a house. I bought one but never sold one all in all Brandi can sell a house of mine anytime but I live out of state, but I definitely would recommend her to anybody. Want to sell a house because Brandi is really good. I was very very pleased. Thank you!!!”
CENTURY 21
“There is not enough space to give Amy the credit she deserves. When we bought our first home, we had minimal communication with our prior realtor and so many questions and unknowns when starting the buying process again. Amy answered every call, text and random question with full transparency. When going to different houses, Amy never pressured to buy and would point out possible things to consider. Having her support and guidance throughout this buying/selling process was amazing and we are so grateful!”
Century 21 Elite
“Nicole was a great help in purchasing our new home. She worked with us closely, was always available for showings, was a part of our house inspection and final walkthrough to ensure everything was covered. She gave us great advice and we got a great place to live. I will definitely call on Nicole for our next sale or purchase!”
Century 21 Scheetz
Frequently Asked Questions
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There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Spencer. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Spencer Realtor® or real estate agent today.
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