“Great experience found and closed on the right home. Easy to do business with. Went out of her way to show homes.”
Century 21 Circle
- Agent Pronto
- Indiana
- Spencer
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Compare top Spencer real estate agents.
Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for August 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
May 1, 2026 - Jul 31, 2026
Median sale price
$198K
+13%
from
Q2 '26
Median list price
$235K
+8.2%
from
Q2 '26
Active listings
18
+20%
from
Q2 '26
Homes sold
4
-43%
from
Q2 '26
New pendings
9
+13%
from
Q2 '26
New listings
11
+22%
from
Q2 '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
20
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 (May 2026 - Jul 2026).
Spencer is currently tilted toward sellers, with the market gauge pointing to a seller’s market. Months of supply has climbed to 10.4 in the latest rolling three-month view, signaling plenty of inventory relative to recent sales. Homes are also taking longer to sell, with the median days on market stretching to 73.
Looking at pricing, the typical home value is about $198,400, up modestly year over year, while the median list price has risen more sharply, with a double-digit increase compared with a year ago. This gap between sale values and faster-rising list prices suggests sellers are testing higher price points, even as buyers take more time to commit. New listings have surged compared with last year, while the number of homes sold over the same rolling period has dropped significantly, underscoring slower buyer follow-through.
Buyer and seller behavior shows a mixed pace. Roughly one-quarter of recent sales closed above the asking price, and the average sale-to-list ratio is just over 95 percent, indicating that well-positioned homes can still command strong offers even in a slower environment. With these crosscurrents in pricing, supply, and time on market, both buyers and sellers in Spencer can benefit from an Agent Pronto-recommended real estate agent who understands the local data and how to navigate it effectively.
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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“Shelley is the absolute best realtor. Kind, caring and known every way.”
JB
Century 21 Classic Realty
“Caring realtor, very patient”
EXP Realty
“Zach was simply amazing through this entire process. He was clear and concise on what was needed from us. He sold our property so fast it was amazing!! I definitely would highly recommended him for all of your realtor needs. I would definitely use him again!!! Thanks again Zach you rock !!!”
eXp Realty
“Working with Rebekah as our agent to buy and later sell our house was a great experience! She made the entire process seamless, and did a wonderful job answering any of our questions. She is very knowledgeable and works hard for you at the negotiation table, and we have been very pleased to have her on our side for our realtor needs.”
Century 21 Scheetz
“Excellent Service.”
Century 21 Scheetz
“Kim was fantastic to work with and always very honest with us! She helped set us up for success as first time homeowners!”
Century 21 Bradley Realty Inc
“Michele Burkheimer was absolutely amazing in helping us find and purchase our dream home! From the very beginning, she listened to what we were looking for, understood what was important to us, and was always there when we needed her. Buying a home can be stressful, but Michele made the entire process feel smooth and manageable. Her knowledge, attention to detail, responsiveness, and genuine care for her clients really set her apart. She worked hard to make sure we understood every step and helped us navigate the process with confidence. We couldn’t be happier with our new home, and we are so thankful that Michele was the one by our side to help us make it happen. If you’re looking for a realtor who truly cares about her clients and goes above and beyond, we highly recommend Michele Burkheimer!”
Century 21 Circle
“We could not of asked for a better realtor. Every I was dotted and every T was crossed. From start to finish. If your selling or buying a home. This is your gal.”
Bennett Realty
“Jeff was a perfect agent for me and my wife, we explained to him our wants in buying a new home and he did everything he could to make it happen.. Best decision we made was to have him as our real estate agent...”
Century 21 Bradley
“Moving from one house to another can be stressful. But a state to state move raises the stress to an even higher level. Nichole's personality had a calming effect which was very reassuring and helpful. Even when a major course correction needed to be made mid stream, Nichole adjusted beautifully. I'm so happy to finally be in my home and Nichole was right there be my side every step of the the way!”
Century 21 Scheetz
“Kristen is even helpful!”
Century 21 Scheetz
“What we appreciated most about Sarah was her honesty. She never sugarcoated the process or told us only what we wanted to hear. Instead, she came prepared, did her research, offered thoughtful guidance, and helped us set realistic expectations from the start. At the same time, Sarah was reassuring, confident, and encouraging throughout the selling process. Listing a longtime home can feel intimidating, but she made us feel comfortable and supported every step of the way. She communicated proactively, answered our calls, responded to our texts, and never overwhelmed us. If you are looking for a straight shooter who combines honest guidance with excellent communication, Sarah is the right person to work with.”
Century 21 Scheetz
“Barketa is fantastic! She walked with us and pointed out things that maybe an issue. She was great at figuring out what met our needs. Barketa is straightforward and honest. We felt super comfortable when working with her. Barketa is a wonderful agent and if we have anything like this again, I would 100% work with her again. I would recommend her to anyone looking in the area”
Century 21 Affiliated
“We sold my mom's lake house on Corey Lake a lot faster than what I expected. Dennis Bamber and his team, were excellent to help get everything we needed for a speedy closing. We couldn't be happier!”
Cressy & Everett Real Estate
“I had a wonderful experience. Tyler was always sensitive to our needs and listened to what was important. I have used other realtors, he was by far the best! Great negotiation skills and had our best interest getting deal done.”
Century 21 Bradley Realty, Inc.
“10/10 always!! Thank you Robert!”
Century 21 Scheetz
“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
“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
“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
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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