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Spencer, IN real estate

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 October 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

Jun 1, 2026 - Aug 31, 2026

Median sale price
$205K
+17% from Q2 '26
Median list price
$260K
+20% from Q2 '26
Active listings
20
+33% from Q2 '26
Homes sold
6
-14% from Q2 '26
New pendings
7
-13% from Q2 '26
New listings
9
No change from Q2 '26

Quarterly Pricing Trends for Spencer

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Spencer Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $130K Median sale price in Oct 2021 - Dec 2021: $225K Median sale price in Jan 2022 - Mar 2022: $157K Median sale price in Apr 2022 - Jun 2022: $150K Median sale price in Jul 2022 - Sep 2022: $145K Median sale price in Oct 2022 - Dec 2022: $200K Median sale price in Jan 2023 - Mar 2023: $254K Median sale price in Apr 2023 - Jun 2023: $250K Median sale price in Jul 2023 - Sep 2023: $193K Median sale price in Oct 2023 - Dec 2023: $170K Median sale price in Jan 2024 - Mar 2024: $275K Median sale price in Apr 2024 - Jun 2024: $222K Median sale price in Jul 2024 - Sep 2024: $165K Median sale price in Oct 2024 - Dec 2024: $213K Median sale price in Jan 2025 - Mar 2025: $218K Median sale price in Apr 2025 - Jun 2025: $196K Median sale price in Jul 2025 - Sep 2025: $190K Median sale price in Oct 2025 - Dec 2025: $185K Median sale price in Jan 2026 - Mar 2026: $190K Median sale price in Apr 2026 - Jun 2026: $175K Median list price in Jul 2021 - Sep 2021: $182K Median list price in Oct 2021 - Dec 2021: $180K Median list price in Jan 2022 - Mar 2022: $180K Median list price in Apr 2022 - Jun 2022: $225K Median list price in Jul 2022 - Sep 2022: $210K Median list price in Oct 2022 - Dec 2022: $190K Median list price in Jan 2023 - Mar 2023: $250K Median list price in Apr 2023 - Jun 2023: $212K Median list price in Jul 2023 - Sep 2023: $181K Median list price in Oct 2023 - Dec 2023: $270K Median list price in Jan 2024 - Mar 2024: $165K Median list price in Apr 2024 - Jun 2024: $175K Median list price in Jul 2024 - Sep 2024: $215K Median list price in Oct 2024 - Dec 2024: $257K Median list price in Jan 2025 - Mar 2025: $268K Median list price in Apr 2025 - Jun 2025: $200K Median list price in Jul 2025 - Sep 2025: $220K Median list price in Oct 2025 - Dec 2025: $190K Median list price in Jan 2026 - Mar 2026: $225K Median list price in Apr 2026 - Jun 2026: $217K Jul 2021 - Sep 2021 Median sale price $130K Median list price $182K Oct 2021 - Dec 2021 Median sale price $225K Median list price $180K Jan 2022 - Mar 2022 Median sale price $157K Median list price $180K Apr 2022 - Jun 2022 Median sale price $150K Median list price $225K Jul 2022 - Sep 2022 Median sale price $145K Median list price $210K Oct 2022 - Dec 2022 Median sale price $200K Median list price $190K Jan 2023 - Mar 2023 Median sale price $254K Median list price $250K Apr 2023 - Jun 2023 Median sale price $250K Median list price $212K Jul 2023 - Sep 2023 Median sale price $193K Median list price $181K Oct 2023 - Dec 2023 Median sale price $170K Median list price $270K Jan 2024 - Mar 2024 Median sale price $275K Median list price $165K Apr 2024 - Jun 2024 Median sale price $222K Median list price $175K Jul 2024 - Sep 2024 Median sale price $165K Median list price $215K Oct 2024 - Dec 2024 Median sale price $213K Median list price $257K Jan 2025 - Mar 2025 Median sale price $218K Median list price $268K Apr 2025 - Jun 2025 Median sale price $196K Median list price $200K Jul 2025 - Sep 2025 Median sale price $190K Median list price $220K Oct 2025 - Dec 2025 Median sale price $185K Median list price $190K Jan 2026 - Mar 2026 Median sale price $190K Median list price $225K Apr 2026 - Jun 2026 Median sale price $175K Median list price $217K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
29
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jun 2026 - Aug 2026).

Spencer currently leans toward sellers, with the market gauge showing a seller’s market despite plenty of inventory on hand. Months of supply has climbed to 7.5 in this rolling three-month view, up sharply from a year ago, signaling buyers have more options than before. At the same time, an average sale-to-list ratio of about 97 percent indicates sellers are still achieving prices close to their asking figures.

Home values and asking prices have both pushed higher over the past year. The typical home value is up more than 12 percent year over year, and the median list price has risen at a similar pace. New listings have increased by roughly half compared with a year ago, yet the number of homes sold over the same rolling period is down more than 20 percent, pointing to slower turnover.

Homes are taking longer to find buyers, with median days on market at 66, modestly higher than a year ago and well above some earlier periods. Only about 17 percent of sales are closing above list price, and roughly 28 percent of homes still go off the market within two weeks, showing a mix of slower and faster-moving properties. With conditions shifting in different directions for pricing, inventory, and speed, both buyers and sellers in Spencer can benefit from Agent Pronto’s help connecting with an experienced local agent who understands this nuanced 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.

Find your Spencer real estate agent today →


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“Jeff went above and beyond to help us find a home. Very grateful for his knowledge and help.”

Brandon and Alison Hess · Fort Wayne, IN

Photo of Jeffery Holtsclaw
Century 21 Bradley
“We couldn’t be more grateful to have had Brandi by our side for the purchase of our third home! I’ve known her since I was a child, so having someone I’ve trusted for so many years help us through such an important milestone made this experience even more special. She was patient, knowledgeable, responsive, and genuinely invested in helping us find the right home for our growing family. She listened to what we wanted, answered every question, talked us through every concern, and made us feel supported and confident throughout the entire process. She truly cared about our family and wanted us to find a place where we could make lasting memories. We cannot recommend her enough!! Thank you so much, AGAIN, Brandi!!”

Bren Noe · Greenwood, IN

Photo of Brandi Oakes
CENTURY 21
“Robert VanHook has been involved in three of our real estate transactons over the years. He is very knowledgeable and experienced. He has a handle on all the tools needed to get our home on the market and secure the best offers. His advise on what we could expect, as far as pricing and timing, were spot on. He was also a valuable source for repairmen. We have been very pleased with the outcomes of all three transactions and we highly recommend him.”

Steve and Linda · Coatesville, IN

Photo of Robert VanHook
Century 21 Scheetz
“I love to work with you on getting my new house!”

Pedro Aguilar Guerrero · Elkhart, IN

Photo of Dennis Bamber
Cressy & Everett Real Estate
“Her knowledge,smile and personality are unmatched! She is truly great at what she does! I would recommend her to anyone”

Doug Bowden · Terre Haute, IN

Photo of Alyssa Swiger
Century 21 Elite
“This was our second time working with Nicole and I would use her again. She is very knowledgeable of the area and very well connected. She responds quickly to our calls and spends the time needed to make sure everything goes well. Nicole is one of the very best realtors in the zionsville area, if not the best. I will be recommending her to all my family and friends.”

Echo Wright · Zionsville, IN

Photo of Nicole Quinn
Century 21 Scheetz
“I had the pleasure of working with Amy Gordon from Century 21 Elite during the purchase of my new home, and I honestly could not have asked for a better Realtor. From the very beginning, Amy was professional, responsive, patient, and genuinely committed to helping me find the right home—not simply getting a deal closed. My purchase had plenty of moving parts, including negotiations, inspections, repair concerns, amendments to the purchase agreement, and more than a few stressful moments along the way. Amy stayed on top of everything and helped keep the process moving forward. What I appreciated most was that I always felt like Amy was looking out for my interests. She was willing to answer questions, explain what was happening, communicate with the sellers and other parties involved, and help me work through each decision without ever making me feel pressured. I would absolutely recommend Amy Gordon to anyone looking to buy or sell a home. Thank you, Amy, for everything you did for me.”

Martin Johnson · Terre Haute, IN

Photo of Amy Gordon
Century 21 Elite
“Rachel is professional, responsive, and knowledgeable about the industry. It's evident she cares about her clients by the way she prepares and works with them through the entire process. We recommend her to everyone we know!”

Levi McNeely · Greenwood, IN

Photo of The Patterson Collective
Howard Hanna Real Estate Services F.C. Tucker Company
“This is the second property that we've sold with Rebekah in the previous year. As with our first experience, we truly have no notes for what Rebekah could have done better. In both instances she provided an action plan for items that were and weren't worth addressing prior to listing and in both cases her initial estimate is exactly what the property sold for, with little to no friction throughout the process. You won't find a better realtor and we will continue to work with her for all future endeavors.”

Matt Weitkamp · Bloomington, IN

Photo of Rebekah Sims
Century 21 Scheetz
“Erica Dickey was amazing to work with. she is extremely patient, knowledgable, and professional. she truly cared about what was important to me when it came to selling and buying my home. she made this entire process feel much less stressful and was there every time i needed anything. i would highly recommend Erica to anyone who is looking to buy or sell a home.”

Toni Compton · Indianapolis, IN

Photo of Erica Dickey
Bennett Realty
“Shelley is excellent and will represent you well! Highly recommend!”

BEA · Washington, IN

JB
Century 21 Classic Realty
“Although our deal was super unconventional, I truly believe Nick did all that he could do for us during the entire process. I really appreciated his calmness when I wasn't so calm. It was nice to see someone understanding of our situation and pushing things forward when needed.”

Cantwell · Indianapolis, IN

Photo of Nick Walters
Century 21 Scheetz
“I drove Deborah crazy doing this sale and she hung in there like a trooper she sold my house within 5 days she done an excellent job, thank you for everything!!!”

Theron Holloway · Gary, IN

Photo of Debra Hull
Brokerworks Real Estate Group
“We just closed on a house with Century 21's Dan Mervar as our agent. Dan was knowledgeable and patient throughout the process. We would 100% recommend Dan! Thank you!”

Tasha · Fortville, IN

Photo of Daniel Mervar
Century 21 Scheetz
“Patty, was professional, easy to work with and extremely knowledged in my area. We had several fall-throughs that were no fault of Patty's or mine but she got it done. I highly recommend Patty!”

Debbie Wright · Elkhart, IN

Photo of Patty Miller
Century 21 Circle
“Tyler was such a delight to work with. He absolutely listened to all of my concerns and needs when looking for a home. Tyler was easy to communicate with and always available for answering my questions. His professionalism outshines any other agent I have ever known. Tyler always kept me up-to-date with any and all progression during my home buying experience. I couldn't have asked for anyone better because I don't think someone out there exists. Thank you Tyler!”

Janet Bailey-Hosler · New Haven, IN

Photo of Lion Heart Realty
Century 21 Bradley Realty, Inc.
“Zach was very informative and knowledgeable! I've never sold a property of any kind so being new to the process he definately made sure I understood what I needed to do! We listed and closed in less than 30 days!! Thanks Zach great job !!”

Marcie Holloway · Mauckport, IN

Photo of Zachary Robbins
eXp Realty
“Caring realtor, very patient”

Ray Allred · Roselawn, IN

Photo of Tracy Wondaal
EXP Realty
“Excellent Service.”

Erik Spersrud · Westfield, IN

Photo of Lisa McCoy
Century 21 Scheetz
“Dawn was courteous professional honest and trusting. She was highly recommended and rightfully so. Dawn was very timely in her responses. Took time to follow up on items I was responsible for. All these attributes culminated in a quick sale. Thank you Dawn!”

Carl · Jones, MI

Photo of Dawn Brown
Century 21 Affiliated

Frequently Asked Questions

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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