We analyze thousands of real estate agents in Spencer and nationwide to find you proven local professionals, for free.
Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for September 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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Information and statistics on the latest trends in the Spencer real estate market. *
May 1, 2026 - Jul 31, 2026
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month data ending on quarter boundaries when available.
Rolling three-month supply and activity totals for the selected period.
Rolling three-month supply and activity totals for the selected period.
Rolling three-month supply and activity totals for the selected period.
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.
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.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“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.”
“I've known Rachel since high school, and follow her on social media. I watched her consistently show how much she cares about the people she works with to find them a home that meets their needs. And she did the same for us! She was very educational through the whole process, which was so important to us because it was our first home purchase. I would highly recommend her to anyone looking to buy or sell. Know you'll be in good hands.”
“Shelley is excellent and will represent you well! Highly recommend!”
“We couldn't have been happier! Excellent work!”
“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.”
“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!!!”
“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!”
“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!”
“Amy was super helpful in every part of selling our old home and then buying a new one. I would recommend everyone to go to Amy for any help selling or buying!”
“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!”
“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 !!”
“Caring realtor, very patient”
“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.”
“Excellent Service.”
“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!”
“Kim was fantastic to work with and always very honest with us! She helped set us up for success as first time homeowners!”
“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!”
“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...”
“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!”
“Kristen is even helpful!”
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.
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.
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.
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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