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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 June 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

Mar 1, 2026 - May 31, 2026

Median sale price
$200K
+5.2% from Q1 '26
Median list price
$218K
-3.1% from Q1 '26
Active listings
17
+21% from Q1 '26
Homes sold
6
+500% from Q1 '26
New pendings
9
+50% from Q1 '26
New listings
12
+33% from Q1 '26

Quarterly Pricing Trends for Spencer

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

Quarterly Pricing Trends for Spencer Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $170K Median sale price in Jul 2021 - Sep 2021: $130K Median sale price in Oct 2021 - Dec 2021: $238K 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 list price in Apr 2021 - Jun 2021: $178K Median list price in Jul 2021 - Sep 2021: $182K Median list price in Oct 2021 - Dec 2021: $182K Median list price in Jan 2022 - Mar 2022: $180K Median list price in Apr 2022 - Jun 2022: $279K 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 Apr 2021 - Jun 2021 Median sale price $170K Median list price $178K Jul 2021 - Sep 2021 Median sale price $130K Median list price $182K Oct 2021 - Dec 2021 Median sale price $238K Median list price $182K Jan 2022 - Mar 2022 Median sale price $157K Median list price $180K Apr 2022 - Jun 2022 Median sale price $150K Median list price $279K 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
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
19
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 (Mar 2026 - May 2026).

Spencer is currently tilted toward sellers, with the market gauge indicating a seller’s market. There are only 17 active listings and about 5.8 months of supply in this rolling three-month view. Homes are taking a median of 38 days to go under contract, showing buyers have some time but not unlimited options.

Price trends look relatively steady, with the typical home value around $199,880 in the latest rolling three-month period. Compared with a year ago, the typical home value is essentially flat, while the median list price has climbed about 9 percent, suggesting sellers are testing higher asking prices even as closed values hold steady.

Sales activity offers a mixed signal for pace and demand. Homes sold are down nearly a third year over year and pending sales have dipped about 9 percent, yet new listings are slightly higher than last year and inventory is down more than 30 percent, pointing to fewer choices overall. Homes are sitting much longer than a year ago, with median days on market up sharply year over year and months of supply more than doubling, which can give buyers more negotiating room. At the same time, the average sale-to-list ratio near 96 percent shows sellers are still achieving close to their asking prices. Whether you are a buyer trying to read these crosscurrents or a seller aiming to price correctly, Agent Pronto can connect you with a Spencer agent who understands the latest data.



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 →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“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.”

Sasha H · Greenwood, IN

Photo of The Patterson Collective
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.”

Adam and Ashley Lewiecki · Granger, IN

Photo of Michele Burkheimer
Century 21 Circle
“Laura was amazing and wonderful to work with! She truly kept the communication open and clear, explaining every step of the process. We recommend to anyone who is looking to buy or sell!”

Erin Fernandez · Ellettsville, IN

Photo of Laura Beatty
CENTURY 21 Scheetz
“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!”

Marcella Lindo · Gary, IN

Photo of Debra Hull
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.”

Jlyn Smith · Indianapolis, IN

Photo of Daniel Mervar
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!!”

Barbara Hayward · Elkhart, IN

Photo of Barketa Kerns
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”

Bill Mathis · Elkhart, IN

Photo of Patty Miller
Century 21 Circle
“Zach was very professional and patient! He not only helped me with finding a home he was very helpful in dealing with my mortgage company.”

Sharon Dillon · Jeffersonville, IN

Photo of Zachary Robbins
eXp Realty
“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.”

Lauren Kasinger · Washington, IN

JB
Century 21 Classic Realty
“Lisa is so kind and considerate. She is someone we always felt was on our side and cared about helping us find the right house. She is thourough and honest and has so many connections to other helpful people from inspectors to mortgage lenders. She has real opinions but also keeps things positive, which is so helpful when so many things are needed to be considered when buying a house. Lisa has helped us sell a house and now buy a house and I would strongly recommend her to everyone.”

Angela Dolinsky · Cicero, IN

Photo of Lisa McCoy
Century 21 Scheetz
“Awesome I thank god for him Tyler you were Superman thanks for sell and buy”

Ronald Gatchel · North Manchester, IN

Photo of Lion Heart Realty
Century 21 Bradley Realty, Inc.
“Robert's expertise and real estate experience was valuable during the process of selling the home. He efficient, yet purposeful communication was greatly appreciated!”

Pat · Bloomington, IN

Photo of Robert VanHook
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!!!”

Kathy Warden · Indianapolis, IN

Photo of Brandi Oakes
CENTURY 21
“Stockton was referred to me by Chat GPT. He was quick to respond when I reached out to him and always available to talk throughout the sales process. He found a buyer within two weeks and we closed soon after that. I am very satisfied with the service he provided and would recommend him to anybody who needs to sell their house.”

Harry Ford · Bloomington, IN

Photo of Stockton Miller
Century 21 Scheetz
“This was not the first time we’ve worked with Sarah, and that’s because she has consistently gone above and beyond for our family. After helping us multiple times over the years, there was never any question about who we would trust to help us sell our home and purchase our new one.”

Danielle Camacho · New Castle, IN

Photo of Sarah Flynn
Century 21 Scheetz
“I worked with his team member Michelle Owens for the second time. I highly recommend her, she is knowledgeable, friendly and professional!”

Joy Shreve · St Joseph, MI

Photo of Dennis Bamber
Cressy & Everett Real Estate
“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!”

Adam and Morgan Wallace · Terre Haute, IN

Photo of Amy Gordon
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!”

Lisa Fallen · Indianapolis, IN

Photo of Nicole Quinn
Century 21 Scheetz
“Thank you Tracy for helping. Tracy actually made sure to teach how the market works and kept at every single step of this process. She was detailed and organized throughout the whole time and answered all the questions that came along. If you want a stress-free experience, go with her!!!!”

Juan · Hobart, IN

Photo of Tracy Wondaal
EXP Realty
“Rebekah came highly recommended from a trusted friend and she was as good as advertised. Our experience couldn't have gone any better. I'd highly recommend Rebekah to anyone looking for an agent in the Bloomington and surrounding areas.”

Nick Catlin · Bloomington, IN

Photo of Rebekah Sims
Century 21 Scheetz

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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