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Spencer, NY real estate

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Spencer real estate Market Report.

Information and statistics on the latest trends in the Spencer real estate market. *

Quarterly Pricing Trends for Spencer

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

Quarterly Pricing Trends for Spencer Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $153K Median sale price in Jan 2022 - Mar 2022: $156K Median sale price in Apr 2022 - Jun 2022: $154K Median sale price in Jul 2022 - Sep 2022: $485K Median sale price in Jan 2023 - Mar 2023: $158K Median sale price in Apr 2023 - Jun 2023: $110K Median sale price in Jul 2023 - Sep 2023: $96K Median sale price in Oct 2023 - Dec 2023: $190K Median sale price in Jan 2024 - Mar 2024: $170K Median sale price in Apr 2024 - Jun 2024: $118K Median sale price in Jan 2025 - Mar 2025: $158K Median sale price in Jul 2025 - Sep 2025: $267K Median sale price in Oct 2025 - Dec 2025: $265K Median sale price in Jan 2026 - Mar 2026: $400K Median sale price in Jul 2026 - Sep 2026: $297K Median list price in Oct 2021 - Dec 2021: $152K Median list price in Jan 2022 - Mar 2022: $187K Median list price in Jul 2022 - Sep 2022: $147K Median list price in Oct 2022 - Dec 2022: $130K Median list price in Apr 2023 - Jun 2023: $135K Median list price in Jul 2023 - Sep 2023: $184K Median list price in Oct 2023 - Dec 2023: $144K Median list price in Jan 2024 - Mar 2024: $115K Median list price in Apr 2024 - Jun 2024: $220K Median list price in Jul 2024 - Sep 2024: $169K Median list price in Oct 2024 - Dec 2024: $148K Median list price in Apr 2025 - Jun 2025: $279K Median list price in Jul 2025 - Sep 2025: $367K Median list price in Jan 2026 - Mar 2026: $325K Median list price in Apr 2026 - Jun 2026: $313K Median list price in Jul 2026 - Sep 2026: $302K Oct 2021 - Dec 2021 Median sale price $153K Median list price $152K Jan 2022 - Mar 2022 Median sale price $156K Median list price $187K Apr 2022 - Jun 2022 Median sale price $154K Median list price Unknown Jul 2022 - Sep 2022 Median sale price $485K Median list price $147K Oct 2022 - Dec 2022 Median sale price Unknown Median list price $130K Jan 2023 - Mar 2023 Median sale price $158K Median list price Unknown Apr 2023 - Jun 2023 Median sale price $110K Median list price $135K Jul 2023 - Sep 2023 Median sale price $96K Median list price $184K Oct 2023 - Dec 2023 Median sale price $190K Median list price $144K Jan 2024 - Mar 2024 Median sale price $170K Median list price $115K Apr 2024 - Jun 2024 Median sale price $118K Median list price $220K Jul 2024 - Sep 2024 Median sale price Unknown Median list price $169K Oct 2024 - Dec 2024 Median sale price Unknown Median list price $148K Jan 2025 - Mar 2025 Median sale price $158K Median list price Unknown Apr 2025 - Jun 2025 Median sale price Unknown Median list price $279K Jul 2025 - Sep 2025 Median sale price $267K Median list price $367K Oct 2025 - Dec 2025 Median sale price $265K Median list price Unknown Jan 2026 - Mar 2026 Median sale price $400K Median list price $325K Apr 2026 - Jun 2026 Median sale price Unknown Median list price $313K Jul 2026 - Sep 2026 Median sale price $297K Median list price $302K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
40
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 (Jul 2026 - Sep 2026).

Year-over-year, Spencer’s rolling three-month data shows notable price and activity shifts. The typical home value is up more than 11 percent from a year ago, while homes sold have roughly doubled over the same period.

From a supply standpoint, conditions lean toward sellers, with the area classified as a seller’s market and just 1.6 months of supply, sharply lower than last year. At the same time, active listings have increased by about a third, yet new listings over the period are down by roughly half, indicating that fewer homes are coming to market even as the small inventory pool has grown.

Looking at how quickly homes move, the median days on market over the latest rolling three months is 47, which is about half of what it was a year earlier. Buyers are seeing an average sale-to-list price ratio just under 95 percent and no recent sales closing above list price, pointing to some room for negotiation. In a market with very few transactions and shifting inventory, buyers and sellers can both benefit from Agent Pronto connecting them with a local agent who understands these trends and can guide their decisions.



Learn more about what Spencer has to offer.

Spencer offers residents a welcoming small-town lifestyle with tight-knit community, accessible outdoor spaces, and practical amenities that support everyday life.

Spencer offers small-town living with practical access to larger hubs, sitting southwest of Ithaca and within reach of Binghamton. Residents appreciate local services close at hand, while still having an easy drive to jobs, education, and healthcare in surrounding communities.

Daily life here centers on a compact Main Street, with essentials, local eateries, and community services within minutes of most homes. Families value the Spencer-Van Etten Central School District and the active calendar of school and youth sports. Outdoor time is a big part of living in Spencer, from casual walks at Nichols Park to fishing and paddling along nearby waterways. The rural setting creates a sense of space, yet you can still grab coffee, run errands, and attend community events without a long commute.

For broader shopping, dining, and cultural options, many locals head toward Downtown Ithaca or the facilities at Cornell University, then return home to quieter evenings and open skies. The mix of older farmhouses, village homes, and newer builds gives buyers a range of options, while long-time owners see steady interest from people seeking a more relaxed pace.

A real estate agent who knows Spencer’s back roads, school catchments, and zoning rules can simplify decisions and reduce stress. Agent Pronto connects both buyers and sellers with local experts who understand how to navigate this market efficiently.

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.

“I cannot say enough wonderful things about Mary! As a first time homebuyer, I was nervous and overwhelmed going into the process, but Mary made the entire experience so much easier and less intimidating. From start to finish, she provided incredible guidance, answered all of my questions, and always made sure I felt confident in my decisions. Her knowledge, patience, and dedication truly made all the difference. Even when we faced unexpected obstacles along the way, Mary went above and beyond to help navigate them and ensure everything came together. She genuinely cares about her clients and always had my best interests at heart. I am so grateful to have had Mary by my side throughout such an important milestone in my life. I couldn’t have asked for a better realtor and would highly recommend her to anyone looking to buy or sell a home!”

Tessa Hughes ·

Photo of Mary Canova
Gabler Realty
“I had a great experience working with Jenn when buying my first home. She had previously worked with my mom a couple of years ago, so I already knew who to call when it came time to buy my own place. She was professional, knowledgeable, and easy to work with from start to finish. She was always available when I had questions, kept me informed throughout the process, and made sure everything went as smoothly as possible. Buying a house can be stressful, but Jenn made the entire experience a lot easier. She was honest, responsive, and genuinely cared about helping me find the right home. I never felt pressured into anything, and I always felt like she had my best interests in mind. You can tell she takes pride in what she does and goes the extra mile for her clients. I also appreciated how personable and easygoing she was throughout the process. She knows her business, communicates well, and does what she says she’s going to do. Those things go a long way when you’re making such a big investment. I would absolutely recommend Jenn to anyone looking to buy or sell a home. I’m glad I chose to work with her, and I’d use her again without hesitation. Thanks again, Jenn, for all your help!”

Jack Baumann ·

Photo of Jenn Manz
Keller Williams WNY
“Anthony was a wonderful partner in getting our house sold recently. He cared about our needs and ensured that the whole process ran as smoothly as possible for us from start to finish. He respected that we had animals in the home during open houses by limiting people in our home all at once. And he took the utmost care that our family/possessions were protected during open houses. He was extremely knowledgeable when we had questions or needed advice on our house sale and relocation to another state. He made everything seem a little less nerve-wracking and unsure for us. I would recommend him to families in the LI NY area. We appreciated his help very much!”

emmadreamstar ·

Photo of Anthony Napolitano
Anthony Napolitano Homes
“Thomas was such a pleasure to work with. I have worked with agents and the past and he superseded all of my expectations by far! Was very knowledgeable about the market and the area, priced property fairly, great negotiation skills. I would highly recommend.”

Sha-Shena Benjamin ·

Photo of Saer & Goldenberg
Howard Hanna Real Estate Services Howard Hanna - Coach Realtors
“Imran did an outstanding job assisting us selling our property. His expertise in the market’s geographic area was instrumental in determining a competitive. The work progressed went well and satisfaction. Highly recommend.”

Larisma Purba ·

Photo of IK REALTY TEAM
Realty Executives Today
“Working with Nael was a excellent experience from start to finish! He was professional, knowledgeable, and very responsive making the process smooth and clear. We truly appreciate his guidance during this new chapter of our lives. We highly recommend him!”

Daniela and Mathew Gabel · Holmes, NY

Photo of Nael Dassan
CENTURY 21 Elite Realty
“Joana is an absolute pleasure to work with! Professional yet approachable. She helped me with a sale and purchase at the same time. As one could imagine, timing was everything and throughout the unavoidably complicated process, Joana advocated for me every step of the way. She took the time in educating me about the market, and what to expect at each level of the transaction. She made me feel confident through it all. Highly Recommended!”

orz718 ·

Photo of Joana Chu
Home Court Real Estate LLC
“Matt was the perfect fit for us when we were ready to sell our parents’ home. Our situation needed a bit more attention and Matt provided much needed guidance. Thank you for everything Matt and you will be on my short list for another home sale!”

yellowchickm ·

Photo of Matt Coscia
Glen Mary Real Estate
“Professional in every aspect of an attentive professional realtor, family person, that is fully u detstamding of the realestate business n follows through to the end n above a sale Yes I will work with her again Thank you Sandy”

Texmexlu@gmail.com · Fairfield, CT

Photo of Sandy Chang
Century 21 Scala Group
“Jeffrey Jimenez went above and beyond and provided outstanding service. His communication was wonderful—he was responsive, helpful, and professional throughout. I truly appreciate how much care he put into making the experience a positive one. I would happily recommend Jeffrey to anyone looking for excellent service.”

zuser20201010093018346 ·

“Greg did an amazing job for me. We looked at any house I sent his way and eventually found "The One" he knew exactly what to do and when in order to ensure I was able to get it.”

Doug Eaton ·

Photo of Greg Wakeman
ERA Real Estate Hunt Real Estate ERA
“It is with much reverence for Conrad's professional efforts I write the following review. If I am biased, it is solely because of his incredible work and profiency. I can only share what I experienced. As I try to be as conscientious in my review as Conrad was for his thoughtful planning for the future of my family, I believe whoever comes across Conrad's services is truly lucky. Conrad is stubborn: He will do whatever it takes to ensure you have seamless journey. He believes that the best practice for preparing new home-owners is telling you exactly what to expect and thorough consultancy. He comes prepared with scenarios, planning sheets, toolkits, and expert dialogue. If you are someone who does not like to learn what you're getting yourself into when buying, selling, or investing in a property, please do not waste his time. His knowledge is valuable and wisdom is in good judgement. During our first consultation for home-buying, Conrad walked us through the costs, risks, benefits, and potential pitfalls of buying a home, helping us understand what to expect as first-time homebuyers. I had zero background in real estate and I can barely remember what I did last Tuesday. But Conrad was attentive to our needs and was able to diligently breakdown terms and realty jargon in a way my family and I could understand. During pre-closing and closing, Conrad displayed the communicative ability to keep all parties involved, well-informed. There was never any point where I was confused because he ensures there are constant yet gentle status updates. There's more I can say but I don't want to lose readers' attention or reach character limit. My little family and I successfully closed on the house of our dreams and expectations in 2026, thanks to RightWay Realty Group. Conrad is truly the best in the business and it's not just me saying this. It's also title companies, sellers, other clients, attornies, and everyone in-between. If you are considering Conrad for his services, you will be in good hands. He goes above and beyond. I highly recommend.”

Chigozie Okorie ·

Photo of Conrad Martin
Keller Williams Midtown Direct Realty
“I was a North Carolina transplant looking to sell my property in central Long Island, NY. Samantha had connections to a an excellent real estate attorney, a junk removal service that worked at an acceptable cost and on short notice. She was knowledgeable, responsive, and really went above and beyond to make sure I felt connected - in spite of navigating the process from states away. I never felt a need to go up to NY and handle something myself. I would use again if I go back to Long Island.”

Jasmine Bertsch ·

Photo of Samantha Zambrzycki
Oversouth Real Estate
“Highly supportive, prompt, and adaptable. The team showed careful attention throughout the purchase and took time to clarify key details. Communication and accessibility were excellent. I would purchase from them again if another opportunity arises.”

zuser20170709105233504 ·

Photo of The Chang Team
Exit Realty Team
“my property had been sitting with another agent for four months and going nowhere so we switched to this professional and he repriced it, changed how it was presented and it was under contract in 3 weeks. i kept thinking why didn't we do this sooner but at least we got there”

Sheila Mills ·

Photo of Lenny Sklyar
RE/MAX Edge
“Working with John to find our family's forever home was truly a fulfilling experience. As we transitioned from a smaller home into a space that would better fit our growing family's needs, having him by our side made all the difference. From day one, John took the time to deeply understand what we were looking for. Rather than wasting time or distracting us with properties that weren't a true match, he kept us laser-focused on homes that aligned with our vision and goals. His market knowledge and sharp intuition meant we were only seeing properties with genuine potential. Throughout the entire home-buying process, John was remarkably accommodating, patient, and consistently clear and responsive in his communication. Buying a home can be overwhelming, but he provided steady, expert guidance, helping us make the best strategic decisions at every turn. What truly sets John apart is his masterclass in transaction management, persistence, and strategic foresight. In our case, we weren't the initial offer accepted on the home we ultimately bought. Where another agent might have moved on, John saw it through. He maintained constant diligence, advised us on crafting a strong, competitive offer, and kept us in prime position so that when the original deal fell through, we were ready to step seamlessly into place. Beyond his incredible hustle and market savvy, John proved to be an invaluable advocate during negotiations and helped effortlessly navigate the complexities of home inspections, appraisals, and coordination with our lender and closing team. His professionalism, calm demeanor, and thorough execution ensured a smooth transition from start to finish. If you are looking for a realtor who truly listens, stays in your corner, and delivers exceptional results, we cannot recommend John highly enough!”

lasiegmund ·

RR
Signature Premier Properties
“Rodriguez is the most caring and knowledgeable guy he sold my home in less than 2 weeks and helped me for months find my forever home.. he is so honest and became like family to myself kids and grandkids… looking or buying HE is your man”

Maryann Moran ·

Photo of Rod Dufresne
Keller Williams Legendary
“Autumn was the only realtor I wanted to use. She and my late husband were friends when they both worked at Hunt Real Estate so when I had to sell my house due to his passing, I asked her to represent me. I had someone who was very interested in buying my house and when he gave me a written offer I passed it on to Autumn and my attorney. She is the consumate professional and a very talented negotiator. Regardless of whether you are buying or selling, let Autumn handle it for you! You will see why she has won so many awards for her expertise.”

marthahosey8 ·

Photo of Anna Phillips
ERA Real Estate Hunt Real Estate
“This was our 2nd time working with Ilona, 7 years apart. First as buyers, then as sellers and both experiences were great. She makes it all very simple and easy for both sides. Highly recommend.”

framer onerous 2k ·

Photo of Ilona Fotiadou-Bludov
Homes R US realty of NY
“We faced several difficult situations with our buyers - Lori was patient and persistent in working through the issues. She was always easy to work with.”

jimofcolorado ·

Photo of Lori Schultz
Howard Hanna Real Estate Services Howard Hanna

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.