“We love Jennifer! She is super nice and great to work with. We bought our new house and are excited to list the current house with her. Will definitely reccommend her for anyone we know looking to move!”
e-Merge
- Agent Pronto
- Ohio
- Spencerville
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Spencerville real estate Market Report.
Information and statistics on the latest trends in the Spencerville real estate market. *
Latest Rolling 3-Month Snapshot
May 1, 2026 - Jul 31, 2026
Median sale price
$184K
+27%
from
Q2 '26
Median list price
$237K
-26%
from
Q2 '26
Active listings
10
-9.1%
from
Q2 '26
Homes sold
1
-80%
from
Q2 '26
New pendings
4
+33%
from
Q2 '26
New listings
6
No change
from
Q2 '26
Quarterly Pricing Trends for Spencerville
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Spencerville
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Pricing Trends for Spencerville
Rolling three-month data ending on quarter boundaries when available.
Median sale price
Median list price
Quarterly Inventory and Sales Activity for Spencerville
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 Spencerville
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 Spencerville
Rolling three-month supply and activity totals for the selected period.
Active listings
Homes sold
New pendings
New listings
25
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).
Spencerville’s rolling three-month data shows home values rising sharply compared to last year. The typical home value is up more than 30 percent year over year, while the median list price has climbed over 80 percent. At the same time, the number of homes sold has fallen dramatically from a year ago, signaling fewer completed transactions in this small market.
In the latest period ending July 2026, prices and pace are moving in different directions. The typical home value sits around $184,000, yet homes are spending a median of 68 days on the market, far longer than a year ago. Months of supply has surged to about 22 months, and only one home sold during this three-month window, highlighting how limited recent sales activity has been.
Inventory has ticked up modestly to 10 active listings, and new listings are roughly flat year over year, while pending sales are down from last year’s levels. No recent sales closed above list price, and the average sale-to-list ratio is just under 98 percent, suggesting buyers have some room to negotiate even though the broader gauge still labels Spencerville a seller’s market. With values up but sales slow and supply elevated, conditions can feel confusing, and Agent Pronto can help both buyers and sellers find an agent who understands these shifting trends.
Learn more about what Spencerville has to offer.
Spencerville offers residents a warm, family-friendly community with strong schools, ample parks, and convenient local amenities that support a high quality of life.
Spencerville immediately feels different from nearby larger communities like Lima or Delphos. It has a quieter pace and strong local identity, yet residents still enjoy convenient access to regional employers, shopping, and highways. Many people are drawn by its walkable core, where schools, parks, and everyday services sit close together.
Families appreciate that the well-regarded Spencerville Local Schools anchor community life, with events that bring together long-time residents and newcomers. Outdoor time is easy to find at Memorial Park, with ballfields, a swimming pool, and space for youth leagues. The Miami and Erie Canal Towpath Trail offers a relaxed place to walk, bike, or run along a historic waterway.
Locally owned spots such as The Meeting Place on Market in nearby Lima and regional attractions like Ottawa Metro Park give residents more options for dining, coffee, and recreation within a short drive. For those commuting, proximity to Allen County and surrounding job centers makes Spencerville a practical home base.
Because the market here can move quickly and inventory is often limited, timing and preparation matter. Whether you are planning a first purchase in Spencerville or considering selling a long-owned property, connecting early with the right local real estate agent through Agent Pronto can help you make each decision with confidence and clarity.
Trusted by over 500,000 buyers and sellers.
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“Mark did an excellent job helping us sell our home. He guided us through every step of the process, kept us informed, and made what could have been a stressful experience feel smooth and manageable. We truly appreciated his professionalism, knowledge, and support throughout the entire process. We highly recommend Mark to anyone looking to buy or sell a home!”
Coldwell Banker Realty
“We have worked with Loree Rupe for at least a couple of years trying to find "exactly what we wanted" which wasn't an easy task. Having looked at what feels like countless houses over that time period, finally found what we felt would be a best fit for us. Loree kept us informed along the way and worked on some really great negotiations for us. Thank you, Loree! Dan and I appreciate your help.”
e-Merge Real Estate
“Josie, Thank you for your exceptional support throughout our home‑buying journey in Dublin, Ohio. Your responsiveness, consistent availability, and immaculate understanding of the local market made all the difference. You were always there to safeguard our interests, anticipate our needs, and guide us with clarity and confidence. We truly appreciate your dedication and professionalism!”
Coldwell Banker Realty
“Maura went above and beyond our expectations. Especially as first time home buyers. She made it so easy for us, and really fought for our needs and interests.”
Coldwell Banker
“Crystal has been wonderful to work with in finding our new home. She has been very responsive and resourceful with helping us going through the process of finding and purchasing our new home. We highly recommend Crystal if you are looking for a reliable realtor. Thank you Crystal.”
Coldwell Banker Realty Metro
“Katie was amazing and very quick to respond to us with any questions we had. She gave us so much information and extremely helpful.”
Meridian Real Estate Services & 3DX Real Estate
“We been working with Ms Jenn for while, she's our first and only choice whenever we need any real estate. Definitely recommended to friends and family”
Century 21 Lakeside Realty
“Kody will help you along through every process of selling your home. Anytime I reached out to him with questions he was quick to reply with easy to understand answers. I would highly recommend with sale of your property. Thanks again Kody!”
LPT Realty
“Ayan Abdirizak has been a pleasure to work with, she was very patient and helpful in finding our home. I truly cannot recommend her enough to friends and family. I will definitely work with Ayan in the future.”
Coldwell Banker Realty
“Matt was incredible. We haven't bought or sold a house in a very long time, and he made the whole process very simple and easy to navigate. On top of being super professional, he's just an all around great guy and wonderful to work with.”
ERA Real Estate ERA Real Solutions Realty
“For my first time home purchase my experience couldnt of been more memorable ny relator keep me up to date every step of the way and went above and beyond to find me exactly what i was looking for me and my family appreciate you and look forward to working with you again!”
CENTURY 21 Lakeside Realty
“Michael went above and beyond to help me buy my first home. As a veteran, I truly appreciated his dedication, patience, and professionalism throughout the entire process. He made sure I found a house that fit my needs perfectly and guided me every step of the way. His commitment and genuine care made the experience smooth and stress-free.”
Comey & Shepherd Realtors
“Jenny was amazing. We are so grateful for her and all she did for us. She went above and beyond!”
Coldwell Banker Realty
“We were hesitant to purchase a new home in a new state after a rough experience before. Tracy reassured, listened, explained, comforted, and fought for us every single step of the way. She was real and honest and genuine from day one. She surpassed our expectations and showed us that house buying can be a worthwhile adventure. All of our family and friends already know what a true Rockstar she is and continues to be. And bonus points, fantastic personality. Thank you, Tracy... for everything.”
Howard Hanna Real Estate Services Howard Hanna
“Chad was always prompt in communication, whether feedback from showings or changes to our listing and contract. He gets things done! If you want to sell a property, he's your guy.”
ERA Real Estate ERA Real Solutions Realty
“Guy has helped us purchase three homes and sell two. There's no one else we would use or recommend. He has always been reliable, easy to reach, and extremely knowledgeable. He made sure we weren't wasting our time and kept us within our budget while getting the most for our money. He is very patient and not pushy at all. Guy genuinely wanted to make sure we would be happy with the homes we chose, never rushing us into a decision. In both buying and selling, we always knew Guy had our best interests in mind.”
e-Merge Real Estate
“Beth was a dream to work with. We were buying our first home and got honesty and truly good advice, something that no other realtor we toured with gave anything close to. It seemed like other realtors just wanted to do what they could to sell any property, meanwhile she listened and searched and helped every step of the way in finding a home that was tailored to our best interests. She was easily the most responsive person we dealt with throughout the entire transaction and gave so much advice/guidance for anything that I asked. I recommend Beth to everybody, and she will be the first and only person I recommend to any of my friends/family that are looking to purchase a home. I really cannot say enough about how responsive she was and how she was always on top of things. 11/10”
eXp Realty
“I am extremely satisfied with service provided by Christina while my home research. She is very knowledgeable, very efficient and quick to respond. Will definitely work with her in future as well.”
Fathom Realty Ohio
“Tracey and Todd have been a great help with everything when it came to selling my house and finding my new home. Will always use them. Will also look to them for advice they were great to work with. Great team work.”
e-Merge Real Estate
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 Spencerville. 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 Spencerville Realtor® or real estate agent today.