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Information and statistics on the latest trends in the Spencerville real estate market. *
Jun 1, 2026 - Aug 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 (Jun 2026 - Aug 2026).
Spencerville’s rolling three-month numbers show notable year-over-year movement. Typical home values are up sharply, with the median sale price climbing about 38% compared with a year ago. Median list prices have risen even faster over the same period, increasing more than 60%, pointing to sellers testing higher price points.
Looking at the latest rolling window through August 2026, pricing and inventory trends are reshaping how buyers and sellers interact. The typical home value sits around $184,000, while the median list price is near $217,000, creating a visible gap between asking and selling prices. Inventory has expanded, with active listings up about 35% year over year and months of supply jumping from roughly a tight market last year to about 4.5 months now, shifting conditions closer to balance.
Activity levels tell a mixed story in this period. Homes sold are roughly flat year over year, but new listings are up more than 40%, and pending sales have slipped compared with last year, suggesting buyers have more options and are taking longer to commit. That extra time shows up in a median 68 days on market, up significantly from a year ago, even as about 20% of homes still sell above list and the average sale-to-list ratio hovers right around 100%. In this evolving seller-leaning market, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands these shifting trends.
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.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Chad Shircliff was beyond excellent! The sale was through a complex estate matter and Chad stuck with us. There were multiple issues a long the way and Chad took them in stride- often calming down my nervous self. Chad frequently checked on the home and even assisted in quick fixes. He went above and beyond to get the sale completed for us- and at the right price!”
“She was amazing at giving us all the information we needed , going to tour homes for us while we lived in a different state , the communication was great , helping us understand every little part of us buying a home . I would recommend her 1000 percent and work with her again! Thank you Tyria !”
“I cannot express how great our experience working with Michael E. Teggart was. My husband and I reached out to Michael before I even moved to Ohio, and his knowledge of the local market was a major factor in our decision to work with him. He was helpful, trustworthy, and professional throughout the entire process, as well as a skilled negotiator once we were under contract. I would highly recommend Michael to anyone, especially first-time homebuyers. He balances his expertise with patience and diligence, taking the time to understand what his clients are looking for while helping them find properties that fit both their needs and their budget. We always felt that he had our best interests in mind and were incredibly grateful for his guidance throughout our home-buying experience.”
“I haven't bought a home in many years, and this purchase was a bit out of the ordinary. I relied on Kody LaPoint's professionalism to guide me through it.”
“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!”
“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!”
“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.”
“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!”
“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.”
“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.”
“Katie was amazing and very quick to respond to us with any questions we had. She gave us so much information and extremely helpful.”
“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”
“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.”
“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.”
“Jenny was amazing. We are so grateful for her and all she did for us. She went above and beyond!”
“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.”
“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.”
“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”
“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.”
“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.”
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.
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 Spencerville Realtor® or real estate agent today.
