Spencer County, IN Housing

Spencer, IN County is a great place to invest in housing. The median value of homes in the area is $189,800, which is much lower than the US median of $338,100. Additionally, house appreciation in Spencer, IN County has been higher than the national average over the past year at 12.87%, compared to 8.27%. This makes Spencer an ideal location for potential buyers looking to get more home for their money and turn a profit on their investment.

The median home cost in Spencer County is $189,800. Home appreciation the last 10 years has been 67.8%. Home Appreciation in Spencer County is up 15.0%.

Average Age of Homes

- The median age of Spencer County real estate is 40 years old

The Rental Market in Spencer County

- Renters make up 16.4% of the Spencer County population
- 0.8% of houses and apartments in Spencer County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spencer, Indiana	United States
	8,625.0	139,647,020.0
	42	42
	$189,800	$338,100
	15.0%	16.6%
	49.4%	57.0%
	67.8%	101.1%
	$6.68	$10.98
	$962	$2,690
	73.6%	57.4%
	8.8%	11.2%
	17.7%	31.4%
Vacant Housing
	0.8%	1.9%
	0.1%	0.4%
	0.5%	0.7%
	0.8%	0.4%
	0.9%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	2.6%	2.4%
	3.4%	2.8%
	9.5%	3.9%
	9.9%	4.5%
	25.8%	11.3%
	15.4%	13.0%
	19.7%	20.1%
	7.2%	13.6%
	2.2%	8.3%
	0.9%	9.7%
	0.3%	3.9%
	1.3%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.4%	13.6%
	10.4%	13.6%
	20.6%	13.6%
	11.7%	13.2%
	16.5%	14.8%
	20.6%	13.6%
	9.3%	10.0%
	3.9%	4.7%
	11.6%	12.2%

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