Spencer County, KY Housing

The median value of housing in Spencer, KY County is $314,500, which is lower than the US median of $338,100. However, the 1 year house appreciation rate in Spencer is 11.54%, higher than the 8.27% national average. This signals a strong market for housing in Spencer with property values increasing rapidly and a high demand for housing. With its attractive prices and potential for further growth, Spencer is an appealing option for anyone looking to invest in real estate.

The median home cost in Spencer County is $314,500. Home appreciation the last 10 years has been 74.3%. Home Appreciation in Spencer County is up 14.0%.

Average Age of Homes

- The median age of Spencer County real estate is 21 years old

The Rental Market in Spencer County

- Renters make up 14.7% of the Spencer County population
- 0.0% 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, Kentucky	United States
	7,358.0	139,647,020.0
	24	42
	$314,500	$338,100
	14.0%	16.6%
	48.3%	57.0%
	74.3%	101.1%
	$7.60	$10.98
	$1,850	$2,690
	81.6%	57.4%
	6.3%	11.2%
	12.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.1%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	1.3%	2.4%
	1.3%	2.8%
	1.9%	3.9%
	1.6%	4.5%
	9.4%	11.3%
	15.4%	13.0%
	40.5%	20.1%
	18.4%	13.6%
	4.7%	8.3%
	3.3%	9.7%
	1.9%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	33.4%	13.6%
	33.4%	13.6%
	24.8%	13.6%
	7.5%	13.2%
	8.0%	14.8%
	24.8%	13.6%
	2.8%	10.0%
	1.1%	4.7%
	7.6%	12.2%

Reviews for Spencer

See all (0)

Write a Review

Start Your Review of Spencer

Commute