Zip 01562 (Spencer, MA) Housing

Housing in 01562 Spencer, MA has a median value of $373,000. This is higher than the US House Median Value of $338,100. The US 1 year House Appreciation is 8.27%, while House 1 year appreciation in 01562 Spencer, MA is 7.66%. While the home values in this area are slightly higher than average and appreciation rates are lower, homes in this area remain an attractive investment opportunity due to their desirable location and amenities nearby.

The median home cost in Spencer (zip 01562) is $373,000. Home appreciation the last 10 years has been 81.1%. Home Appreciation in Spencer (zip 01562) is up 14.0%.

Average Age of Homes

- The median age of Spencer (zip 01562) real estate is 57 years old

The Rental Market in Spencer (zip 01562)

- Renters make up 32.4% of the Spencer (zip 01562) population
- 1.1% of houses and apartments in Spencer (zip 01562), 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, Massachusetts	United States
	5,782.0	139,647,020.0
	53	42
	$373,000	$338,100
	14.0%	16.6%
	52.3%	57.0%
	81.1%	101.1%
	$11.70	$10.98
	$3,622	$2,690
	57.6%	57.4%
	10.3%	11.2%
	32.1%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	3.3%	3.6%
	5.6%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	0.5%	2.4%
	1.6%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	2.4%	11.3%
	7.0%	13.0%
	32.5%	20.1%
	33.2%	13.6%
	10.1%	8.3%
	6.7%	9.7%
	2.6%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	6.3%	13.6%
	12.2%	13.2%
	17.9%	14.8%
	6.3%	13.6%
	11.5%	10.0%
	3.1%	4.7%
	26.6%	12.2%

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