The housing median value in Spencer, OH (44275) is $263,800. This is significantly lower than the national average of $338,100. Despite this difference, the one-year appreciation rate of homes in Spencer is 11.04%, which surpasses the US average of 8.27%. The strong appreciation rate indicates that Spencer is a growing area with potential for increasing home values over the short term. It is a great option for anyone looking to buy a home at an affordable price and benefit from potential price appreciation in the near future.
The median home cost in Spencer (zip 44275) is $263,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Spencer (zip 44275) is up 14.6%.
Average Age of Homes
- The median age of Spencer (zip 44275) real estate is 41 years old
The Rental Market in Spencer (zip 44275)
- Renters make up 15.5% of the Spencer (zip 44275) population
- 0.6% of houses and apartments in Spencer (zip 44275), 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.