Zip 45887 (Spencerville, OH) Housing

The housing market in 45887 Spencerville, OH is doing very well, as evidenced by the median value of $164,000. This is significantly lower than the national median of $338,100 but the 1 year appreciation rate of 8.69% is actually slightly higher than the national rate of 8.27%, showing that Spencerville has a strong and growing housing market.

The median home cost in Spencerville (zip 45887) is $164,000. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Spencerville (zip 45887) is up 11.9%.

Average Age of Homes

- The median age of Spencerville (zip 45887) real estate is 60 years old

The Rental Market in Spencerville (zip 45887)

- Renters make up 15.6% of the Spencerville (zip 45887) population
- 1.9% of houses and apartments in Spencerville (zip 45887), 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	Spencerville, Ohio	United States
	1,910.0	139,647,020.0
	54	42
	$164,000	$338,100
	11.9%	16.6%
	48.3%	57.0%
	64.5%	101.1%
	$12.42	$10.98
	$1,281	$2,690
	68.3%	57.4%
	8.5%	11.2%
	23.2%	31.4%
Vacant Housing
	1.9%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	2.6%	0.4%
	0.0%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	2.1%	2.4%
	2.4%	2.8%
	9.5%	3.9%
	14.4%	4.5%
	20.6%	11.3%
	21.5%	13.0%
	7.7%	20.1%
	5.1%	13.6%
	1.6%	8.3%
	9.4%	9.7%
	0.0%	3.9%
	1.8%	2.2%
	0.0%	0.8%
	1.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	7.0%	13.6%
	7.6%	13.2%
	22.8%	14.8%
	7.0%	13.6%
	8.1%	10.0%
	4.0%	4.7%
	28.8%	12.2%

Reviews for Spencerville

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Shelley · Ogden, UT

Spencerville

Over 17 years ago

I am currently living in Okinawa Japan. Prior to making this move I lived in Spencerville Ohio. It is a very quiet town with exactly what I was looking for to raise my More