House Prices

House Prices & Home Values Spencer, IN 2026


Average Data

average house price$184,554
average size per house1506 ft²
average price per ft²123 $ / ft²

04/19/2026 - The value range (VR) for house prices in Spencer, IN is $100/ sqft to $100/ sqft. An average home with 1506 sqft costs approximately $150,600 to $150,600. Spencer, IN includes 1 ZIP codes and it is located in Owen county. The lowest prices are found in ZIP 47460, while the highest are in ZIP 47460. The average price per sqare feet is $123. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Spencer

47460105 $ / ft²




Historical development of home values in Spencer

Year Estimated value (USD) Change vs. 2025
2010 $85,710 -53.6%
2011 $82,396 -55.4%
2012 $82,174 -55.5%
2013 $85,245 -53.8%
2014 $89,484 -51.5%
2015 $94,077 -49.0%
2016 $98,986 -46.4%
2017 $104,329 -43.5%
2018 $110,097 -40.3%
2019 $115,202 -37.6%
2020 $121,157 -34.4%
2021 $137,803 -25.3%
2022 $160,648 -13.0%
2023 $169,411 -8.2%
2024 $179,211 -2.9%
2025 $184,554 0.0%

Graph: estimated home values in Spencer over time (USD)



Example: 100% financing house in Spencer

Loan amount: $184,554

Interest rate: 6.00%

Fixed monthly payment: $1,106.49

Breakdown in the 1st month:
Interest portion: $922.77  –  Principal portion: $183.72

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,011.59 $2,266.34 $182,287.66
2 $10,871.81 $2,406.13 $179,881.53
3 $10,723.40 $2,554.53 $177,326.99
4 $10,565.84 $2,712.09 $174,614.90
5 $10,398.57 $2,879.37 $171,735.54
6 $10,220.97 $3,056.96 $168,678.58
7 $10,032.43 $3,245.51 $165,433.07
8 $9,832.25 $3,445.68 $161,987.39
9 $9,619.73 $3,658.20 $158,329.19
10 $9,394.10 $3,883.83 $154,445.35
11 $9,154.55 $4,123.38 $150,321.97
12 $8,900.23 $4,377.70 $145,944.27
13 $8,630.23 $4,647.71 $141,296.56
14 $8,343.56 $4,934.37 $136,362.19
15 $8,039.22 $5,238.71 $131,123.48
16 $7,716.11 $5,561.82 $125,561.66
17 $7,373.07 $5,904.86 $119,656.80
18 $7,008.87 $6,269.06 $113,387.74
19 $6,622.21 $6,655.72 $106,732.01
20 $6,211.70 $7,066.23 $99,665.78
21 $5,775.87 $7,502.06 $92,163.71
22 $5,313.16 $7,964.78 $84,198.94
23 $4,821.91 $8,456.03 $75,742.91
24 $4,300.36 $8,977.57 $66,765.34
25 $3,746.64 $9,531.29 $57,234.05
26 $3,158.77 $10,119.16 $47,114.89
27 $2,534.65 $10,743.29 $36,371.60
28 $1,872.02 $11,405.91 $24,965.69
29 $1,168.53 $12,109.40 $12,856.28
30 $421.65 $12,856.28 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Spencer, IN


1500 sqft3900 sqft
Ø selling price$223,246$474,904
Ø fast selling$202,951$427,413
Ø high price sale$243,541$522,394

In 2026, houses in Spencer, IN will be offered at an average price of $123 per square foot. A 1,500 sqft home priced at $223,246 is 23.97% more expensive per square foot than a 3,900 sqft home priced at $474,904. Home prices in Spencer, IN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $328,779. Sellers who can wait longer may achieve a higher price of up to $401,842.

FAQ – Home Values in Spencer

What is the median home value in Spencer in 2026?

In 2026, the typical home value in Spencer is about $184,554 for an average home size of 1506 square feet. This corresponds to an average price of roughly $123 per square foot.

What is the average cost per square foot in Spencer?

In 2026, homes in Spencer sell for an average of around $123 per square foot, with a typical range between $100 and $100 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Spencer is about 1506 square feet, with an estimated 2026 value around $184,554.



Locations close to Spencer, IN

Springville, IN118 $ / ft²
Stinesville, IN134 $ / ft²
Switz City, IN104 $ / ft²
Solsberry, IN158 $ / ft²
Smithville, IN98 $ / ft²
Scotland, IN99 $ / ft²
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