Current Price

$233,565

1 Month Forecast

â–² $248,682

1-Year Forecast *

â–² $261,413

5-Year Forecast *

â–² $303,355

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (Indiana State, Owen County) worth it?" According to our live Forecast System, buying a house in Spencer is a good short-term (1-year) investment*. The Spencer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Spencer" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Spencer in Indiana State, Owen County. If you are looking for homes for sale with good flipping profit, Spencer can be a profitable property investment option. The median price of an average house in Spencer was 233,565 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 303,355 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +29.88% meaning that investing 100000 USD today may yield a profit of 29,880 USD by 2031.

Current Median Listing Price: 233,565 USD Median Listing Price Per Square Foot: 130 USD

Spencer Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Spencer (Indiana State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Spencer Price Target

Spencer median home price target in 12 months: $261,413* (upside of 11.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $248,740 $247,079 $247,079 $251,558
2024 $220,902 $233,565 $220,902 $233,565
2023 $205,422 $220,898 $205,422 $220,969
2022 $190,959 $205,401 $190,959 $207,622
2021 $172,086 $188,349 $172,086 $188,349
2020 $150,168 $169,315 $150,168 $169,315
2019 $138,029 $148,268 $138,029 $148,268
2018 $129,688 $137,042 $129,688 $137,042
2017 $118,530 $128,471 $118,530 $128,471
2016 $112,797 $118,320 $112,797 $118,320
2015 $107,609 $112,326 $107,609 $112,326
2014 $104,526 $107,127 $104,473 $107,127
2013 $102,141 $104,705 $102,141 $104,958
2012 $101,063 $101,909 $101,063 $101,909

Questions & Answers about the Spencer Housing Market Forecast

How much does an average home cost in Spencer today?

The value of an average home (the listing price) in Spencer is $233,565 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 130 USD.

Will the median listing price of homes in Spencer grow / rise / go up?

Yes. The Spencer home prices may rise from 233,565 USD to 261,413 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +11.92% in one year.

Will Spencer house prices fall / drop?

No. See above.

What is the predicted price of a Spencer home in 2030?

The predicted home sales price of a Spencer home in 2030 in Spencer is 298,042 USD.

What is the predicted price of a Spencer home in 2035?

The predicted home sales price of a Spencer home in 2035 in Spencer is 359,570 USD.

Will real estate prices decrease in Spencer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Spencer is the 4896. largest city in the United States, located in Indiana State.

During the last 12 months the real estate prices in Owen, Spencer decreased, looking at the past 12 months.

According to Walletinvestor's Spencer real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.153% to 233,565 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 11.043% in 2021
  • 11.573% in 2022
  • 9.943% in 2023
  • 13.873% in 2024
  • 12.753% in 2025
  • 12.853% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 208.450% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: decreasing 4 times.

Spencer (Indiana) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Spencer Housing Market Forecast with Real Estate Prices for 2025
August 2025 248682 229285 268079
September 2025 250295 230022 270569
October 2025 251919 233277 270561
November 2025 253553 237072 270034
December 2025 254419 231775 277062
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 253960 231611 276308
February 2026 253825 228697 278954
March 2026 254738 232831 276646
April 2026 256391 240494 272287
May 2026 258054 239216 276892
June 2026 259728 238690 280766
July 2026 261413 236317 286509
August 2026 263109 244165 282053
September 2026 264816 241247 288384
October 2026 266534 246277 286790
November 2026 267280 243225 291335
December 2026 267120 242011 292230
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 266078 250911 281244
February 2027 265039 249667 280412
March 2027 264580 238122 291038
April 2027 264824 239930 289717
May 2027 264851 239426 290277
June 2027 265427 246051 284803
July 2027 266930 242906 290953
August 2027 268661 252273 285050
September 2027 270404 247150 293659
October 2027 272158 249841 294475
November 2027 273924 247079 300769
December 2027 275701 254196 297206
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 277490 259730 295249
February 2028 278887 255739 302034
March 2028 279301 252209 306393
April 2028 279211 253244 305178
May 2028 279216 262463 295969
June 2028 280128 253796 306460
July 2028 281946 259954 303937
August 2028 283775 264478 303071
September 2028 285616 266765 304466
October 2028 286979 260577 313381
November 2028 287458 272223 302693
December 2028 288049 269038 307061
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 288985 260086 317883
February 2029 290354 265964 314743
March 2029 291438 265500 317376
April 2029 293329 266049 320608
May 2029 295232 268661 321802
June 2029 297147 278724 315570
July 2029 298042 270026 326058
August 2029 297559 271671 323446
September 2029 296397 280688 312106
October 2029 295240 279593 310888
November 2029 294234 265988 322481
December 2029 296143 270082 322204
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 298064 270642 325486
February 2030 299998 281698 318298
March 2030 301944 286847 317041
April 2030 302974 282978 322971
May 2030 302428 286702 318154
June 2030 302268 281714 322822
July 2030 303355 273929 332780
August 2030 305323 287614 323031
September 2030 307303 286407 328200
October 2030 309297 292904 325690
November 2030 311303 290446 332161
December 2030 313323 284184 342462
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 315356 286343 344368
February 2031 317401 289787 345015
March 2031 318290 287098 349482
April 2031 318100 295833 340367
May 2031 316859 300699 333019
June 2031 315622 288794 342450
July 2031 315075 294280 335870
August 2031 315365 286667 344064
September 2031 315398 296474 334322
October 2031 316084 300280 331888
November 2031 317873 300072 335674
December 2031 319935 290821 349049
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 322011 305588 338433
February 2032 324100 306274 341925
March 2032 326202 299780 352625
April 2032 328318 305993 350644
May 2032 330448 302360 358536
June 2032 332112 301558 362666
July 2032 332605 309988 355222

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.