Current Price

$306,196

1 Month Forecast

â–² $322,998

1-Year Forecast *

â–² $331,277

5-Year Forecast *

â–² $376,506

"Is it a good time to buy homes in Spencer?" "Does investing in real estate in Spencer (Ohio State, Medina County) worth it?" According to our live Forecast System, buying a house in Spencer is a acceptable 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 Ohio State, Medina 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 306,196 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spencer" area is 376,506 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +22.96% meaning that investing 100000 USD today may yield a profit of 22,962 USD by 2031.

Current Median Listing Price: 306,196 USD Median Listing Price Per Square Foot: 170 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 (Ohio 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: $331,277* (upside of 8.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $322,158 $321,004 $320,052 $323,556
2024 $289,458 $306,196 $289,458 $306,196
2023 $273,438 $288,548 $271,799 $288,548
2022 $247,338 $275,803 $247,338 $277,955
2021 $231,427 $244,442 $231,427 $249,955
2020 $199,731 $227,635 $199,731 $227,635
2019 $195,716 $198,226 $195,716 $198,226
2018 $184,420 $194,937 $184,420 $194,937
2017 $172,748 $183,269 $172,748 $183,269
2016 $165,669 $171,822 $165,669 $171,822
2015 $156,583 $165,202 $156,583 $165,226
2014 $153,101 $155,583 $153,101 $156,464
2013 $146,147 $153,032 $146,147 $153,083
2012 $148,440 $145,273 $144,792 $148,440

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 $306,196 USD.

What is the average price per square foot in Spencer?

According to Walletinvestor the median price per square foot in Spencer is 170 USD.

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

Yes. The Spencer home prices may rise from 306,196 USD to 331,277 USD in one year.

Is it profitable to invest in Spencer homes?

Yes. The long-term profit potential is +8.19% 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 373,890 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 440,935 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 11532. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Medina, 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 5.255% to 306,196 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 9.231% in 2021
  • 8.551% in 2022
  • 6.891% in 2023
  • 8.801% in 2024
  • 6.351% in 2025
  • 8.401% in 2026

Based on our Spencer real estate market research and report the predicted sales prices will increase by 119.740% in the next 10 years.

Over the last 12 months, the value of homes in Spencer fluctuated: increasing 1 times and decreasing 3 times.

Spencer (Ohio) 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 322998 295543 350453
September 2025 325005 292830 357181
October 2025 327025 297593 356457
November 2025 329057 307668 350446
December 2025 329070 310313 347827
Spencer Housing Market Forecast with Real Estate Prices for 2026
January 2026 327792 311075 344510
February 2026 326520 302357 350682
March 2026 325252 300533 349972
April 2026 325177 297537 352817
May 2026 327198 295132 359263
June 2026 329231 305855 352606
July 2026 331277 300799 361754
August 2026 333335 301335 365335
September 2026 335406 303207 367605
October 2026 337490 307116 367865
November 2026 339588 319552 359623
December 2026 340532 320100 360964
Spencer Housing Market Forecast with Real Estate Prices for 2027
January 2027 339465 319776 359154
February 2027 339300 306727 371873
March 2027 338926 314862 362989
April 2027 337895 316270 359521
May 2027 336584 316725 356442
June 2027 335277 303426 367128
July 2027 335587 310082 361092
August 2027 337672 316399 358946
September 2027 339771 311909 367632
October 2027 341882 313848 369916
November 2027 343637 309617 377657
December 2027 345343 316679 374006
Spencer Housing Market Forecast with Real Estate Prices for 2028
January 2028 347258 323297 371219
February 2028 348926 327641 370210
March 2028 350235 318013 382456
April 2028 351427 321907 380947
May 2028 352536 321513 383559
June 2028 354469 320085 388852
July 2028 356671 330278 383065
August 2028 358888 331253 386522
September 2028 361118 325006 397230
October 2028 363067 332932 393201
November 2028 364998 338718 391278
December 2028 366907 345626 388188
Spencer Housing Market Forecast with Real Estate Prices for 2029
January 2029 368619 336918 400321
February 2029 369449 342110 396789
March 2029 369467 346560 392374
April 2029 370405 349292 391518
May 2029 372707 354071 391342
June 2029 374323 350367 398280
July 2029 373890 353326 394454
August 2029 372438 350837 394040
September 2029 371139 344788 397490
October 2029 370486 343070 397902
November 2029 371588 343719 399457
December 2029 373897 342116 405678
Spencer Housing Market Forecast with Real Estate Prices for 2030
January 2030 376220 344994 407446
February 2030 378558 359630 397486
March 2030 380910 355008 406812
April 2030 380925 360355 401495
May 2030 379446 351367 407525
June 2030 377973 355295 400652
July 2030 376506 354669 398344
August 2030 376419 356469 396369
September 2030 378758 346564 410953
October 2030 381112 345668 416555
November 2030 383480 363155 403804
December 2030 385863 365412 406313
Spencer Housing Market Forecast with Real Estate Prices for 2031
January 2031 388260 352152 424368
February 2031 390673 352387 428959
March 2031 393100 354970 431231
April 2031 394194 361870 426517
May 2031 392959 365452 420466
June 2031 392768 358204 427331
July 2031 392334 368402 416266
August 2031 391141 361415 420868
September 2031 389623 355336 423910
October 2031 388111 355509 420712
November 2031 388470 367881 409058
December 2031 390883 368212 413555
Spencer Housing Market Forecast with Real Estate Prices for 2032
January 2032 393312 368140 418484
February 2032 395756 366866 424646
March 2032 397788 370738 424838
April 2032 399762 368181 431344
May 2032 401980 371831 432128
June 2032 403910 373213 434607
July 2032 405425 370559 440292

> 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.