IN area data
Spencer, IN
Spencer, IN.
Population: 11,006 (Census ACS)
Home values & appreciation
- Median home value
- $256,804
- 1-year appreciation
- +3.5%
- 3-year appreciation
- +11.9%
- 5-year appreciation
- +30.2%
- 10-year appreciation
- +109.4%
- All-time peak (2026-04)
- $258,531
- House Price Index
- 367.2 (+2.9% YoY)
Market activity
- Median sale price
- $286,000
- Median list price
- $323,700
- Median days on market
- 91 days
- Sale-to-list ratio
- 95.0%
- Active listings
- 35
- 1-year forecast
- +0.7%
- New listings (monthly)
- 13
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,156/mo
- 3BR fair-market rent
- $1,502/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 4
- Elementary schools
- 2
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Very Low
- Top hazards
- landslide, strongWind
- FEMA flood zone
- A
- Flood risk level
- High
Climate (30-year normals)
- Average annual temperature
- 57.0°F
- Average high
- 66.0°F
- Average low
- 47.0°F
- Annual precipitation
- 38.9 in
- Annual snowfall
- 8.5 in
Walkability & transit
- Walkability index
- 4.5 / 20
- Transit service frequency
- -99,999
Amenities
- National parks within ~60 mi
- 1
- Nearest national park
- George Rogers Clark National Historical Park (58 mi)
- Nearest airport
- Miller Airport (2 mi)
- Nearest major airport
- Monroe County Airport (BMG) (14 mi)
- Hospitals nearby (~15 mi)
- 2
- Avg hospital rating
- 3.0 / 5
- EV charging stations (within 10 mi)
- 4
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Migration
- Net migration
- +108 tax filers
Housing stock
- Median year housing built
- 1,979
- Median annual property tax
- $1,271
- Mean commute to work
- 24 min
- Households with broadband internet
- 58.7%
Employment & development
- Total county employment
- 4,730
- Average weekly wage
- $1,105
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 116
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →