Housing in Spencer, MA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$400,000
Median List Price
$357,450
Price Per Sq Ft
$248
Days on Market
19
Active Inventory
17
Months of Supply
2.4
Seller's market
Zillow Home Value
$421,251
ZHVI — January 2026
Zillow Rent Index
$2,200
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
28.6%
Off Market in 2 Weeks
55.6%
Sale-to-List Ratio
99.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
8
Pending Sales
9
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$248
Median List $/SF
$322
Spencer vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Spencer is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$297,700
Median Rent
$1,052
Total Housing Units
3,153
Vacancy Rate
15.0%
Owner Occupied
40.9%
Renter Occupied
59.1%
Median Property Tax
$3,598
per year
Monthly Cost (w/ Mortgage)
$1,719
Housing Types
The current median sale price in Spencer, MA is $400,000 according to Redfin data. Homes spend a median of 19 days on the market. 28.6% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $248. Zillow's observed rent index is $2,200/month. About 40.9% of housing units are owner-occupied. The median year homes were built is 1944. There are 3,153 total housing units.