New - 7 hours on RocketVideo tour
$2,909 Closing Credit¹
Patricia Vaal, Listing Office: Key Associates Signature Realty
Spencer County Housing Market Report December 2024•Spencer County, Indiana
Housing Prices in Spencer County, IN
How much do homes in Spencer County, IN cost?
Housing Market Conditions
Is Spencer County, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Spencer County is a Seller's Market
Difference Since November 2024
Last month, Spencer County has remained a Seller's Market.
Insight
Spencer County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$276,000$168/SqFt
-$4,500
-1.6%
Based on all homes sold in December 2024
Insight
Homes in Spencer County have sold for 1.6% less than they did a month ago.
Summary: The median home sold price in Spencer County was $276,000 in December 2024, down 1.6% from last month, and the median price per square foot was $168.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Warrick County | $295K | $318.5K | +8.0% |
| Spencer County | $280.5K | $276K | -1.6% |
| Perry County | $146.5K | $137K | -6.5% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $78.9K | $151.9K | +92.5% |
| 33 Bedrooms | $280.5K | $276K | -1.6% |
| 44 Bedrooms | $443.5K | $350K | -21.1% |
| 55+ Bedrooms | $515K | $500K | -2.9% |
Summary: Spencer County housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +92.5%. The home price for 3 bedroom homes decreased by -1.6%. The home price for 4 bedroom homes decreased by -21.1%. The home price for 5 bedroom homes decreased by -2.9%.
Housing supply in Spencer County, IN
How many homes are available in Spencer County, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 43Last MonthDec 2024 | ||
| 472 months agoNov 2024 | -8.5 % Change MoMNov – Dec |
Summary: The Spencer County real estate market had 43 homes for sale in Dec 2024, a 8.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthDec 2024 | ||
| 122 months agoNov 2024 | -8.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 11 | 9 | -18.2% |
| 33 Bedrooms | 25 | 23 | -8.0% |
| 44 Bedrooms | 7 | 7 | 0.0% |
| 55+ Bedrooms | 3 | 2 | -33.3% |
Summary: Spencer County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -18.2%. The inventory for 3 bedroom homes decreased by -8.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Spencer County, IN cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in Spencer County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Spencer County in December 2024, down by 8.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and and 18% were sold over asking.
Days on Market for Spencer County, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Spencer County, IN
What homes are available in Spencer County, IN?
New - 10 hours on Rocket
Donna Lynam, Listing Office: Donna Lynam Realty LLC
New - 7 days on RocketVideo tour
$4,714 Closing Credit¹
Charles Butler, Listing Office: KELLER WILLIAMS CAPITAL REALTY
$4,571 Closing Credit¹
Kari Schaefer, Listing Office: Key Associates Signature Realty
Video tour
$3,830 Closing Credit¹
Jennifer Duckworth, Listing Office: KELLER WILLIAMS CAPITAL REALTY
Video tour
Zach Holt, Listing Office: Whitetail Properties Real Estate
Video tour
Evan Lattner, Listing Office: Midwest Land & Lifestyle LLC
Video tour
$7,469 Closing Credit¹
Trae Dauby, Listing Office: Dauby Real Estate
Video tour
$1,186 Closing Credit¹
Cheryl Arnold, Listing Office: CENTURY 21 ARNOLD & ASSOCIATES
Video tour
Zach Holt, Listing Office: Whitetail Properties Real Estate
$2,255 Closing Credit¹
Kara Hinshaw, Listing Office: Key Associates Signature Realty
Video tour
$3,800 Closing Credit¹
Jacob Winkler, Listing Office: Key Associates Signature Realty
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 11/01/2024 - 01/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.