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Spencerville Housing Market Report July 2025•Allen County, Ohio

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Housing Prices in Spencerville, OH

How much do homes in Spencerville, OH cost?

Housing Market Conditions

Is Spencerville, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Spencerville is a Seller's Market

Difference Since July 2024

Since last year, Spencerville has remained a Seller's Market.

Insight

Spencerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$156,500$120/SqFt
+$21,500
+15.9%

Based on all homes sold in the last 12 months

Insight

Homes in Spencerville have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Spencerville was $156,500 in July 2025, up 15.9% from last year, and the median price per square foot was $120.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Spencer Township
+48.1%
Spencerville
+15.9%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJul 2024Jul 2025Change YoY
1--
N/A
2$72.5K$120K
+65.5%
3$145.7K$148K
+1.5%
4$85K$165K
+94.1%
5-$318.5K
N/A

Summary: Spencerville housing price by bedroom type for July 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +65.5%. The home price for 3 bedroom homes increased by +1.5%. The home price for 4 bedroom homes increased by +94.1%. The home price for 5 bedroom homes did not change.

How does Spencerville, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Spencerville, OH

Housing supply in Spencerville, OH

How many homes are available in Spencerville, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
11Last MonthJul 2025
72 months agoJun 2025
+57.1 %
Change MoMJun – Jul

Summary: The Spencerville real estate market had 11 homes for sale in Jul 2025, a 57.1 % increase compared to Jun 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthJul 2025
22 months agoJun 2025
0.0 %
Change MoMJun – Jul

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJun 2025Jul 2025Change MoM
100
0.0%
211
0.0%
323
+50.0%
425
+150.0%
522
0.0%

Summary: Spencerville housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +150.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Spencerville, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price0 Home

Insight

If you're buying a home in Spencerville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Spencerville in July 2025, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.

Days on Market for Spencerville, OH

How long does it take to sell a home in Spencerville, OH?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days0 Home

Over 90 Days1 Home

Insight

Most homes in Spencerville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During July 2025, 2 homes were sold in Spencerville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
113 DaysThis YearJul 2025
41 Days1 year agoJul 2024
+171.2 %
Change YoYJul 2024 – Jul 2025

Summary: Homes in Spencerville had an average listing age of 113 days in Jul 2025, up by 171.2% compared to the previous year.

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Newest Listings in Spencerville, OH

What homes are available in Spencerville, OH?

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MLS Disclaimers and Copyright

Based on information from West Central Association of REALTORS MLS, and Western Regional Information Systems and Technology Inc. for the period 08/01/2023 - 08/01/2025

Information is provided by West Central Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright 2025 – West Central Association of REALTORS – 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: 8/3/2025, 12:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) 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. Copyright © 2025 Western Regional Information Systems and Technology, Inc. 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: 8/3/2025, 12:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.