5 bedroom homes for sale in Spencer, IN

2 Listings

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Median Sold Price

$300K

Avg. Sale Time

84 Days

Based on our April 2025 Market Report.

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Spencer, IN Real Estate Market Overview

Browse 2 5 bedroom homes for sale in Spencer, IN. View properties, photos, nearby real estate with school and housing market information. In April 2025 in Spencer, IN there were 17.7% more homes for sale than in March 2025. In April 2025 median list price was $300,000 and the average listing age was 84 days. In April 2025, from all listings sold in Spencer, IN there were more than 1 sold above asking price, over 6 sold below and more than 3 were sold right at the asked price.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Spencer, IN

Spencer is located in Owen County, Indiana. There are roughly 1,454 residents, living in 633 households. The average temperature for Spencer this time of the year is low of 51F and high of 74F. On average, Spencer gets about 4.93 inches of precipitation in May. Most residents are home owners (61%), have a high school diploma (64%) and are single, no kids (46%).

Data provided by Home Junction

Schools near Spencer, IN

Elementary Schools

  • Spencer Elementary School

    151 E Hillside Ave

    Public District PK-6

Middle Schools

  • Owen Valley Middle School

    626 W State Highway 46

    Public District 7-8

High Schools

  • Owen Valley Community High School

    622 W State Highway 46

    Public District 9-12

Data provided by Great Schools

Housing market reports in Owen County

Homes for sale near Spencer, IN

Top real estate cities in Indiana

MLS Disclaimers & Copyright

IDX 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: 5/8/2025, 8:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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