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Rent To Own Homes in Spencer, IN

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Spencer, IN Foreclosures

How much do homes sell for in Spencer, IN?
The average home price is currently $267,133.
In Spencer, IN, how many homes are available?
There are currently 1 active home listings available in Spencer.
What’s the average rental cost in Spencer, IN?
The average rental price in Spencer is $1,059.
What is the most expensive home in Spencer?
The most expensive home sold in Spencer had a price of $2,683,046.
What is currently the cheapest priced home in Spencer, IN?
The cheapest home for sale in Spencer is priced at $10,349.

Living in Spencer, IN

Spencer, Indiana is a charming small town known for its community spirit and outdoor recreational opportunities. With excellent schools and easy access to local amenities, it's an ideal place for families looking for a peaceful lifestyle. The nearby McCormick's Creek State Park enhances the natural beauty and leisure options available to residents.

Current Market Conditions in Spencer, IN

The real estate market in Spencer, IN has shown stable growth over the past year, with a consistent demand for homes driven by families seeking a peaceful community. Prices for single-family homes have remained affordable in comparison to nearby urban areas, encouraging more buyers to consider Spencer as their home.

Recent trends show an increase in interest for homes with larger lots and greater outdoor space, likely influenced by changing preferences for work-from-home setups and outdoor activities.

Home Value Estimator For Spencer, IN

There are currently 4,246 real estate properties in Spencer, IN, with a median automated valuation model (AVM) price of $239,831.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spencer, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Spencer, IN, is $267,133.00, with the most expensive house in Spencer, IN, topping out at $2,683,046.00 and the cheapest home in Spencer, IN, clocking in at $10,349.00. In other words, there’s something for every potential homebuyer or savvy investor in Spencer, IN!

Rent Prices In Spencer, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spencer, IN, is on a rollercoaster ride. The average rent price in Spencer, IN, is $1,059.00. Indeed, when looking to rent in Spencer, IN, you can expect to pay as little as $450.00 or as much as $2,350.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Spencer, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Spencer, IN Rent To Own Homes

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