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Condo Foreclosures in Spencer, MA

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Spencer, MA Foreclosures

How much do homes sell for in Spencer, MA?
The average home price is currently $447,300.
In Spencer, MA, how many homes are available?
There are currently 66 active home listings available in Spencer.
What’s the average rental cost in Spencer, MA?
The average rental price in Spencer is $1,656.
What is the most expensive home in Spencer?
The most expensive home sold in Spencer had a price of $2,633,050.
What is currently the cheapest priced home in Spencer, MA?
The cheapest home for sale in Spencer is priced at $17,506.

Living in Spencer, MA

Spencer, MA, is a small town rooted in community values and outdoor living. With a rich blend of nature and small-town charm, it offers residents a peaceful lifestyle with ample recreational activities. The town's local amenities and schools make it a desirable location for families looking for a welcoming place to call home.

Current Market Conditions in Spencer, MA

As of October 2023, the real estate market in Spencer is characterized by moderate activity. Home prices have generally stabilized over the past few months, with an increased demand for properties in suburban areas due to growing interest from buyers seeking more space and a quieter environment.

There has been a notable increase in listings in the lower to mid-price range, with families looking to move into the area for its educational offerings and community feel. Conversely, luxury properties have experienced slower turnover, reflecting a broader trend seen in many suburban markets.

Home Value Estimator For Spencer, MA

There are currently 3,922 real estate properties in Spencer, MA, with a median automated valuation model (AVM) price of $416,404.00. 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, MA, 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, MA, is $447,300.00, with the most expensive house in Spencer, MA, topping out at $2,633,050.00 and the cheapest home in Spencer, MA, clocking in at $17,506.00. In other words, there’s something for every potential homebuyer or savvy investor in Spencer, MA!

Rent Prices In Spencer, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spencer, MA, is on a rollercoaster ride. The average rent price in Spencer, MA, is $1,656.00. Indeed, when looking to rent in Spencer, MA, you can expect to pay as little as $780.00 or as much as $2,720.00, with the average rent median estimated to be $1,670.00. The good news is that finding an affordable and desirable property to rent in Spencer, MA -- 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, MA Condos


Market Trend for Spencer, MA

Total Listings Available: 66

Market Values:

Home Prices from $17,506 to $2,633,050

Average Sales Price: $447,300

Rental Values:

Rental from $780 to $2,720

Average Rent Value: $1,656 / month

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