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 2 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 charming small town that embodies the spirit of New England living. With its scenic beauty, friendly community, and local amenities, Spencer provides a wonderful environment for families and individuals alike. Enjoy outdoor activities, local history, and a strong community vibe in Spencer!
Current Market Conditions in Spencer, MA
The real estate market in Spencer, MA has shown a robust demand over the past year, with home prices steadily increasing. The area's appeal, combined with its location that allows for easy access to urban centers, has drawn many buyers to the market. As of late 2023, the market remains competitive with inventory levels lower than in previous years, making it a favorable time for sellers.
Recent trends display a growing interest in single-family homes, with families moving to Spencer for its community feel and access to nature. Investors are also taking note, as properties in Spencer tend to hold their value well due to the town's reputation and desirable lifestyle.
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.
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