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Foreclosure Homes in Spencerville, OH 45887

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Spencerville, OH Foreclosures

How much do homes sell for in Spencerville, OH?
The average home price is currently $206,307.
In Spencerville, OH, how many homes are available?
There are currently 5 active home listings available in Spencerville.
What’s the average rental cost in Spencerville, OH?
The average rental price in Spencerville is $1,168.
What is the most expensive home in Spencerville?
The most expensive home sold in Spencerville had a price of $2,097,447.
What is currently the cheapest priced home in Spencerville, OH?
The cheapest home for sale in Spencerville is priced at $11,385.

Living in Spencerville, OH

Spencerville, OH, is a picturesque village offering a peaceful and welcoming environment. With a focus on community and outdoor activities, it's a great place for families and nature lovers alike. Local schools provide quality education, contributing to the village's appeal for residents.

Current Market Conditions in Spencerville, OH

The real estate market in Spencerville is characterized by stable prices with a slight increase in demand over the past year. This small village is appealing for first-time homebuyers and those looking to invest in rental properties due to the lower cost of living compared to nearby urban areas.

As more people seek the tranquility of rural living, home values in Spencerville have shown signs of steady growth and a healthy market for both buyers and sellers.

Home Value Estimator For Spencerville, OH

There are currently 1,677 real estate properties in Spencerville, OH, with a median automated valuation model (AVM) price of $174,702.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spencerville, OH, 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 Spencerville, OH, is $206,307.00, with the most expensive house in Spencerville, OH, topping out at $2,097,447.00 and the cheapest home in Spencerville, OH, clocking in at $11,385.00. In other words, there’s something for every potential homebuyer or savvy investor in Spencerville, OH!

Rent Prices In Spencerville, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spencerville, OH, is on a rollercoaster ride. The average rent price in Spencerville, OH, is $1,168.00. Indeed, when looking to rent in Spencerville, OH, you can expect to pay as little as $480.00 or as much as $1,880.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Spencerville, OH -- 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.

Spencerville, OH 45887 Foreclosures

Market Trend for Spencerville, OH

Total Listings Available: 5

Market Values:

Home Prices from $11,385 to $2,097,447

Average Sales Price: $206,307

Rental Values:

Rental from $480 to $1,880

Average Rent Value: $1,168 / month

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