Is Spencer County, IN a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Spencer County is a seller's market


Difference Since Last Month

Since last month, Spencer County has remained a Seller's Market.

Key Takeaway

Spencer County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Spencer County, IN cost?

Median Sold Price



Based on all homes sold in May 2023.

Difference Since Last Month


Key Takeaway

Homes in Spencer County have sold for 4.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023May 2023%
1 --
2 $86.9K$120K
3 $210.2K$353.4K
4 $259.9K$272.5K
5+ --

Median Sold Price Compared To Nearby Counties

Spencer County
Warrick County

How many homes are available in Spencer County, IN?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 01
2 710
3 3240
4 1214
5+ 45

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Spencer County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Spencer County, IN?

About Spencer County, IN

Number of homes for sale in Spencer County, IN real estate market have reached 70. The number of listings in Spencer County, IN increased by 27.3% between April 2023 and May 2023. This housing market listing prices have changed between May 2022 and May 2023: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 38.1% more expensive, prices of 3 bedrooms properties went up by 68.1%, 4 bedrooms properties prices increased by 4.8%, prices of 5 bedrooms properties increased by 0%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 100%, volume of 2 bedrooms homes went up by 42.9%, volume of 3 bedrooms homes went up by 25%, the quantity of 4 bedrooms homes went up by 16.7%, 5 bedrooms homes inventory increased by 25%. In May 2023 more than 3 listings in Spencer County, IN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below.