March 2024

Spencer Housing Market Report Worcester County, Massachusetts

Report Updated 18 Days Ago

Housing Prices in Spencer, MA

How much do homes in Spencer, MA cost?

Median List Price

$395,900

$223/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$20,900(+5.6%)

Key Takeaway

The list price of homes in Spencer has increased by 5.6% since last year.

Summary: The median home list price in Spencer was $395,900 in March 2024, up 5.6% from the previous year, and the median price per square foot was $223.

Median List Price By Bedroom Count

# BEDS# BEDROOMS	Mar 2023	Mar 2024	CHANGE
1 Bedroom	$113.2K	-	N/A
2 Bedrooms	$295K	$317.4K	+7.6%
3 Bedrooms	$389.4K	$412.4K	+5.9%
4 Bedrooms	$407.4K	$406.2K	-0.3%
5+ Bedrooms	$375K	$424K	+13.1%

Summary: Spencer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 13.1%.

Median List Price Compared To Nearby Cities

CITY	Mar 2023	Mar 2024	CHANGE
Charlton	$439.5K	$499.7K	+13.7%
Paxton	$420K	$459.5K	+9.4%
Leicester	$369.9K	$399.9K	+8.1%
Spencer	$375K	$395.9K	+5.6%
Rochdale	$412K	$420K	+1.9%

Housing Supply in Spencer, MA

How many homes are available in Spencer, MA?

Number of Homes For Sale

Feb 2024	Mar 2024	CHANGE
19	20	+5.3%

Summary: The Spencer real estate market had 20 homes for sale in March 2024, a 5.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Feb 2024	Mar 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	6	6	0.0%
3 Bedrooms	8	7	-12.5%
4 Bedrooms	4	4	0.0%
5+ Bedrooms	1	3	+200.0%

Summary: The Spencer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Days on Market for Spencer, MA

How long does it take to sell a home in Spencer, MA?

Average Listing Age

Mar 2023	Mar 2024	CHANGE
99 Days	52 Days	-46.9%

Summary: Homes in Spencer had an average listing age of 52 days in Mar 2024, down by 46.9% compared to the previous year.

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

Report Updated 18 Days Ago

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Newest Listings in Spencer, MA

What homes are available in Spencer, MA?

See More Listings

$339,000

$4,026 Closing Credit

1,900 SqFt

12 Dale St, Spencer MA, 01562

Donna Flannery

Listing Office:

ERA Key Realty Services- Spenc

#73226113

$299,900

$3,561 Closing Credit

1,311 SqFt

48 Mechanic St, Spencer MA, 01562

Chase Joinville

Listing Office:

The DiRoberto Group Inc.

#73223809

4 bedrooms, 3 full baths, 1 partial house for sale

$1,013,000

$10,000 Closing Credit

3 Full, 1 Partial

5,700 SqFt

21 Bond St, Spencer MA, 01562

Donna Flannery

Listing Office:

ERA Key Realty Services- Spenc

#73223797

$947,000

$10,000 Closing Credit

3 Full, 1 Partial

5,700 SqFt

21 Bond St, Spencer MA, 01562

Donna Flannery

Listing Office:

ERA Key Realty Services- Spenc

#73219938

$875,000

$10,000 Closing Credit

2,262 SqFt

106 Mccormick Rd, Spencer MA, 01562

Lynda Hafner

Listing Office:

ERA Key Realty Services- Spenc

#73212612

$245,000

$2,909 Closing Credit

1,060 SqFt

2 Crestview Dr Unit 47, Spencer MA, 01562

Mary Hicks

Listing Office:

Century 21 North East

#73215559

$699,900

$8,311 Closing Credit

3,305 SqFt

5 Debbie Dr, Spencer MA, 01562

Amy Ekleberry Perro

Listing Office:

Michael Toomey & Associates, Inc.

#73213658

Backup Offers

$409,900

$4,868 Closing Credit

1,380 SqFt

6 Washburn Dr, Spencer MA, 01562

Carl Anderson

Listing Office:

Century 21 XSELL REALTY

#73206407

$220,000

Land

6.08 Acres

4A Eagleton St, Spencer MA, 01562

Lisa Caron

Listing Office:

Lisa Caron Real Estate LLC

#73193970

$229,900

$2,730 Closing Credit

3,480 SqFt

12 N Brookfield Rd, Spencer MA, 01562

Carolyn Bassett

Listing Office:

RE/MAX Host of Homes

#73190651

$59,900

Land

0.36 Acres

0 Main St, Spencer MA, 01562

Michael Toomey

Listing Office:

Michael Toomey & Associates, Inc.

#73187452

$399,900

Land

10.18 Acres

LOT00000 Donnelly Rd, Spencer MA, 01562

Lee Joseph

Listing Office:

Coldwell Banker Realty - Worcester

#73112250

Nearby Markets to Spencer, MA

What housing markets are near Spencer, MA?

MLS Disclaimers and Copyright

Based on information from MLS Property Information Network Inc. for the period 04/01/2022 - 04/01/2024

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/19/2024, 11:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.