Spencer County, IN home prices
Spencer County, IN: the typical home is worth $233,992 as of 2026-05, up +5.2% over the past year and n/a since 2000. Listings run about $152/sq ft. Rent…
Spencer County is cooling and undervalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1998: $106,945 → 2026: $233,992 (2.2×) pre-2000 estimated via FHFA index
Market read
At $233,992, homes in Spencer County sit 0% below the Indiana median ($234,016) and 0% above the US median ($233,954). That ranks #47 of 92 Indiana counties by price.
Prices are holding steady (+5.2% in the last year) — a balanced market.
Homes here move at a steady pace — a median 56 days on the market, with 11% of listings cutting their asking price.
At 3.0× local income, that's more affordable than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~20% cheap for local incomes and rents — a relative bargain.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Warrick County, IN ($293,165) · Hancock County, KY ($207,120) · Daviess County, KY ($219,081) · Perry County, IN ($188,881) · Dubois County, IN ($264,956) · Pike County, IN ($183,217)
Frequently asked questions
What is the average home price in Spencer County, IN?
Are home prices in Spencer County rising or falling?
Is Spencer County affordable?
How fast do homes sell in Spencer County?
| Year | Median home value |
|---|---|
| 2009 | $117,351 |
| 2010 | $112,835 |
| 2011 | $111,970 |
| 2012 | $112,462 |
| 2013 | $111,871 |
| 2014 | $111,899 |
| 2015 | $117,233 |
| 2016 | $124,248 |
| 2017 | $127,668 |
| 2018 | $131,840 |
| 2019 | $143,069 |
| 2020 | $153,039 |
| 2021 | $172,827 |
| 2022 | $196,259 |
| 2023 | $202,660 |
| 2024 | $214,582 |
| 2025 | $222,859 |
| 2026 | $233,493 |