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Spencer, IN Homes for Sale

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  • /30

    $265,000

    • 4 Beds
    • 2.5 Baths
    • 3,251 Sq Ft

    280 W Hillside Ave, Spencer, IN 47460

    Find old-fashioned charm in this 4-bedroom, 1.5-bath home in Spencer's historic north side. Step onto the stamped concrete front patio and covered front porch before entering inviting living spacesfeaturing hardwood floors, rich original woodwork, and a classic fireplace-the kind of character you can't recreate. The kitchen offers abundant cabinetry, plenty of prep space, and select appliances

    Agent Photo

    Bob Magiera

    Hoosier, REALTORS®

    (812) 301-7975

    280 W Hillside Ave, Spencer, IN 47460
  • /18

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,352 Sq Ft

    3331 Westward Rd, Spencer, IN 47460

    Location, comfort, and convenience all come together in this newly listed home! Situated in an established subdivision with no HOA, this property features county-maintained roads and a desirable setting close to local amenities. This one-level home offers 3 bedrooms and 2 full bathrooms with a functional layout designed for everyday living. Primary Bath has heated tile floor!! The interior

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    (812) 792-2555

    3331 Westward Rd, Spencer, IN 47460
  • /31

    $439,900

    • 6 Beds
    • 3 Baths
    • 3,780 Sq Ft

    1320 Red Cedar Ln, Spencer, IN 47460

    Tucked away on approximately 4.58 acres, this spacious 6-bedroom, 3-bath home offers privacy, versatility, and a convenient location just minutes from Spencer and major highways. The main level features 4 bedrooms and 2 full baths, including a primary suite with walk-in closet and private bath. The kitchen and dining area open to a large back deck, creating a great space for everyday living and

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    (812) 721-2678

    1320 Red Cedar Ln, Spencer, IN 47460
  • /3

    $90,000

    • Land
    • 1.04 Acres
    • $86,372 per Acre

    0 Concord Rd, Spencer, IN 47460

    Opportunity to own a 1.042 acre, m/l parcel of land located in Owen County, with access to natural gas, city water, and electricity, making it well-suited for a variety of potential uses. Property is located on the corner of a busy traffic area, just East of Dollar General and offers a clean slate of possibilities! The property will require installation of a septic system. With essential

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    (812) 472-2178

    0 Concord Rd, Spencer, IN 47460
  • /3

    $90,000

    • Land
    • 1.04 Acres
    • $86,372 per Acre

    00 Concord Rd, Spencer, IN 47460

    Opportunity to own a 1.042 acre, m/l parcel of land located in Owen County, with access to natural gas, city water, and electricity, making it well-suited for a variety of potential uses. Property is located on the corner of a busy traffic area, just East of Dollar General and offers a clean slate of possibilities! The property will require installation of a septic system. With essential

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    (812) 609-8576

    00 Concord Rd, Spencer, IN 47460
  • /19

    $35,000

    • Land
    • 0.42 Acre
    • $83,333 per Acre

    732 W Thornridge Way, Spencer, IN 47460

    Motivated seller! This partially cleared wooded lot is larger than it appears from the street! The survey is attached for reference. Possibility of building a walk-out home on this serene nearly half acre lot in upscale Thornridge subdivision! So many options with this lot's location! It is less than 30 minutes from the Indiana University campus, 3 minutes to downtown Spencer, and one hour from

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    (812) 441-4131

    732 W Thornridge Way, Spencer, IN 47460
  • /18

    $524,900

    • Land
    • 2.86 Acres
    • $183,467 per Acre

    2.861A State Road 46, Spencer, IN 47460

    Agent Photo

    Chris Clark

    Century 21 Scheetz - Bloomington

    (812) 561-7297

    2.861A State Road 46, Spencer, IN 47460
  • /10

    $361,480

    • Land
    • 51.3 Acres
    • $7,046 per Acre

    1196 Hoot Rd, Spencer, IN 47460

    Discover this 51.32 acres in Owen County, Indiana, offering the perfect blend of income and recreation. With 14.91 acres of productive tillable ground currently rented to a local farmer, this property provides steady income that can also create a prime food source to draw deer from miles away. The remaining 36.4 acres of rolling timber feature natural draws and cuts that make stand placement

    Kyle Scott Hageman Realty Residential

    1196 Hoot Rd, Spencer, IN 47460
  • /36

    $400,000 Open House 4/12

    • 4 Beds
    • 2 Baths
    • 1,947 Sq Ft

    106 Pin Oak Rd, Spencer, IN 47460

    OPEN HOUSE, Sunday April 12, 1-3 pm. Welcome to The Lily, a thoughtfully designed 4-bedroom, 2-bath new construction home in the growing Four Oaks subdivision of Spencer, Indiana. The open-concept layout paired with a split-bedroom floor plan offers the perfect balance of connection and privacy. The kitchen is designed for both everyday living and entertaining, featuring a large island, solid

    Samantha Carver Home Team Properties

    106 Pin Oak Rd, Spencer, IN 47460
  • /36

    $454,900

    • 3 Beds
    • 2.5 Baths
    • 2,822 Sq Ft

    310 Garden Park Cir, Spencer, IN 47460

    Welcome to 310 Garden Park in the heart of Spencer! This beautifully maintained 3-bedroom, 2.5-bath with an office (potential 4th bedroom) home offers the perfect blend of comfort, space, and convenience. Situated on a rare double lot totaling .54 acres, you’ll love the expansive, level yard—ideal for outdoor activities, entertaining, or simply enjoying the peaceful surroundings. Inside, the home

    Judson Casebeer Century 21 Scheetz - Bloomington

    310 Garden Park Cir, Spencer, IN 47460
  • /36

    $399,000 Open House 4/12

    • 3 Beds
    • 2.5 Baths
    • 2,051 Sq Ft

    534 E Dogwood Ct, Spencer, IN 47460

    OPEN HOUSE, Sunday April 12, 1-3 pm. Welcome to The Cypress, a 2,051 sq ft ranch home in the Four Oaks subdivision, tucked away on a quiet cul-de-sac where comfort and style effortlessly meet. This 3-bedroom, 2.5-bath home offers a desirable split-bedroom design with an open living room, kitchen, and breakfast area ideal for everyday living and entertaining. Start your mornings or wind down your

    Samantha Carver Home Team Properties

    534 E Dogwood Ct, Spencer, IN 47460
  • /61

    $425,000

    • 4 Beds
    • 3 Baths
    • 2,350 Sq Ft

    7373 Locust Lake Rd, Spencer, IN 47460

    YOUR HOMESTEAD AWAITS!! Spanning 10 incredible acres, this property offers the perfect mix of 5 wooded acres for exploring and 5 cleared acres for open space and recreation. With two stocked ponds, you'll spend evenings fishing, mornings watching wildlife, and weekends enjoying everything nature has to offer right in your own backyard. The 4 bedroom, 3 full bath home provides plenty of space to

    Jordan Wirth Highgarden Real Estate

    7373 Locust Lake Rd, Spencer, IN 47460
  • /36

    $399,000 Open House 4/12

    • 3 Beds
    • 2 Baths
    • 2,127 Sq Ft

    712 White Oak Rd, Spencer, IN 47460

    OPEN HOUSE, Sunday April 12, 1-3 pm. Welcome to The Alder at 712 White Oak Road in the Four Oaks community, a thoughtfully designed 3-bedroom, 2-bath home filled with functional spaces and stylish finishes. Inside, you'll find a versatile office space and a bright 13x13 sunroom, perfect for working from home, hobbies, or creative pursuits. A generous 12x10 laundry/mudroom with built-in storage

    Samantha Carver HOME TEAM Properties

    712 White Oak Rd, Spencer, IN 47460
  • /27

    $399,000 Open House 4/12

    • 3 Beds
    • 2 Baths
    • 2,220 Sq Ft

    710 White Oak Rd, Spencer, IN 47460

    OPEN HOUSE, Sunday April 12, 1-3 pm. Discover this beautifully crafted 3-bedroom, 2-bath ranch in the sought-after Four Oaks Subdivision, offering 2,220 sq ft of thoughtfully designed single-level living. The Hazel floor plan features an open-concept layout with a split-bedroom design and a 19x8 sunroom that adds flexible living space. The kitchen is both stylish and functional, showcasing quartz

    Samantha Carver Home Team Properties

    710 White Oak Rd, Spencer, IN 47460
  • /36

    $410,000

    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft

    3320 Pine Wood Dr, Spencer, IN 47460

    Peaceful Country Living on 10+ Acres | 3 Bed, 2 Bath Home with Expansive Garage & Scenic Views! Tucked away on a stunning 10.28-acre lot surrounded by mature trees and open pasture views, this serene countryside retreat offers the perfect balance of privacy, space, and comfort. This charming single-story home features 3 spacious bedrooms, 2 full bathrooms, and a generous 4+ car garage perfect for

    Mark Dietel Mark Dietel Realty, LLC

    3320 Pine Wood Dr, Spencer, IN 47460
  • /49

    $385,000

    • 5 Beds
    • 3 Baths
    • 3,321 Sq Ft

    1446 W State Highway 46, Spencer, IN 47460

    With over 3,000 square feet of living space, this beautifully maintained 5-bedroom, 3 full bath home offers the space and versatility you've been looking for. Inside, you'll find two cozy fireplaces, a functional layout perfect for entertaining or relaxing, and generously sized bedrooms. The kitchen and living areas flow effortlessly, with great natural light and room to spread out. Step outside

    Merissa Houston Keller Williams Realty

    1446 W State Highway 46, Spencer, IN 47460
  • /21

    $374,900

    • 4 Beds
    • 3 Baths
    • 3,502 Sq Ft

    45 Flatwoods Rd, Spencer, IN 47460

    Take a look at this 4 bedroom, 3 bath, 3502 sq. ft. Brick Ranch over finished walk-out basement. At the entrance the foyer extends to the living room, dining area and around to the kitchen. The kitchen features a huge island with plenty of counter space, cabinets and storage. There is a door from the kitchen and a sliding patio door from the dining room onto the 16x20 upper deck. The primary

    Chris Wesley RE/MAX Select Associates, Inc.

    45 Flatwoods Rd, Spencer, IN 47460
  • /36

    $375,000 Open House 4/12

    • 3 Beds
    • 2.5 Baths
    • 1,847 Sq Ft

    110 Pin Oak Rd, Spencer, IN 47460

    OPEN HOUSE, Sunday April 12, 1-3 pm. Life in the Four Oaks Subdivision comes with space to breathe, room to gather, and thoughtful design, and 110 Pin Oak Road delivers all three. Built on the Spruce floor plan, this 1,847-square-foot home offers 3 bedrooms, 2 1/2 baths, and an open layout that feels both spacious and welcoming. The heart of the home is the kitchen, where a large island, quartz

    Samantha Carver Home Team Properties

    110 Pin Oak Rd, Spencer, IN 47460
  • /36

    $409,900

    • 3 Beds
    • 2 Baths
    • 2,664 Sq Ft

    752 W Thornridge Way, Spencer, IN 47460

    How would you like to live in this Sparkly new home in one of Owen Counties finest subdivisions. This charming, single level, farmhouse style home sits on a .52 Acre lot and has red vinyl siding with a black metal roof. There are 3 spacious bedrooms, 2 full baths, a huge, attached garage with a workshop, an open concept living, dining, and kitchen area. The Kitchen feature over 25 linear feet of

    Deborah Foutch Owen County Home Company

    752 W Thornridge Way, Spencer, IN 47460
  • /81

    $379,000

    • 4 Beds
    • 2 Baths
    • 2,688 Sq Ft

    9677 W Reeves Rd, Spencer, IN 47460

    Nestled in the hills of Monroe Co, this spacious home offers a unique opportunity to establish your own personal haven. This property presents a canvas ready to capture your imagination and bring your vision to life. Imagine the possibilities within the 2688 square feet of living area, spread across one and a half stories, offering both expansive living spaces and intimate retreats. This home

    Shannon Schoolcraft Keller Williams Indy Metro S

    9677 W Reeves Rd, Spencer, IN 47460
  • /27

    $385,000

    • 3 Beds
    • 2.5 Baths
    • 2,000 Sq Ft

    2830 Hickory Hills Rd, Spencer, IN 47460

    If you’re looking for a breathtaking view that offers you a place to retreat from a busy schedule, come see 2830 Hickory Hills Road, Spencer IN. The land is a ridgetop retreat, offering long range views, occasional breezes and valleys below. The land lays like an orchard, dappled with trees, yet protected by a mature tree line. The residence sits atop the ridge with two porches capturing the

    Amanda Richardson FC Tucker/Bloomington REALTORS

    2830 Hickory Hills Rd, Spencer, IN 47460
  • /29

    $388,900

    • 2 Beds
    • 2 Baths
    • 1,517 Sq Ft

    1845 U S 231, Spencer, IN 47460

    Remodeled home on 3.731 acres. This home has been renovated inside and out. Large eat-in kitchen with island, tons of cabinetry and new stainless appliances, 2 bedrooms on main level, with one being primary bedroom suite, 3rd bedroom on upper level that is 18x11 ,laundry on main, living room goes out onto covered front porch. The dry basement could be finished out and offers a fourth bedroom

    Rene West West & Co., REALTORS

    1845 U S 231, Spencer, IN 47460
  • /17

    $98,100

    • Land
    • 6.54 Acres
    • $15,000 per Acre

    Tract 1 N US Highway 231, Spencer, IN 47460

    6.54 wooded acres offering privacy and a beautiful rural setting. Ideal for your next homesite! Convenient location, just 15 minutes to 1-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great opportunity for peaceful country living with easy access to nearby towns and amenities! Additional acreage available.

    Khloe Anderson Land Pro Realty

    Tract 1 N US Highway 231, Spencer, IN 47460
  • /3

    $54,900

    • Land
    • 0.37 Acre
    • $148,378 per Acre

    127 Walnut Radial, Spencer, IN 47460

    Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you’re well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people

    Rob Ranard Home Team Properties

    127 Walnut Radial, Spencer, IN 47460
  • /16

    $195,000

    • 3 Beds
    • 1 Bath
    • 1,135 Sq Ft

    501 W Jefferson St, Spencer, IN 47460

    This cozy 3 bedroom, 1 bath home featuring 9 foot ceilings that create a spacious and airy feel. Hardwood floors in living room and bedrooms. Enjoy relaxing in the bright sunroom, complete with a hot tub perfect for year-round enjoyment. Convenient detached carport for covered parking.

    William Hurst Carpenter, REALTORS-Bloomington

    501 W Jefferson St, Spencer, IN 47460
  • /19

    $75,000

    • Land
    • 5 Acres
    • $15,000 per Acre

    Tract 7 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    Tract 7 Hudson Hill Rd, Spencer, IN 47460
  • /36

    $300,000

    • 3 Beds
    • 4 Baths
    • 1,400 Sq Ft

    4496 Blue Springs Dr, Spencer, IN 47460

    Great find for those seeking an open floor plan ranch home. This 3 bedroom 2 bath home offers tons of potential with a walkout basement space, garage and detached metal polebarn garage that is 24x36 and has concrete floors. Large main level deck shows off morning sunrises. Spacious 5 acre lot offers a level open space perfect for gardening. The property does allow for horses, fencing and

    Amanda Richardson FC Tucker/Bloomington REALTORS

    4496 Blue Springs Dr, Spencer, IN 47460
  • /9

    $149,900

    • 2 Beds
    • 1 Bath
    • 1,184 Sq Ft

    206 N East St, Spencer, IN 47460

    A charming testament to a bygone era this single family residence graciously offers 1184 square feet of living area, features 2 bedrooms and 1 full bath providing ample room for comfortable daily existence and gatherings. The property is situated upon a generous 3920 square foot lot, presenting a pleasant expanse for outdoor enjoyment and creative landscaping endeavors. With a single story

    Sheila Hubbard Diverse Property Solutions Ind

    206 N East St, Spencer, IN 47460
  • /20

    $149,900

    • Land
    • 10 Acres
    • $14,990 per Acre

    Tract 2 N US Highway 231, Spencer, IN 47460

    10 wooded acres with partial clearing, offering privacy and a beautiful rural setting. Ideal for your next homesite. Convenient location, just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State park. A great opportunity for peaceful country living with easy access to nearby towns and amenities! Additional

    Khloe Anderson Land Pro Realty

    Tract 2 N US Highway 231, Spencer, IN 47460
  • /35

    $859,900

    • 2 Beds
    • 2 Baths
    • 1,290 Sq Ft

    1271 Cedar Ln, Spencer, IN 47460

    The ultimate outdoorsman’s retreat! 68 acres featuring a 4-acre stocked lake with dock, 2BR/2BA cabin with fireplace and lake views, and a 60x30 steel-frame building for all your gear. Established food plots, trail system, and a recent select timber harvest keep the woods healthy and accessible. Deer and turkey are abundant! Secluded yet easy to reach—just south of Spencer and west of

    Gary West RE/MAX Acclaimed Properties

    1271 Cedar Ln, Spencer, IN 47460
  • /16

    $114,900

    • 3 Beds
    • 1.5 Baths
    • 1,500 Sq Ft

    1120 Cedar Ln, Spencer, IN 47460

    This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation

    Ronita Walcott Evergreen Real Estate & Auctions

    1120 Cedar Ln, Spencer, IN 47460
  • /3

    $54,900

    • Land
    • 0.37 Acre
    • $148,378 per Acre

    127 Walnut St, Spencer, IN 47460

    Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you're well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people

    Rob Ranard HOME TEAM Properties

    127 Walnut St, Spencer, IN 47460
  • /36

    $329,900

    • 3 Beds
    • 2 Baths
    • 1,687 Sq Ft

    3865 Bakers School Rd, Spencer, IN 47460

    Beautiful rural setting on nearly 4 acres in eastern Owen County, currently utilized as a small horse farm and offering an ideal opportunity for livestock, equestrian use, or a hobby farm. Enjoy a prime location on a paved road, just 7 miles to Spencer and only 10 miles to the west side of Bloomington, providing the comfort of country living with convenient access to city amenities. The home

    Corey Mauder Century 21 Scheetz - Bloomington

    3865 Bakers School Rd, Spencer, IN 47460
  • /36

    $2,600,000

    • 5 Beds
    • 6 Baths
    • 5,392 Sq Ft

    2034 Dubois Rd, Spencer, IN 47460

    Exceptional 55-acre equestrian and event property in Owen County, offering a rare blend of fenced pastures, wooded acreage, multiple ponds, and miles of trails. Purpose-built facilities include an indoor riding arena, large show-barn complex, hay barn, and multiple pastures-ideal for boarding, training, and private equine use. The estate also features extensive event infrastructure: an arena with

    Marty Zimmerman Encore Sotheby's International Realty

    2034 Dubois Rd, Spencer, IN 47460
  • /21

    $75,000

    • Land
    • 5 Acres
    • $15,000 per Acre

    Tract 6 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    Tract 6 Hudson Hill Rd, Spencer, IN 47460
  • /3

    $25,000

    • Land
    • 2.9 Acres
    • $8,621 per Acre

    1899 Park Hill Dr, Spencer, IN 47460

    Great wooded lots awaiting your new home in Park Hill Estates.

    Christina Hamilton The Stewart Home Group

    1899 Park Hill Dr, Spencer, IN 47460
  • /21

    $149,900

    • Land
    • 10 Acres
    • $14,990 per Acre

    Tract 3 N US Highway 231, Spencer, IN 47460

    10 wooded acres with 3.25 acre clearing, offering privacy and a beautiful natural setting; ideal for your next homesite. Convenient location with 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great opportunity for peaceful country living with easy access to nearby towns and amenities! Additional

    Khloe Anderson Land Pro Realty

    Tract 3 N US Highway 231, Spencer, IN 47460
  • /15

    $249,900

    • 4 Beds
    • 1 Bath
    • 1,360 Sq Ft

    767 Laymon Ave, Spencer, IN 47460

    Spacious 4-bedroom, 1-bath home offering 1,360 sq. ft. of living space, conveniently located just a couple of blocks from Spencer Elementary. This home has seen several updates over the past five years, including a new roof and gutters installed in 2024 and a freshly painted garage in 2025. The oversized one-car garage features a unique sliding door design rather than a traditional overhead door,

    Chris Wesley RE/MAX Select Associates, Inc.

    767 Laymon Ave, Spencer, IN 47460
  • /18

    $149,900

    • Land
    • 10 Acres
    • $14,990 per Acre

    Tract 4 N US Highway 231, Spencer, IN 47460

    10 wooded acres with 3 acre clearing, offering privacy and a beautiful rural setting; ideal for your next homesite! Convenient location, just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great opportunity for peaceful country living with easy access to nearby towns and amenities! Additional

    Khloe Anderson Land Pro Realty

    Tract 4 N US Highway 231, Spencer, IN 47460
  • /33

    $169,900

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    1788 Hancock School Rd, Spencer, IN 47460

    If you are looking for a quiet and peaceful home away from the hustle and bustle, and secluded from most everything yet still close to town, this just might be for you. Home features three bedroom and two bath, large living room, dining room and detached garage on 5.99 acres. Seller just had a new roof installed this year. Home is situated up on the hill and surrounded by trees. There is a small

    Ronita Walcott Evergreen Real Estate & Auctions

    1788 Hancock School Rd, Spencer, IN 47460

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Why Live in Spencer

Spencer, Indiana, is a small town of about 2,400 residents situated amid the hilly and wooded farmland west of Bloomington. Known for its affordability compared to neighboring areas, Spencer features a variety of recreational options and a walkable downtown with local restaurants, boutiques, and other attractions. The town hosts the Owen County Fair and is adjacent to McCormick’s Creek State Park, a popular outdoor destination. Housing in Spencer includes a mix of early 20th-century homes, such as Craftsman, gable-ell, Queen Anne, and American Foursquares, along with modern homes from the 2010s and 2020s. The historic downtown area is characterized by colorful Italianate buildings surrounding the Neoclassical Owen County Courthouse, offering shopping and dining options like Main St Coffee & Kitchen, Chambers Smorgasbord, and Jit’s Thai Bistro. For groceries, residents can visit Walmart and Save A Lot, while the Owen County Farmers’ Market operates from May to September. Recreational amenities include the MYPath Trail System, the Owen County Family YMCA, and McCormick’s Creek State Park, which features over 10 miles of trails, a waterfall, and an Olympic-sized pool. Spencer-Owen Community Schools serve the town, with Spencer Elementary, Owen Valley Middle, and Owen Valley High Schools. The town also hosts various events at the fairgrounds, including the Owen County Fair in July. Indiana State Road 46 connects Spencer to Bloomington, less than 20 miles away, and Terre Haute, about 40 miles away, with Indianapolis International Airport located nearly 50 miles northeast.

Frequently Asked Questions

What is the average home price in Spencer, IN?
Homes for sale in Spencer, IN have an average home price of $229,731.
How many homes have sold over the last 12 months in Spencer, IN?
39 homes have sold in Spencer, IN over the last 12 months.
What are the most popular zip codes in Spencer, IN?
The most popular zip codes in Spencer, IN include 47460, 47433, 47431, 47429 and 47404.
How much do you need to make to afford a house in Spencer?
The median home price in Spencer is $199,900. If you put a 20% down payment of $40,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $43K a year to afford the median home price in Spencer. Learn how much home you can afford with our Home Affordability Calculator.
How are the schools in Spencer, IN?
Spencer, IN has highly rated public and private schools. Some of the best schools in Spencer based on Niche Grades are McCormick's Creek Elementary School, Owen Valley Middle School and Owen Valley Community High School. Browse all the schools in Spencer, IN to learn more.

Home Trends in Spencer, IN

Housing Trends

Median Sale Price
$192,500
Median Single Family Sale Price
$193,000
Median 2 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$143
Number of Homes for Sale
6
Last 12 months Home Sales
39
Months of Supply
1.80
Median List Price
$199,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-12%
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