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Spencer, IN Homes for Sale

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  • /18

    $499,900

    $50K PRICE DROP
    • Land
    • 2.86 Acres
    • $174,729 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
  • /22

    $199,000

    $16K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft

    302 E Lewis Ln, Spencer, IN 47460

    Well-maintained 1296 sq. ft. 2-bedroom, 2 bath condo in Spencer. This home offers Living Room, Kitchen and Dining area across the front of the home, walk in closet, laundry room and an open patio out back for your enjoyment. The property has a 23x29 2 car attached garage with a workbench. Roof was replaced in 2025. The HOA fee includes lawn care, snow removal, and trash pick-up.

    Agent Photo

    Michelle Stanger

    Stanger Homes, LLC

    (812) 769-0370

    302 E Lewis 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

    $10K PRICE DROP
    • Land
    • 18,295 Sq Ft
    • $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
  • /10

    $361,480

    $24K PRICE DROP
    • 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
  • /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

    $90,000

    • Land
    • 4.93 Acres
    • $18,256 per Acre

    22 Brooks St Lot C, Spencer, NY 14883

    Beautiful acre lots of flat, fertil land, ideal for the investor, developer, organic farmer or a perfect opportunity to build your dream home. Features road frontage on Brooks Street in the Village of Spencer. Buyer to accept preliminary survey. Lots were subdivided from a larger parcel. May be sold with lot A, 8.332 acres, 359.99 lot frontage and 1,042.49 lot depth, MLS #R1682270

    Nancy King Warren Real Estate of Ithaca Inc. (Downtown)

    22 Brooks St Lot C, Spencer, NY 14883
  • /36

    $399,900

    • 2 Beds
    • 2 Baths
    • 2,130 Sq Ft

    681 Hancock School Rd, Spencer, IN 47460

    Escape to your own peaceful, park-like retreat just minutes from Spencer. This 2 bed, 2 bath home offers approx. 2,130 sqft in a tranquil setting. Welcoming front porch provides the perfect place to relax & take in quiet surroundings. Stunning kitchen stands out w/ custom-built cabinetry, granite countertops, large island, & oversized walk-in pantry. Main level includes bedroom, bath, laundry,

    Samantha Carver Home Team Properties

    681 Hancock School Rd, Spencer, IN 47460
  • /3

    $54,900

    • Land
    • 16,117 Sq Ft
    • $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
  • /13

    $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
  • /16

    $249,900

    • 2 Beds
    • 1 Bath
    • 1,243 Sq Ft

    3125 Braysville Rd, Spencer, IN 47460

    What a find, 11 beautiful acres of forested land and a charming farmhouse with several outbuildings. The property features a nice 1250 sq ft home with 2 BR and 1 full Bath, a two-car detached garage and back yard shed. The home has some recent big-ticket upgrades including a new roof, a plumbing upgrade that included a new well pump and new HVAC system with a heat pump. The property has a nice

    Deborah Foutch Owen County Home Company

    3125 Braysville Rd, Spencer, IN 47460
  • /19

    $75,000

    $13K PRICE DROP
    • 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
  • /13

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,568 Sq Ft

    3722 Megan Ct, Spencer, IN 47460

    Charming 3-bedroom, 2-bath home conveniently located near Bloomington and Spencer. This well-maintained, total-electric home features numerous recent updates, including a new stove, microwave, dishwasher, refrigerator, roof, windows, siding, and gutters. The water heater was replaced in 2021, and the HVAC system with heat pump was installed in 2020 for year-round comfort and energy efficiency.

    Michelle Strunk RE/MAX Select Associates, Inc.

    3722 Megan Ct, 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
  • /36

    $400,000

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

    106 Pin Oak Rd, Spencer, IN 47460

    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 wood cabinetry, stainless steel

    Samantha Carver Home Team Properties

    106 Pin Oak Rd, Spencer, IN 47460
  • /35

    $389,000

    $66K PRICE DROP
    • 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
  • /35

    $349,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft

    2191 Shepard Patrick Rd, Spencer, IN 47460

    Beautiful new construction ranch on 1.7 acres just minutes from town. This 3 bed, 2 bath home offers an open-concept layout with real walnut hardwood floors, quartz countertops, and timeless finishes throughout. Enjoy a private wooded setting with both front and back porches—perfect for relaxing or entertaining. Ideal blend of quality, comfort, and convenience. Don't miss out on the opportunity

    Ashton Hoene F.C. Tucker Company

    2191 Shepard Patrick Rd, Spencer, IN 47460
  • /43

    $280,000

    • 4 Beds
    • 2 Baths
    • 1,374 Sq Ft

    3708 Megan Ct, Spencer, IN 47460

    Situated on 1 acre in a quiet neighborhood, this move-in ready 4-bedroom, 2-bath home offers 1,374 square feet of comfortable living space and a 2-car attached garage. If you've been looking for a home that offers a little extra space & a peaceful country feel without being far from town, this one is worth a look. Inside, you'll find an open-concept layout that makes the most of the space, with

    Samantha Carver Home Team Properties

    3708 Megan Ct, Spencer, IN 47460
  • /36

    $399,000

    $11K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 2,051 Sq Ft

    534 Dogwood E Ct, Spencer, IN 47460

    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 evenings on the expansive covered

    Samantha Carver Home Team Properties

    534 Dogwood E Ct, Spencer, IN 47460
  • /47

    $440,000

    $15K PRICE DROP
    • 6 Beds
    • 3 Baths
    • 3,051 Sq Ft

    981 Denali Dr, Spencer, IN 47460

    Retreat to nearly 9 private acres, just 5 mins from Spencer. Discover room to roam both inside and out- perfect for anyone craving a peaceful escape, space to work or create at home. Enjoy over 3,900 sq ft of move-in ready space, with a sunlit main level, inviting living area w/cozy fireplace, and custom kitchen w/newer appliances and butcher block countertops. You’ll find bedrooms on every

    Brandi Bolin Century 21 Scheetz - Bloomington

    981 Denali Dr, Spencer, IN 47460
  • /44

    $375,000

    • 4 Beds
    • 3 Baths
    • 2,356 Sq Ft

    7088 Addie Rd, Spencer, IN 47460

    Nestled on 7.2 picturesque acres, this beautifully updated 4 bedroom, 3 bath ranch manufactured home offers the perfect blend of modern comfort and country living. With 2,356 square feet of thoughtfully designed living space, you'll appreciate the open layout, abundant natural light, and extensive updates throughout. The heart of the home is the stunning 26' x 15' kitchen featuring quartz

    Sherri Walstrom Carpenter, REALTORS®

    7088 Addie Rd, Spencer, IN 47460
  • /3

    $54,900

    • Land
    • 16,117 Sq Ft
    • $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
  • /61

    $415,000

    $35K PRICE DROP
    • 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

    $2,499,999

    $100K PRICE DROP
    • 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

    $13K PRICE DROP
    • 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
  • /16

    $219,900

    • 3 Beds
    • 2 Baths
    • 1,508 Sq Ft

    427 E Jefferson St, Spencer, IN 47460

    Charming and move-in ready ranch located in the heart of Spencer, directly across from the fairgrounds! This 3-bedroom, 2-bathroom home offers a perfect blend of character and updates, featuring original hardwood floors, freshly painted cabinets and a brand new roof complete with warranty! Weather you're relaxing at home or taking advantage of the convenient location, this home is ready for it's

    Daniel Letman Century 21 Scheetz - Bloomington

    427 E Jefferson St, Spencer, IN 47460
  • /15

    $229,900

    $20K PRICE DROP
    • 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
  • /3

    $259,900

    • Land
    • 14.44 Acres
    • $17,999 per Acre

    1650 State Road 46, Spencer, IN 47460

    This 14.44-acre property offers a unique combination of visibility, access, and natural beauty—just minutes east of downtown Spencer. With approximately 1,200 feet of frontage along State Highway 46, the property provides excellent exposure and convenient access for residential, recreational, or small commercial development. The front portion of the property features level, open acreage ideal for

    Chris Wesley RE/MAX Select Associates, Inc.

    1650 State Road 46, Spencer, IN 47460
  • /35

    $118,170

    $17K PRICE DROP
    • Land
    • 9.09 Acres
    • $13,000 per Acre

    TBD Coon Path Rd, Spencer, IN 47460

    9+ Acres of Woods with scenic Mill Creek running through the Northeast corner of the property. No HOA's or Covenants so bring your dreams and ideas and own a slice of stunning woodlands today.

    Amy Highfield RE/MAX Select Associates, Inc.

    TBD Coon Path Rd, Spencer, IN 47460
  • /2

    $175,000

    $75K PRICE DROP
    • Land
    • 22.29 Acres
    • $7,851 per Acre

    0 Pottersville Rd Unit MBR22046692, Spencer, IN 47460

    22.29 Wooded Acres - A Private Slice of Nature in Owen County, IN Nestled in the heart of scenic Owen County, this 22.29-acre wooded retreat offers the perfect blend of privacy, natural beauty, and rural charm. Located just outside Spencer, Indiana, this property is ideal for outdoor enthusiasts, hunters, or anyone seeking a peaceful escape from the hustle and bustle. With a mix of mature

    Suzzanna Broyles Gemini Realty Grp Inc

    0 Pottersville Rd Unit MBR22046692, Spencer, IN 47460
  • /36

    $399,000

    New Construction
    • 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
  • /2

    $29,500

    • Land
    • 1.27 Acres
    • $23,228 per Acre

    0 Park Hill Dr Unit MBR21824365, Spencer, IN 47460

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

    Christina Hamilton The Stewart Home Group

    0 Park Hill Dr Unit MBR21824365, Spencer, IN 47460
  • /49

    $599,000

    • 3 Beds
    • 2.5 Baths
    • 2,922 Sq Ft

    2636 Country Club Rd, Spencer, IN 47460

    Nestled on 14.38 beautiful, wooded acres, this spacious and well-maintained property offers the perfect blend of privacy, functionality, and country living. At the end of the long blacktop drive through a beautiful hardwood forest, the classic brick home welcomes you with a large covered front porch and 2922 square feet of living space, including 3 bedrooms, 2.5 baths, and a thoughtfully designed

    Brian Sample RE/MAX Acclaimed Properties

    2636 Country Club Rd, Spencer, IN 47460
  • /27

    $399,000

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

    710 White Oak Rd, Spencer, IN 47460

    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 countertops, stainless steel

    Samantha Carver Home Team Properties

    710 White Oak Rd, Spencer, IN 47460
  • /12

    $50,000

    $33K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    3402 W Moore Rd, Spencer, IN 47460

    Opportunity knocks to escape to your own slice of serenity with this 1-acre wooded lot nestled just 10 minutes from Spencer, Indiana. Tucked away on a private road that dead-ends into the state forest, this property offers unmatched privacy and natural beauty. Enjoy nearby adventures at McCormick's Creek State Park, Cataract Falls, and Horseman's Campgroundplus golf just minutes away. The 2-bed,

    Kimberley Warner Huff Realty Indiana

    3402 W Moore Rd, Spencer, IN 47460
  • /35

    $386,900

    • 3 Beds
    • 2 Baths
    • 2,128 Sq Ft

    1845 S US Hwy 231 Hwy, Spencer, IN 47460

    Welcome home to this beautifully remodeled peaceful country property situated on almost 4 acres in Spencer! This charming home offers the perfect blend of modern updates and rural tranquility. Inside, you’ll find a spacious eat-in kitchen featuring an island, abundant cabinetry, and all new stainless steel appliances. The main level includes two bedrooms, including a private primary suite,

    Eweami Powers The Indiana Team LLC

    1845 S US Hwy 231 Hwy, Spencer, IN 47460
  • /49

    $385,000

    $5K PRICE DROP
    • 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

    $50K PRICE DROP
    • 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

Showing Results 1 - 40, Page 1 of 2

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 $220,414.
Are home prices dropping in Spencer?
Yes, home prices in Spencer are down 10% in the last 12 months.
How many homes have sold over the last 12 months in Spencer, IN?
37 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, 47868 and 47429.
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 6.52%, your estimated principal and interest payment would be $1,010 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 Prices in Spencer, IN

Home Price Trends

Median Sale Price
$190,000
Median Single Family Sale Price
$191,500
Median 2 Bedroom Sale Price
$187,500
Average Price Per Sq Ft
$137
Number of Homes for Sale
9
Last 12 months Home Sales
37
Months of Supply
2.90
Median List Price
$199,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-7%
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