$199,900
- 3 Beds
- 2 Baths
- 1,568 Sq Ft
3722 Megan Ct, Spencer, IN 47460
Michelle Strunk RE/MAX Select Associates, Inc.
$199,900
3722 Megan Ct, Spencer, IN 47460
Michelle Strunk RE/MAX Select Associates, Inc.
$375,000
7088 Addie Rd, Spencer, IN 47460
Sherri Walstrom Carpenter, REALTORS®
$50,000
3402 W Moore Rd, Spencer, IN 47460
Kimberley Warner Huff Realty Indiana
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.
The median home sale price in Spencer, IN is $190,000, down 7% year-over-year. Homes in Spencer sell in 46 days on average, compared to the national average of 58 days.
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Median Sale Price
$190,000
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Median Single Family Sale Price
$191,500
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Median 2 Bedroom Sale Price
$187,500
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Average Price Per Sq Ft
$138
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Number of Homes for Sale
9
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Last 12 months Home Sales
37
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Months of Supply
2.90
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Median List Price
$199,900
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Median Change From 1st List Price
4%
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Median Home Sale Price YoY Change
-7%
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In Spencer, there are currently 3 mobile homes for sale, offering an affordable housing option for buyers. With mobile homes priced between $50,000 to $375,000, there's a range to accomodate every budget. As of June, 2026 the median home price in Spencer is $199,900, while the average sale price is $193,506, offering insights into the local housing market. On average, mobile homes spend 46 days listed before being sold. Whether you're in the market for manufactured homes for sale or exploring single wide and double wide mobile homes, there are choices to accommodate a range of preferences and budgets. From cozy single wide mobile homes to spacious two-story mobile homes, these properties offer comfortable living options. Browse a variety of mobile homes for sale in Spencer, IN and find the perfect place to call home.