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Spencer Market Report

$317,279

AVERAGE PRICE OF 43 HOMES

$109,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,700,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$127,500

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$239,900

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $317,279
Avg Bedrooms 1.86 beds
Avg Bathrooms 1.49 baths

Average Price by Bedrooms

2 bedrooms $161,471
3 bedrooms $249,516
4 bedrooms $768,816
Spencer Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 32 32 32 30 29
Average Price $306,268 $290,081 $286,432 $275,552 $245,304
Avg Price Change +5.58% +1.27% +3.95% +12.33% +8.09%
Median Price $125,577 $129,333 $131,160 $132,774 $143,911
Med Price Change -2.99% -1.41% -1.23% -8.39% +13.92%
Avg Bedrooms 1.95 beds 1.91 beds 1.9 beds 1.79 beds 1.81 beds
Avg Bathrooms 1.54 baths 1.5 baths 1.46 baths 1.39 baths 1.35 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 43 $317,279 97 days
Distressed Homes 1 $109,900 142 days
Multi-Million Dollar Homes 3 $1,700,000 318 days
Newly Built Homes 1 $127,500 8 days
Reduced Price Homes 1 $239,900 78 days
HomeSmart Realty Group
Phillip Hawkins
7620 US 31 S
Indianapolis, IN 46227
317-889-9999

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.