Housing & Real Estate — Spencer, Indiana
Overview
| Total Housing Units | 1,240 |
|---|
| Occupied | 1,079 |
|---|
| Vacant | 161 |
|---|
| Owner-Occupied | 708 |
|---|
| Renter-Occupied | 371 |
|---|
| Median Home Value (Census) | $162,900 |
|---|
| Estimated 2026 | ~$176,000 |
|---|
| Median Rent | $860/mo |
|---|
| Median Property Tax | $1,151/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 21.3% |
|---|
| Severely Rent-Burdened | 34.2% |
|---|
Housing Age
| Built 2010 or later | 17 |
|---|
| Built 2000-2009 | 37 |
|---|
| Built 1990-1999 | 62 |
|---|
| Built before 1960 | 845 |
|---|
| Median Year Built | 1951 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
