Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spencerville area can be challenging. Home prices in Spencerville are now at a median cost of $162,965, lower than the Ohio average of $181,280.
The average cost of rent is $661/mo in Spencerville, primarily driven by the current value of real estate in the Spencerville area. While nearly 44.10% of residents own their homes outright in Spencerville, 21.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spencerville is $4,977 per month. Households that rent pay about 13.27% of their income on rent here. Spencerville's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Needmore, OH: higher priced homes
- Monticello, OH: equally priced homes
- Kemp, OH: higher priced homes
- Buckland, OH: higher priced homes
- Hume, OH: higher priced homes
- Landeck, OH: equally priced homes
- Elgin, OH: less expensive homes
- Glynwood, OH: higher priced homes
- Scotts Crossing, OH: equally priced homes
- Elida, OH: less expensive homes
Cities with Similar Populations
- Saxon, SC: less expensive homes
- Decatur, MS: less expensive homes
- Schuylerville, NY: higher priced homes
- Deep River, CT: higher priced homes
- Schulenburg, TX: equally priced homes
- Deer Lodge, MT: less expensive homes
- Schriever, LA: higher priced homes
- Deerfield, WI: higher priced homes
- DeKalb, TX: less expensive homes
- Meeker, CO: higher priced homes
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