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Featured local agent — Spencerville, MD
Sarah Mitchell
Compass Real Estate · Spencerville, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spencerville, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$725,000median sale price
How is the Spencerville, MD housing market right now?
The median home sale price in Spencerville, MD is $725,000. Homes sell in an average of 34 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spencerville a buyer's or seller's market?
Spencerville, MD is currently a strong seller's market, based on 0.3 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
34
Average pace
Active listings
1
0.3 months supply
Sale-to-list
103.0%
Above asking
What does the Spencerville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $725,000 |
| Average days on market | 34 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 103.0% |
| Median price per sq ft | $257/sq ft |
| Homes sold (latest month) | 3 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Spencerville by property type?
How the Spencerville, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $725,000 | $257/sq ft | 3 | 34 days |
Source: Redfin · Updated monthly
The Spencerville housing market is currently classified as a strong seller's market with a median sale price of $725,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 34 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Spencerville
There are currently 1 homes listed for sale in Spencerville, Maryland.
Active listings
1
Homes on market
Avg. days on market
34
Days until sale
Who lives in Spencerville?
Population
1,433
Median age
42.4 years
Owner-occupied
90.4%
College grads
43.2%
Avg commute
31.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Spencerville?
Zillow home value
$777,909
Source: Zillow Research
What is it like to live in Spencerville?
Spencerville is a community of approximately 1K residents with a median age of 42.4 years. 43.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 90.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Spencerville offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Spencerville, MD?
Want a head-to-head view? Compare Spencerville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spencerville?
The median home sale price in Spencerville is $725,000, down 0.0% from last year.
How long do homes stay on market in Spencerville?
Homes typically spend 34 days on market before going under contract.
Is Spencerville a buyer's or seller's market?
With 0.3 months of supply, Spencerville is currently a strong seller's market.
What is the Zillow home value estimate for Spencerville?
The Zillow Home Value Index (ZHVI) for Spencerville is $777,909, representing the typical home value in the area.
How much does a single-family home cost in Spencerville?
The median single-family home price in Spencerville, MD is $725,000 (about $257 per square foot).
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