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Featured local agent — Spencer, NY
Sarah Mitchell
Compass Real Estate · Spencer, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spencer, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$400,000median sale price
How is the Spencer, NY housing market right now?
The median home sale price in Spencer, NY is $400,000, up 153.2% year-over-year. Homes sell in an average of 16 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of January 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spencer a buyer's or seller's market?
Spencer, NY is currently a leaning buyer's and homes selling in about 16 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
16
Fast-moving
Active listings
—
Sale-to-list
85.3%
Below asking
What does the Spencer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $400,000 |
| Year-over-year price change | +153.2% |
| Average days on market | 16 days |
| Sale-to-list price ratio | 85.3% |
| Median price per sq ft | $150/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Spencer by property type?
How the Spencer, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $400,000 | $150/sq ft | 1 | 16 days |
Source: Redfin · Updated monthly
The Spencer housing market is currently classified as a leaning buyer's with a median sale price of $400,000. Prices have risen 153.2% compared to last year, with homes spending an average of 16 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Spencer
Explore homes currently listed for sale in Spencer, New York across major real estate platforms.
Who lives in Spencer?
Population
848
Median income
$50,682/yr
Median age
34.5 years
Owner-occupied
62.6%
College grads
25.2%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Spencer?
Spencer is a community of approximately 1K residents with a median age of 34.5 years.The median household income is $50,682, which represents a working-class community with solid middle-income opportunities. 25.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.6%, showing a blend of owner and renter-occupied properties. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spencer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Spencer?
2 schools tracked · 471 students
The largest public schools serving Spencer, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
SPENCER-VAN ETTEN HIGH SCHOOL
Grades 9-12 · 241 students
SPENCER-VAN ETTEN MIDDLE SCHOOL
Grades 5-8 · 230 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Spencer, NY?
Want a head-to-head view? Compare Spencer side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spencer?
The median home sale price in Spencer is $400,000, up 153.2% from last year.
How long do homes stay on market in Spencer?
Homes typically spend 16 days on market before going under contract.
What is the median income in Spencer?
The median household income is $50,682 per year.
How much does a single-family home cost in Spencer?
The median single-family home price in Spencer, NY is $400,000 (about $150 per square foot).
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