Spencer County, IN Housing Market Brief
county · IN · score computed October 2026
What is Spencer County, IN’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 2 of 5 (population 9,816–20,389) · comparable within its band
Where is Spencer County, IN in its market cycle?
Spencer County, IN is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Spencer County, IN?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Spencer County, IN housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $306K | ▲ +53.2% | Redfin |
| Median Days on Market | 28 days | ▲ +115.4% | Redfin |
| Months of Supply | 2.9 | ▼ -19.4% | Redfin |
| Homes for Sale | 60 | ▲ +27.7% | Redfin |
| Homes Sold | 21 | ▲ +61.5% | Redfin |
| Median Price / Sq Ft | $172 | ▲ +31.6% | Redfin |
How has Spencer County, IN’s Alpha Score moved?
Markets like Spencer County, IN
- Charles Mix County, SD, SDcounty58
- Madison County, IA, IAcounty54
- West Baton Rouge Parish, LA, LAcounty59
- Jefferson County, KS, KScounty53
- Seward County, NE, NEcounty52
- Warren County, IA, IAcounty55
- Greenlee County, AZ, AZcounty63
- Saunders County, NE, NEcounty53
- Saline County, NE, NEcounty53
- Henry County, AL, ALcounty59
Frequently asked questions
Is Spencer County, IN a buyer's or seller's market?
In the scores computed October 2026, Spencer County, IN is classified as a Balanced Market, based on its Alpha Score of 58 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Spencer County, IN?
The median sale price in Spencer County, IN is $306K, having risen 53.2% over the past year, according to Redfin.
How affordable is Spencer County, IN?
Spencer County, IN scores 71 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Spencer County, IN's Alpha Score?
Spencer County, IN's strongest dimension is Inventory Health (85/100) and its weakest is Price Momentum (20/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Spencer County, IN? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.