The Unshakable Investor

Unshakable ZIP Data 47460 | Spencer, IN Housing Market

Spencer · Owen County · Bloomington, IN metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 47460, Spencer, Indiana is $285,915 at $173 per square foot. 29 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 84 days on market with 4.0 months of supply. Sellers are getting 95.0 percent of list price and 0.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$259,037
Average price per sq ft$156
Median sale price$285,915
Median sale price per sq ft$173
Median home size1,656 sq ft
Median new listing price$320,956+18.9%
National size rank9,285

Sales activity

MetricValueYear over year
Homes sold29+3.0%
Median days on market84 days
Months of supply4.0 months
New listings38-3.7%
Active listings65-1.8%
Pending sales39+13.3%

Pricing power

MetricValueYear over year
Average sale-to-list ratio95.0%-2.2 pts
Share sold above list0.0%-17.9 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

1-bedroom
$161,934
2-bedroom
$203,530
3-bedroom
$267,775
4-bedroom
$336,107

These figures describe the single-family market for Spencer, Indiana ZIP 47460. They are market context, not a substitute for sold comps or a formal appraisal.