Spencerville IN Multi Family for Sale

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Spencerville Real Estate

The median home value in Spencerville, IN is $468,000. This is higher than the county median home value of $205,400. The national median home value is $338,100. The average price of homes sold in Spencerville, IN is $468,000. Approximately 89.07% of Spencerville homes are owned, compared to 7.52% rented, while 3.41% are vacant. Spencerville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spencerville real estate agent to arrange a tour today!

Spencerville, Indiana has a population of 3,614. Spencerville is more family-centric than the surrounding county with 45.31% of the households containing married families with children. The county average for households married with children is 31.74%.

The median household income in Spencerville, Indiana is $81,650. The median household income for the surrounding county is $61,456 compared to the national median of $69,021. The median age of people living in Spencerville is 29.3 years.

Spencerville Weather

The average high temperature in July is 83.7 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 37.4 inches per year, with 28.1 inches of snow per year.

Spencerville Real Estate Market Conditions

  • Median sales price

    $468,000
    15.6% change since last quarter
  • # Active listings

    9
    30-day change

Spencerville Schools and Demographics

Education near Spencerville, IN

Metric City County
High School Graduates 85.2 90.06
College Degree - 2 year 12.05 10.87
College Degree - 4 year 26.2 29.89
Graduate Degree 9.63 7.33
Expenditures per Student 13,321 13,321
Students per Teacher 15.7 15.7

Elementary Schools near Spencerville, IN

School Grades Students P/T Ratio ZIP
James R Watson Elementary School PK - 05 625 22.3 46706
Leo Elementary School 03 - 06 583 20.8 46765
McKenney-Harrison Elementary School KG - 05 552 20.4 46706
Riverdale Elementary School KG - 06 315 18.5 46785
Woodlan Elementary School KG - 06 498 17.8 46797

Middle Schools near Spencerville, IN

School Grades Students P/T Ratio ZIP
Woodlan Primary School KG - 03 286 15.8 46797

High Schools near Spencerville, IN

School Grades Students P/T Ratio ZIP
Leo Junior/Senior High School 07 - 12 1,335 19.1 46765
Woodlan Junior/Senior High School 07 - 12 688 15.8 46797

Demographics near Spencerville, IN

Metric City County
Neighborhood Type Suburban
Population 3,614 381,839
Population Density 102 581
Median Age 29.3 36.1
People per Household 3.5 2.5
Median Household Income 81,650 61,456
Average Income per Capita 38,290 32,079