Spencerville IN Multi Family for Sale

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Spencerville Real Estate

The median home value in Spencerville, IN is $493,000. This is higher than the county median home value of $131,100. The national median home value is $219,700. The average price of homes sold in Spencerville, IN is $493,000. Approximately 80.1% of Spencerville homes are owned, compared to 14.52% rented, while 5.38% 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 39.47% of the households containing married families with children. The county average for households married with children is 31.33%.

The median household income in Spencerville, Indiana is $61,528. The median household income for the surrounding county is $51,091 compared to the national median of $57,652. The median age of people living in Spencerville is 35.3 years.

Spencerville Weather

The average high temperature in July is 84.6 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 37.1 inches per year, with 35.2 inches of snow per year.

Spencerville Real Estate Market Conditions

  • Median sales price

    $493,000
    9.57% change since last quarter
  • # Active listings

    8
    30-day change

Spencerville Schools and Demographics

Education near Spencerville, IN

Metric City County
High School Graduates 83.24 89.38
College Degree - 2 year 11.46 10.27
College Degree - 4 year 16.62 27.45
Graduate Degree 2.83 7.09
Expenditures per Student 10,280 10,329
Students per Teacher 16.6 17.7

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 3,614 367,747
Population Density 102 560
Median Age 35.3 35.7
People per Household 3.1 2.5
Median Household Income 61,528 51,091
Average Income per Capita 25,164 26,932