Median Home Value
$330,000
Median Gross Rent
$987/mo
Homeownership Rate
87.9%
Rent as Share of Income
11.5%
Vacancy Rate
5.2%
Median Year Built
2000
Home Price Index (FHFA)
Home prices in Spencer County have risen 247% since 1992, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$966
1 Bedroom
$1,047
2 Bedroom
$1,272
3 Bedroom
$1,625
4 Bedroom
$1,891
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.