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SPENCER, OH 44275

Real Estate Market Report  ·  Medina County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The SPENCER, OH real estate market (44275) currently shows 2 active listings, with 1 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 16 days last year.

The median listing price has fallen 43.6% year-over-year, from $449,900 to $253,725.

Whether you are buying or selling in SPENCER, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,120  ·  Density: 32.5/mi²  ·  Median household income: $89,943

Typical home value: $226,273  ·  Homeownership: 86.1%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$253,725
⇩ 43.6% vs $449,900 last year
Average Price
$274,363
⇩ 39% vs $449,900 last year
Days on Market
49
⇧ 206.3% vs 16 days last year

Price Per Square Foot

Median $/sqft
$168
⇧ 3.1% vs $163/sqft last year
Median Home Size
1,668 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 49 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $253,725 (-43.6% YoY)
  • Average: $274,363 (-39% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.8 miles — 139 listings ($57,242,741 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
44275Spencer, OH 442750.0 mi3$955,950$243,650$318,650
44253Litchfield, OH 442535.6 mi5$2,816,165$522,225$563,233
44880Sullivan, OH 448807.8 mi4$1,510,000$399,900$377,500
44251Westfield Center, OH 4425110.2 mi6$2,459,598$379,900$409,933
44215Chippewa Lake, OH 4421510.6 mi11$3,463,493$243,650$314,863
44214Burbank, OH 4421411.5 mi2$654,500$327,250$327,250
44273Seville, OH 4427312.6 mi20$7,657,580$373,425$382,879
44859Nova, OH 4485913.0 mi4$2,029,800$507,450$507,450
44866Polk, OH 4486613.3 mi5$574,750$114,950$114,950
44074Oberlin, OH 4407414.9 mi27$9,491,283$365,000$351,529
44851New London, OH 4485115.8 mi17$7,607,092$448,000$447,476
44028Columbia Station, OH 4402816.7 mi34$17,902,530$489,000$526,545
44276Sterling, OH 4427617.8 mi1$120,000$120,000$120,000

Frequently Asked Questions

How many homes are for sale in SPENCER, OH 44275?

As of April 2026, there are 2 active listings in SPENCER, OH (zip code 44275), compared to 4 the prior year.

What is the median home price in SPENCER, OH 44275?

The median listing price in SPENCER, OH 44275 is $253,725 as of April 2026, a 43.6% decrease from $449,900 the prior year.

How long do homes stay on the market in SPENCER, OH?

Homes in SPENCER, OH 44275 spend an average of 49 days on the market before going under contract, compared to 16 days the prior year.

Is it a seller's or buyer's market in SPENCER, OH 44275?

Based on current inventory and days-on-market data as of April 2026, SPENCER, OH 44275 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 16 days last year.

How much can I save on real estate commission in SPENCER, OH?

With SELL123.com's maximum 3% commission, sellers in SPENCER, OH 44275 save an estimated $5,075 compared to a typical 5% commission on the median listing price of $253,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.