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SPENCER, OH 44275

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

Market Analysis

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

The SPENCER, OH real estate market (44275) currently shows 7 active listings, with 1 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 18 days on market compared to 62 days last year.

The median listing price has fallen 23% year-over-year, from $427,450 to $328,975.

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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
7
— vs 7 last year
Pending
1
14% pending ratio
Median Price
$328,975
⇩ 23% vs $427,450 last year
Average Price
$383,580
⇧ 1% vs $379,629 last year
Days on Market
18
⇩ 71% vs 62 days last year

Price Per Square Foot

Median $/sqft
$214
⇧ 32.9% vs $161/sqft last year
Median Home Size
1,623 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 18 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $328,975 (-23% YoY)
  • Average: $383,580 (+1% 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 September 2026, there are 7 active listings in SPENCER, OH (zip code 44275), compared to 7 the prior year.

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

The median listing price in SPENCER, OH 44275 is $328,975 as of September 2026, a 23% decrease from $427,450 the prior year.

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

Homes in SPENCER, OH 44275 spend an average of 18 days on the market before going under contract, compared to 62 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 September 2026, SPENCER, OH 44275 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 18 days on market compared to 62 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 $6,580 compared to a typical 5% commission on the median listing price of $328,975. 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.