City:
Spencer, OH
Spencer is a city in the state of ohio with a population of roughly 3,387. It is in Medina County, Ohio the Cleveland-Elyria, OH core-based statistical areas (CBSA), and the Cleveland-Akron-Canton, OH combined statistical area (CSA).Its Zip codes include 44275 .
The Rise and Fall of Spencer, OH's Home Prices
Spencer, Ohio is a small town located in the southwestern corner of the state. The population was just over 2,000 people in 2010. Spencer has a long history as a farming community and it remains an agricultural center today. The town's economy is based largely on agriculture, with some manufacturing and service industries also present. Spencer is also home to several businesses that provide real estate services.
The real estate market in Spencer is very competitive and there are few homes that are available for sale. The average price of a home in Spencer was $130,000 in 2016. The most common type of property sold in Spencer is single-family homes, but there are also some condos and apartments available for sale. There is not much development taking place in Spencer right now, but the town does have plans to expand its boundaries to include more land.
The real estate market in Spencer is very competitive and there are few homes that are available for sale.
Price Index: Cleveland-Elyria, OH
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