Spencer

Tucked into Medina County's rural landscape, Spencer is a small Ohio village where the housing market reflects its tight-knit, owner-focused community. With a population of 603 and an owner-occupancy rate of 78.3%, most residents here put down roots rather than rent. The current market shows 13 active listings, with a median home price of $142,500 and a price per square foot of $152. Average homes run approximately 2,075 square feet, offering meaningful space relative to the price point. Median household income sits at $55,250, keeping the local price-to-income ratio relatively accessible compared to many Ohio markets. Families with children are served by the Roane WVCSD school district. The limited inventory reflects both the village's size and the tendency of homeowners to stay put once established. Buyers seeking more square footage at lower price points than larger Ohio metros may find Spencer worth a closer look.

Market description generated from current MLS and U.S. Census data.