Is Spencerville, OH 45887 a buyer’s or seller’s market?
Spencerville is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.5Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market68Listing to accepted offer
Median price per sq ft$131▼ −4.2% vs. last year
Run the numbers for 45887
Nearby markets
Beaverdam 45808 — /sq ftBluffton 45817Seller’s market $173 /sq ftDelphos 45833Seller’s market $110 /sq ftHarrod 45850Seller’s market $159 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology