Spencer

Tucked into Medina County, this small village of 603 residents presents a tight but accessible housing market with only 7 active listings currently available. The median home price sits at $235,000, with buyers paying roughly $150 per square foot for properties that average 2,208 square feet, offering relatively spacious floor plans at that price point. A high owner-occupancy rate of 78.3% reflects a stable, settled community where residents tend to put down roots rather than cycle through rentals. The median household income of $55,250 positions the local buyer pool as moderately income-constrained, which likely contributes to the measured pricing relative to broader Northeast Ohio suburban markets. Families with children would be served by the Black River Local School District. The limited inventory means competition for available homes can move quickly, and prospective buyers should be prepared to act decisively when suitable properties enter the market in this rural Medina County community.

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