Home › Counties › Spencer County, IN
The median home value in Spencer County, IN is $232,541 as of 2026-07-31, up 4.42% from a year earlier.
Median Home Value
$232,541
Year-over-Year
+4.42%
National Rank
#1561 of 3071
Spencer County ranks 47th out of 92 counties in IN by median home price, and is -0.8% below the U.S. national median of $234,352. Within IN, the typical county has a median home value of $233,695, making Spencer County -0.5% below the IN state median.
Households here earn a median of $74,506 a year against a typical home value of $232,541 — a price-to-income ratio of 3.1×, above the 3× level usually considered comfortable, but below 5×. That is less affordable than roughly 31% of U.S. counties. (How this is calculated.)
The median home value in Spencer County is $232,541. That's up 4.42% from a year earlier. That is about 0.8% below the U.S. national county median of $234,352, and makes Spencer County the 47th most expensive of 92 counties in Indiana.
Median household income here is $74,506, so a typical home costs about 3.1× annual household earnings — moderately expensive compared with other U.S. counties.
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