Spencer

Nestled in Medina County, this small village of 603 residents carries a notably high owner-occupied rate of 78.3 percent, signaling a stable, settled community where long-term ownership is the norm. The current market is tight, with only 6 active listings available, which reflects limited turnover rather than weak demand. The median home price sits at $207,450, with buyers paying approximately $137 per square foot. Homes in the area average 2,344 square feet, offering substantial space relative to the price point. The median household income of $55,250 positions the local buyer pool as moderately income-constrained, making affordability a key factor in purchasing decisions. Families with children are served by the Black River Local School District. For buyers seeking a rural Medina County setting with larger homes at accessible price points, Spencer presents a straightforward value proposition, though limited inventory means serious buyers should move quickly when suitable properties appear.

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