Spencer

Tucked into Medina County, this small Ohio village has a population of 603 residents spread across 259 housing units. Owner-occupied households account for 78.3 percent of the housing stock, reflecting a community where most residents have long-term roots, while renters pay a median gross rent of $832 per month. The housing supply is modest in scale, consistent with the village's compact footprint. Residents who commute to work spend an average of 30.3 minutes each way, suggesting that most employment centers lie outside the village itself. A smaller share of the workforce, about 4.9 percent, works from home. The median household income is $55,250, placing Spencer in a middle range relative to broader regional figures. The combination of a high ownership rate and a relatively small total number of units points to a settled, predominantly residential community where single-family homeownership is the dominant housing arrangement.

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