Market Report
Spencer, MA Housing Market
The median sale price is $560,000 (+60.0% year over year). Homes are selling in a median of 19 days.
Prices & Activity
Median Sale Price
$560K
+60.0% YoYDays on Market
19
-38 days YoYMonths of Supply
1.7
+1.3 mo YoYActive Inventory
5
+150.0% YoYSale-to-List
100.5%
+0.2 pts YoYSource: Redfin Data Center (through Jan 2026)
Median Sale Price — Spencer, MA
Days on Market — Spencer, MA
Growth & Supply
Population
867,788
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003) — Worcester County
Median Household Income
$96K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013) — Worcester County
Renter-Occupied Homes
34.2%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003) — Worcester County
Migration — Worcester County
Avg income of movers (latest year): in $78K · out $84K
IRS Statistics of Income, County-to-County Migration Data (through 2023)
Unemployment Rate — Worcester County
Most recent month is preliminary and subject to revision
U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Jun '26)
New Construction Permits — Worcester County
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)