Home prices
The median home in Spencer is valued at $114,700. Compared to its nearby areas this is approximately $6,500 (6%) higher.It is about $102,800 (47%) lower compared to the country as a whole, and it is approximately $36,900 (24%) lower in comparison to the city of Columbus.
Rents
The median monthly rent in Spencer is $731. Compared to its surrounding areas it is about $98 (11%) lower.It is approximately $331 (31%) lower compared to the United States as a whole, and it is about $230 (23%) lower in comparison to the city of Columbus.
Nearby places
Wellington
Wellington is roughly 6 miles northwest from Spencer. Its real estate prices are somewhat more expensive. The median home in Wellington costs $120,800, which works out to $6,100 (5%) higher than Spencer. Rents there are somewhat less expensive. In Wellington the median monthly rent is $603, which is $128 (21%) lower than Spencer.
Lodi
Lodi is roughly 6 miles southeast of Spencer. The real estate prices there are a bit more expensive. The median home in Lodi is valued at $129,000, which works out to $14,300 (11%) higher than Spencer. Its rents are a bit less expensive. The median monthly rent in Lodi is $651, which is $80 (12%) lower than Spencer.
Pheasant Run
Pheasant Run is about 7 miles north from Spencer. Real estate prices there are somewhat less expensive. Pheasant Run's median home cost is $88,600, which is $26,100 (29%) lower than Spencer. The rent there is significantly more expensive. The median rent in Pheasant Run is $1,135 a month, which works out to $404 (35%) higher than Spencer.
Rochester
Rochester is approximately 8 miles west of Spencer. The real estate prices there are pretty similar. The cost of the median home in Rochester is $120,300, which works out to $5,600 (4%) higher than Spencer. Its rents are a little more expensive. In Rochester the median monthly rent is $1,075, which comes out to $344 (31%) higher than Spencer.
West Salem
West Salem is about 8 miles south from Spencer. Its housing prices are significantly less expensive. West Salem's median home value is $82,300, which is $32,400 (39%) lower than Spencer. The rent there is a bit less expensive. In West Salem the median monthly rent is $682, which is $49 (7%) lower than Spencer.
