Home prices
Spencerville's median home value is $91,800. Compared to nearby areas it is roughly $11,700 (11%) lower.It is approximately $125,700 (57%) lower compared to the country as a whole, and it is approximately $11,000 (13%) higher in comparison to the city of Toledo.
Rents
In Spencerville the median monthly rent is $656. This is roughly $205 (23%) lower in comparison to nearby areas.Compared to the rest of the country it is approximately $406 (38%) lower, and it is about $69 (9%) lower in comparison to the city of Toledo.
Nearby places
Venedocia
Venedocia is approximately 6 miles northwest of Spencerville. The real estate prices there are significantly less expensive. The median home in Venedocia is valued at $67,000, which works out to $24,800 (37%) lower than Spencerville. Its rents are somewhat more expensive. The median rent in Venedocia is $738 per month, which works out to $82 (11%) higher than Spencerville.
Buckland
Buckland is about 7 miles southeast from Spencerville. Its housing prices are a bit less expensive. The median home cost in Buckland is $84,400, which works out to $7,400 (8%) lower than Spencerville. Its rents are substantially more expensive. In Buckland the median monthly rent is $969, which works out to $313 (32%) higher than Spencerville.
Mendon
Mendon is about 7 miles west of Spencerville. Housing prices there are a little less expensive. The median home in Mendon costs $77,200, which is $14,600 (18%) lower than Spencerville. Its rents are a bit more expensive. The median monthly rent in Mendon is $820, which comes out to $164 (19%) higher than Spencerville.
Elida
Elida is about 8 miles northeast of Spencerville. Housing prices there are a lot more expensive. The median home in Elida costs $154,400, which is $62,600 (40%) higher than Spencerville. Rents there are substantially more expensive. In Elida the median rent is $1,040 a month, which works out to $384 (36%) higher than Spencerville.
Fort Shawnee
Fort Shawnee is about 9 miles east from Spencerville. Its real estate prices are somewhat more expensive. Fort Shawnee's median home price is $134,500, which works out to $42,700 (31%) higher than Spencerville. Rent there is a little more expensive. In Fort Shawnee the median rent is $737 per month, which is $81 (10%) higher than Spencerville.
