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How competitive is the Spencer housing market?

P

Primpted Housing Analyst

Updated monthly · Data through September 2026 · v269

Data-backed
Sold Score
57/100
YoY Fair Chance of Selling
Pending ratio
0.61
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
62
YoY days on market
Price cuts
48.1%
YoY of active listings
Spencer is competitive as of September 2026, with a Sold Score of 57/100 (Fair Chance of Selling). **Pending ratio** is 0.61 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +5.9% — more choices for buyers than a year ago. **Median days on market** is 62. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 48.1% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (September 2026): Sold Score: 57/100 (Fair Chance of Selling) · Pending ratio: 0.61 · Inventory YoY: +5.9% · Median days on market: 62 · Sellers cutting price: 48.1% · Median listing price: $213,675 (+20.4% YoY)

Spencer snapshot

As of the latest 2026 data
Median listing
$214K
YoY +0.2%
Active inventory
54
YoY +0.1%
Median DOM
62
YoY +0.1%
Pending ratio
0.60
YoY +0.2%
Price-reduced
25.6%
YoY +0.1%

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