The story of this market
The typical home in Spencer County, Indiana sells for about $231,000, or $135 per square foot.
Prices are up +2.7% from a year ago, so sellers still have some momentum. Homes take about 94 days to sell, which is slow. Over the long run, values in this county have grown 60% since 2001. Last year 5 of 6 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,014 a month.
HUD sets the fair market rent for a 2-bedroom at $1,014 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2001–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2020 (+8.6%). Worst: 2008 (-2.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.7%
IN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,351
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2001–2025
0%
2025 change
FHFA repeat-sales index, median of 6 census tracts in this county (2001 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
75
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $12,641,137.
Mortgage activity
Home lending in this county
77.5%
2019 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 652 | 302 | 71.6% | 1.9% | $145,000 |
| 2019 | 697▲ | 363▲ | 77.5%▲ | 2.6%▲ | $145,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Spencer County, Indiana
Spencer County's housing market is characterized by steady growth and high homeownership rates, with prices rising moderately year-over-year. The market remains split between entry-level affordability and higher-end inventory, supported by a stable local economy and low unemployment.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 5 cities · 9 ZIP reports
Median prices moved up 0.0% year over year.
Homes spend a median of 66 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.29% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 7.5% — a stable, low-distress profile.
Deterministic aggregate of 5 researched ZIP reports of 9 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Spencer County, Indiana — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Oct 31
researched Sep 22
researched Sep 22
researched Sep 22
| 47523 | Dale | $211,000 | $119 | 0% | 87 | — | — | — | 8 | $858 | researched Sep 22 |
| 47537 | Gentryville | $150,000 | $105 | 0% | 87 | 97% | 15% | 6 | 12 | $717 | researched Sep 22 |
| 47541 | Chrisney | $229,509 | $139 | +4.2% | 45 | 98% | 5% | 4 | 12 | $804 | researched Sep 22 |
| 47579 | Santa Claus | $374,750 | $160 | 0% | 41 | — | — | — | 39 | $1,115 | researched Sep 22 |
| 47586 | Tell City | $187,000 | $130 | +44.4% | 68 | — | — | — | 102 | $663 | researched Sep 22 |
| 47611 | Chrisney | $206,000 | $114 | — | 5 | 100% | — | 3 | 3 | $1,938 | researched Oct 31 |
| 47615 | Grandview | — | — | -7.3% | 53 | 98.2% | 32.5% | 3.2 | 192 | $856 | researched Sep 22 |
| 47635 | Rockport | $159,700 | $105 | +3.2% | 62 | 97.5% | 12% | 3.4 | 48 | $679 | researched Sep 22 |
| 47670 | Princeton | $140,400 | $115 | +2.4% | 62 | 97.5% | 18% | 4.2 | 48 | $1,018 | researched Sep 22 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Spencer County maintains a relatively low crime rate consistent with rural Indiana, with property and violent crime metrics generally tracking below national averages.
Schools in the county are primarily served by local community-focused districts, with performance ratings generally reflecting state-wide averages for rural Indiana school systems.
The county faces standard Midwestern climate risks, including seasonal wind and storm events, with flood risk concentrated primarily along the Ohio River corridor.
Economic momentum is driven by energy and manufacturing sectors, with recent infrastructure planning focused on utility capacity expansions to support industrial growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
The economy is anchored by energy production, manufacturing, and tourism, with a GDP of approximately $1.3 billion and a low unemployment rate of 3.3%.
Transportation is primarily served by state highway corridors connecting rural communities to regional employment hubs, with limited public transit infrastructure.
The county assessor manages property valuations based on annual market adjustments and cyclical reassessments to ensure tax equity.
The county is served by various local school corporations and utility districts that manage infrastructure and educational services across municipal boundaries.
Property insurance markets remain stable, though premiums are influenced by regional exposure to severe weather events common in the Ohio River Valley.
- Holiday World & Splashin' Safari4.611.3 mi
- Urban Air Trampoline and Adventure Park3.825.7 mi
- Sky Zone Trampoline Park4.425.5 mi
- Burgh House & Family Entertainment Center4.420.4 mi
- Chuck E. Cheese4.325.5 mi
- Ford Center4.429.7 mi
- Owensboro Convention Center4.515.3 mi
- Old National Events Plaza4.529.6 mi
- Schnitzelbank4.628.2 mi
- Ellis Park Racing & Gaming4.228.9 mi
- Holiday World & Splashin' Safari4.611.3 mi
- Lincoln State Park4.78.5 mi
- Holiday Drive-In Theatre4.87.7 mi
- Saint Meinrad Archabbey4.717.1 mi
- Lincoln Boyhood National Memorial4.89.1 mi
- Owensboro Sportscenter4.316.3 mi
- Angel Mounds State Historic Site4.423.5 mi
- Lincoln Boyhood National Memorial4.89.1 mi
- Bluegrass Music Hall of Fame & Museum4.815.2 mi
- Children's Museum of Evansville4.429.8 mi
- Lincoln State Park4.78.5 mi
- Smothers Park4.815.1 mi
- Lincoln Boyhood National Memorial4.89.1 mi
- Interlake State Recreation Area4.619.2 mi
- Scales Lake Park4.413.9 mi
- Victoria National Golf Club4.817.7 mi
- The Pearl Club4.612.4 mi
- Quail Crossing Golf Club417 mi
- Owensboro Country Club4.117.6 mi
- The Rustic Golf Course & Country Club4.38.3 mi
- Meijer4.416 mi
- Rural King4.414.5 mi
- Consumer Mall4.314.3 mi
- Ross Dress for Less4.415.5 mi
- Kohl's4.316.2 mi
- Evansville Regional Airport4.327.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Preserves the site where Abraham Lincoln spent his formative years, serving as a major cultural and educational anchor for the county.
A major regional attraction located in Santa Claus, Indiana, that serves as a significant economic driver and tourism hub for the area.
Provides recreational opportunities including boating and fishing, serving as a key natural amenity for residents.
Data retrieved from Census Reporter and Data USA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
applies when — Property must be the taxpayer's principal place of residence.
Removes the first $45,000 of the homestead's assessed value from taxation.
Indiana Code 6-1.1-12-37.
Indiana requires a judicial foreclosure process, meaning lenders must file a lawsuit in court to obtain a foreclosure decree.
Indiana Code 32-30-10.
Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments.
Indiana Code 6-1.1-4.
applies when — Applies to the sale, exchange, or installment contract of residential real estate containing not more than four dwelling units.
Requires the seller to complete a disclosure form regarding the condition of the property, subject to specific statutory exemptions (e.g., court-ordered transfers, foreclosures).
Indiana Code 32-21-5.
Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Indiana Constitution Article X, Section 1; Indiana Code 6-1.1-20.6.
≈ $2,310/yr on a $231,000 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.