County market report · FIPS 18147
Spencer County, IN
Outside a metro area · Population 20,225 (Census V2020 est.)
Typical value
$232,771
Sep 2026
1M
+0.1%
3M
+0.4%
12M
+3.9%
5Y
+28.6%
10Y
+86.3%
From peak
0.0%
Peak $232,771 · Sep 2026
Rank US / state
1143 / 52
by 12M change
Zillow Home Value Index
Source: Zillow Home Value Index (ZHVI), all homes, smoothed & seasonally adjusted · data through Sep 2026.
Inflection signal
Price-OnlyE · Potential Peak
r3+0.38%p3+0.73%Acceleration-0.35ppMonths persisting3Evidence (Price-Only)62/100
Inventory, sales & days on market — Phase 2
Supply and demand confirmation is not yet available.
Yearly values (December)
| Year | ZHVI (Dec) | YoY change |
|---|---|---|
| 2025 | $224,805 | +2.3% |
| 2024 | $219,857 | +6.4% |
| 2023 | $206,640 | +3.8% |
| 2022 | $199,086 | +8.2% |
| 2021 | $183,970 | +13.3% |
| 2020 | $162,347 | +9.9% |
| 2019 | $147,782 | +8.5% |
| 2018 | $136,159 | +6.3% |
| 2017 | $128,099 | +1.9% |
| 2016 | $125,727 | +2.9% |
| 2015 | $122,234 | +6.1% |
| 2014 | $115,190 | +3.5% |
| 2013 | $111,247 | +0.7% |
| 2012 | $110,499 | -0.5% |
| 2011 | $111,017 | -0.5% |
| 2010 | $111,590 | -1.8% |
| 2009 | $113,631 | — |