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Our Spencer, MA real estate website provides a wealth of information for home buyers and home sellers. Below, you will find information on the history and culture of Spencer as well as links to more detailed information such as demographics and schools. You may view a virtual tour, search homes for sale, and access information on different types of properties such as condos, farms, foreclosures, and vacation homes. This website will give you everything you need to buy or sell a home in Spencer, MA.
Virtual Homes is a full-service residential real estate company dedicated to providing a wealth of real estate and local community information to home buyers and home sellers. Our agents are ready to assist you with all of your real estate needs.
Spencer MA Community Profile & History
Spencer, Massachusetts is located in central Worcester County, twenty minutes west of Worcester and about forty five minutes from Springfield. Largely residential, Spencer has been a supplier of workers in all categories for nearly every industry in the greater Worcester area.
Ease of travel to all sections of the county makes Spencer a desirable area in which to live. In addition to its own small commercial airfield on Paxton Road, Spencer is less than twenty minutes from Worcester airport and the industrial complex located next to it.
Spencer is also home to several large dairy farms, indicating that the town's fertile soil is not just suited for residential use. Several major lakes and ponds are also located in the town, including Stiles Reservoir, Thompson Pond, Lake Whittemore, Cranberry Meadow, Sugden Reservoir and Brooks Pond, providing recreational boating, swimming and fishing for the public.
Spencer Massachusetts Community Information
Spencer Community Demographics and Local Resources
Request a Market Analysis on a Home in Spencer
Spencer Schools
Spencer Area Newspaper
Spencer MA Real Estate Information
Condominium Information
Farm Properties
Foreclosures and Short Sales
Land for Sale in Spencer
All Homes for Sale in Spencer MA
Retirement Homes and Adult Living Communities
Vacation Homes
Real Estate Industry News
Different financing alternatives are available depending on whether you are purchasing a single family, condo, multi-family, or investment property. Understanding the pros and cons of each may help you decide which option is the best for you. Speak to our buyer agent professionals and mortgage partners to understand and evaluate your options.
Spencer, MA Real Estate Market Statistics
The following information was extracted from the state-wide MLS system and its accuracy is not guranteed.
Spencer Single Family Home Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 125 102 $270042 $65000 $254950 $550000 |
2007 165 81 $258450 $134000 $241500 $557500 |
2008 180 63 $223875 $54900 $218000 $399000 |
2009 168 91 $198405 $35000 $195000 $400000 |
2010 173 102 $195420 $12000 $184000 $563000 |
Average Selling Price of Single Family Homes in Spencer
| 2006 |  $270042 | |
| 2007 | $258450 | |
| 2008 | $223875 | |
| 2009 | $198405 | |
| 2010 | $195420 |
Spencer Condominum Sales Trends:
| Year Days on Market #Sold Average Price Lowest Price Median Price Highest Price |
2006 109 9 $185879 $169000 $188000 $211000 |
2007 95 5 $173000 $154000 $178000 $180000 |
2008 31 3 $160800 $145000 $168400 $169000 |
2009 304 1 $107000 $107000 $107000 $107000 |
2010 212 3 $109000 $82000 $105000 $140000 |
Average Selling Price of Condominiums in Spencer
| 2006 | $185879 | |
| 2007 | $173000 | |
| 2008 | $160800 | |
| 2009 | $107000 | |
| 2010 | $109000 |