Market Summary

Spencer, Medina County, OH

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Median Home Price Price

$300,566 $300.6K

Median Monthly Rent Rent

$1,428 $1.4K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Medina County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within OH outside of Medina County

Region Price Rent GRM Display
$229,646 $1,077 18.0x
$251,526 $1,157 18.0x
$257,039 $1,289 17.0x
$302,046 $1,477 17.0x
$267,937 $1,258 18.0x
$416,312 $1,487 23.0x
$166,997 $919 15.0x
$243,154 $1,023 20.0x
$203,196 $1,088 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OH

Region Price Rent GRM Display
$226,705 $999 19.0x
$372,370 $1,441 22.0x
$299,289 $1,276 19.0x
$225,182 $1,018 18.0x
$314,009 $1,404 19.0x
$264,593 $1,118 20.0x
$277,091 $1,415 16.0x
$281,559 $1,314 18.0x
$225,376 $1,054 18.0x
$228,698 $1,379 14.0x
$322,152 $1,409 19.0x
$256,719 $1,720 12.0x
$320,386 $1,384 19.0x
$197,544 $1,117 15.0x
$242,331 $1,289 16.0x
$335,967 $1,463 19.0x
$315,093 $1,179 22.0x
$134,220 $1,365 8.0x
$355,965 $1,625 18.0x
$251,668 $1,022 21.0x
$247,781 $1,099 19.0x
$286,831 $847 28.0x
$222,947 $1,076 17.0x
$171,048 $1,121 13.0x
$293,711 $1,417 17.0x
$212,682 $1,110 16.0x
$221,637 $996 19.0x
$204,958 $1,569 11.0x
$273,297 $1,334 17.0x
$289,531 $1,365 18.0x
$254,943 $1,206 18.0x
$621,030 $1,342 39.0x
$160,578 $1,172 11.0x
$301,099 $1,259 20.0x
$262,487 $1,485 15.0x
$354,328 $1,375 21.0x

Home prices

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Monthly rent

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GRM

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Spencer

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Trend Insights

Median Rent in Spencer, OH is $1,428, with MoM change +$10 and YoY change +$72 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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Metric
Base market Spencer, OH
Compare market Select a market
Delta vs base
Median rent
$1,428
N/A
Median price
$300,566
N/A
YoY change
+$72
N/A
Price-to-rent
17.5x
Data unavailable
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