Home prices
The median home in Spencerville costs $564,600. It is about $96,840 (20%) higher compared to other places in this area.It is roughly $347,100 (159%) higher in comparison to the rest of the country, and in comparison to the city of Washington is roughly $36,900 (6%) lower.
Rents
In Spencerville the median monthly rent is $2,795. In comparison to its nearby areas this is roughly $1,230 (78%) higher.In comparison to the rest of the nation it is roughly $1,733 (163%) higher, and is approximately $1,254 (81%) higher compared to the city of Washington.
Nearby places
Cloverly
Cloverly is Spencerville's neighbor to the southwest. Its housing prices are a bit less expensive. The median home in Cloverly is valued at $487,800, which comes out to $76,800 (15%) lower than Spencerville. Its rents are substantially less expensive. The median monthly rent in Cloverly is $1,477, which works out to $1,318 (89%) lower than Spencerville.
Burtonsville
Burtonsville is Spencerville's neighbor to the east. Its real estate prices are a lot less expensive. The value of the median home in Burtonsville is $384,800, which is $179,800 (46%) lower than Spencerville. Rent there is a lot less expensive. Burtonsville's median monthly rent is $1,794, which comes out to $1,001 (55%) lower than Spencerville.
Ashton-Sandy Spring
Ashton-Sandy Spring is Spencerville's neighbor to the northwest. Its real estate prices are a bit more expensive. The value of the median home in Ashton-Sandy Spring is $653,900, which works out to $89,300 (13%) higher than Spencerville. The rent there is substantially less expensive. Ashton-Sandy Spring's median monthly rent is $968, which comes out to $1,827 (188%) lower than Spencerville.
Fairland
Fairland is roughly 3 miles southeast from Spencerville. Its real estate prices are a lot less expensive. The median home value in Fairland is $349,300, which works out to $215,300 (61%) lower than Spencerville. Its rents are substantially less expensive. The median monthly rent in Fairland is $1,689, which works out to $1,106 (65%) lower than Spencerville.
Colesville
Colesville is approximately 3 miles south of Spencerville. Housing prices there are a little less expensive. The price of the median home in Colesville is $463,000, which works out to $101,600 (21%) lower than Spencerville. Rent there is a lot less expensive. In Colesville the median monthly rent is $1,897, which is $898 (47%) lower than Spencerville.
