The median home in Spencer, Massachusetts is valued at $421,251, up 0.6% year over year. Typical monthly rent is $2,200, producing a price-to-rent ratio of 16x — near the national average of 18x. Spencer is part of the Worcester, MA-CT metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Worcester, MA-CT stress score, crash risk, and 12-month forecast →
Home Value$421,251
+0.6%
Rent$2,200/mo
AFFORDABILITYRenting $501/mo cheaper ($2,200 rent)6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.
Enter your income for Spencer.
$84,250 on $421,251
Out of reach — 43.2% of income
Need $115,757/yr to afford.
PITI$2,701
P/I43.2%
Afford$273K
Gap-$148K
P&I $2,130Tax $421Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Massachusetts
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Full Worcester, MA-CT analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Worcester, MA-CT metro.
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