Comprehensive market data and analysis• Updated Oct 2026
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 2 |
| 1-2 acres | - | 1 | 2 | 4 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 5 | 8 |
Acreage buckets
The median price for land in Spencer, Massachusetts is currently $65K per acre. For a typical parcel, the median sale price is $87K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $52K while premium lots reached $118K.
Spencer, Massachusetts is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Spencer, Massachusetts currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 6 active listings in Spencer, Massachusetts. 4 new listings have hit the market in the last 90 days. The median asking price is $195K.
Land in Spencer, Massachusetts averages $90K per acre. The median price per acre is $65K, which may be more representative of typical transactions. Most parcels sold are around 1.4 acres.
The 3-month absorption rate in Spencer, Massachusetts is 11.1%. The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Spencer, Massachusetts typically sells within 197 days of listing. The median time on market is 53 days. Properties are moving slowly in the current buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Spencer on LandyDandy.
Browse land in Spencer →Land investors and realtors list on LandyDandy for free. The Starter plan has no listing limit, and your dashboard shows the views, saves and buyer messages for every listing.
List your land free
