45887 (Spencerville, OH) Rental Market Data
Below are the 12 leading supply and demand indicators for ZIP 45887 in Spencerville, Ohio, each shown with its national percentile (0–100, higher is stronger). Data reflects August 2026.
The 12 leading indicators
Value, and how it ranks against all 30,000+ US locations.
| Indicator | Value | National percentile |
|---|---|---|
| Gross Rental Yield | 11.50% | 95 |
| 12-Month Rent Growth | 8.16% | 84 |
| Rental Days on Market | — | — |
| Days to Close | 66d | 47 |
| Absorption Rate | 4.3 mo | 42 |
| Supply Rate | 0.87% | 67 |
| Homeownership Rate(annual) | 76.4% | 44 |
| Population Growth(annual) | 0.13% | 43 |
| Sale-to-List Ratio | -5.85% | 15 |
| Price Trend | 15.98% | 92 |
| Resale Price Growth | 4.23% | 19 |
| Days on Market | 118d | 5 |
Why is Days on Market higher than Days to Close here? Days on Market counts from a home's firstlisting — earlier listing attempts and time off the market included — up to the contract that led to its sale. In markets where homes are frequently relisted, that can exceed Days to Close, which measures only the final listing-to-close span. Both are medians across this ZIP's recent sales.
Property Standouts
The standout asset type in this ZIP, from recorded sales.
- Realized price growth: 4.7%/yr
- Typical price: $184K
- Gross rental yield: 10.3%
Related markets
Other Allen County markets you may want to compare.
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Percentiles rank this ZIP against all 30,000+ scored US locations on the default indicator order; re-rank the 12 indicators to your own strategy in the free app. Property Standouts describe past recorded sales by asset type. All figures reflect August 2026 and are informational only — not investment, financial, or tax advice.