Spencer, Massachusetts is a small town about an hour's drive from Boston. Like any location, there are pros and cons to buying property there. Here are a few to consider:

Pros:
- Affordable housing prices compared to larger cities in the area
- Natural beauty: Spencer is located in central Massachusetts and is surrounded by state forests and conservation areas
- Quality of life: Spencer is a close-knit town with a charming Main Street and a strong sense of community
- Access to education: There are several colleges and universities within an hour's drive of Spencer, including Worcester Polytechnic Institute and Clark University.

Cons:
- Limited job opportunities: Spencer is a small town, so there may not be a huge variety of job opportunities locally.
- Distance from larger cities: While Spencer's location near Boston is a plus, it's still an hour away from the city, which may be inconvenient for some.
- Limited public transportation: Like many small towns, Spencer has minimal public transportation options, which could be a disadvantage for those who rely on them.
- Industry mix: Spencer, like many small towns, tends to rely on a limited range of industries for its economy. In this case, manufacturing and retail are the largest sectors, which could mean that job opportunities can be cyclical.

Ultimately, whether or not buying property in Spencer, Massachusetts is a good decision depends on your specific circumstances and goals. It may be helpful to do some additional research and speak to a local real estate agent to get a better sense of the housing market and make an informed decision.