Spring Hill, IA Real Estate
According to census data in the year 2000 there were 33 housing units in Spring Hill.
This represents a 6.5% growth from 31 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 33 were located in what is classified as a rural area.
Homeownership rate in Spring Hill is about 96.6%.
Spring Hill's vacancy rate, including seasonal lodging, is about 12.1%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Spring Hill were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.10% |
| Two Bedrooms | 6.10% |
| Three Bedrooms | 66.70% |
| Four Bedrooms | 15.20% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $51,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 1 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 13.60% |
| Home Equity Loan | 0% |
| Simple Mortgage | 50% |
| Debt Free | 36.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
