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Springville, IA Real Estate


According to census data in the year 2000 there were 441 housing units in Springville. This represents a 6.5% growth from 414 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 441 were located in what is classified as a rural area.

Homeownership rate in Springville is about 75.9%. Springville's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Springville were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.30%
Two Bedrooms21.30%
Three Bedrooms46.70%
Four Bedrooms19.70%
Five Bedrooms or more0.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1956
Median Value of occupied units$88,100
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size1.63
Median year structure was built1972
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan14.40%
Simple Mortgage57.80%
Debt Free22.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%