Spicer, MN Real Estate
According to census data in the year 2000 there were 608 housing units in Spicer.
This represents a 25.9% growth from 483 in 1990.
Of those housing units, 598 were located in either urbanized areas or urban clusters, and 10 were located in what is classified as a rural area.
Homeownership rate in Spicer is about 64.1%.
Spicer's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Spicer were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 17.80% |
| Two Bedrooms | 35% |
| Three Bedrooms | 30.40% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $96,700 |
| Median Price asked for vacant units | $233,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.55 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 49.70% |
| Debt Free | 26.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
