Spencer, MA Real Estate

According to census data in the year 2000 there were 2,722 housing units in Spencer. This represents a 1.9% growth from 2,671 in 1990.

Of those housing units, 2,722 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Spencer is about 43.9%. Spencer's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Spencer were built after 1939.


Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom24.20%
Two Bedrooms33.20%
Three Bedrooms27.80%
Four Bedrooms11.10%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1939
Median Value of occupied units$119,900

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1941
Median Monthly Rent asked for vacant units$514

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.10%
Home Equity Loan3.50%
Simple Mortgage62.30%
Debt Free24.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%