East Spencer, NC Real Estate
According to census data in the year 2000 there were 797 housing units in East Spencer.
This represents a 10.9% decline from 895 in 1990.
Of those housing units, 783 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.
Homeownership rate in East Spencer is about 48.7%.
East Spencer's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.5 people.
The majority of houses, apartments or condos in East Spencer were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 14.70% |
| Two Bedrooms | 36% |
| Three Bedrooms | 40.40% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $66,600 |
| Median Price asked for vacant units | $45,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $421 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 3.40% |
| Simple Mortgage | 50.30% |
| Debt Free | 43.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
