Spencer, NC Real Estate
According to census data in the year 2000 there were 1,433 housing units in Spencer.
This represents a 3.5% growth from 1,384 in 1990.
Of those housing units, 1,326 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.
Homeownership rate in Spencer is about 64.7%.
Spencer's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Spencer were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 11.10% |
| Two Bedrooms | 36.50% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $80,700 |
| Median Price asked for vacant units | $59,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.94 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $392 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 42.30% |
| Debt Free | 40.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
