Spencer, OH Real Estate
According to census data in the year 2000 there were 301 housing units in Spencer.
This represents a 14.9% growth from 262 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 301 were located in what is classified as a rural area.
Homeownership rate in Spencer is about 70%.
Spencer's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Spencer were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10% |
| Two Bedrooms | 20.90% |
| Three Bedrooms | 54.20% |
| Four Bedrooms | 11.30% |
| Five Bedrooms or more | 3.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $92,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1949 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 14.80% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 51.50% |
| Debt Free | 27.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
