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Spencerville, OH Real Estate


According to census data in the year 2000 there were 911 housing units in Spencerville. This represents a 4.4% growth from 873 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 911 were located in what is classified as a rural area.

Homeownership rate in Spencerville is about 77%. Spencerville's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Spencerville were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.10%
Two Bedrooms31.50%
Three Bedrooms47.50%
Four Bedrooms13%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1951
Median Value of occupied units$67,200
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1953
Median Monthly Rent asked for vacant units$286

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage6.10%
Home Equity Loan4.20%
Simple Mortgage44.80%
Debt Free44.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15%