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Spencer, SD Real Estate


According to census data in the year 2000 there were 76 housing units in Spencer. This represents a 53.1% decline from 162 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 76 were located in what is classified as a rural area.

Homeownership rate in Spencer is about 86.4%. Spencer's vacancy rate, including seasonal lodging, is about 13.2%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Spencer were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom0%
Two Bedrooms39.50%
Three Bedrooms27.60%
Four Bedrooms25%
Five Bedrooms or more5.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1949
Median Value of occupied units$30,600

Rented Homes, Apartments and Condos

Average Household Size1.56
Median year structure was built1999
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage46%
Debt Free54%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs17%