Spanish Fork, UT Real Estate
According to census data in the year 2000 there were 5,818 housing units in Spanish Fork.
This represents a 73% growth from 3,363 in 1990.
Of those housing units, 5,733 were located in either urbanized areas or urban clusters, and 85 were located in what is classified as a rural area.
Homeownership rate in Spanish Fork is about 78.8%.
Spanish Fork's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 3.6 people.
The majority of houses, apartments or condos in Spanish Fork were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 4.50% |
| Two Bedrooms | 17% |
| Three Bedrooms | 34.60% |
| Four Bedrooms | 25.40% |
| Five Bedrooms or more | 18.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.73 |
| Median year structure was built | 1980 |
| Median Value of occupied units | $137,900 |
| Median Price asked for vacant units | $179,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.14 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.60% |
| Home Equity Loan | 10% |
| Simple Mortgage | 59.70% |
| Debt Free | 21.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
