Springville, UT Real Estate
According to census data in the year 2000 there were 6,255 housing units in Springville.
This represents a 43.4% growth from 4,361 in 1990.
Of those housing units, 6,231 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.
Homeownership rate in Springville is about 74.1%.
Springville's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 3.4 people.
The majority of houses, apartments or condos in Springville were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 5.20% |
| Two Bedrooms | 22% |
| Three Bedrooms | 33.80% |
| Four Bedrooms | 23.50% |
| Five Bedrooms or more | 15% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.54 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $149,200 |
| Median Price asked for vacant units | $128,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $694 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 57.40% |
| Debt Free | 24.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
