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Spencer, WI Real Estate


According to census data in the year 2000 there were 851 housing units in Spencer. This represents a 13.2% growth from 752 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 851 were located in what is classified as a rural area.

Homeownership rate in Spencer is about 76.1%. Spencer's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Spencer were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom6.70%
Two Bedrooms28.70%
Three Bedrooms51.40%
Four Bedrooms9.90%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1973
Median Value of occupied units$73,800
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1977
Median Monthly Rent asked for vacant units$311

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan4.30%
Simple Mortgage48.90%
Debt Free41.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%