Spencer, WV Real Estate
According to census data in the year 2000 there were 1,153 housing units in Spencer.
This represents a 0.8% decline from 1,162 in 1990.
Of those housing units, 1,147 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Spencer is about 56.5%.
Spencer's vacancy rate, including seasonal lodging, is about 12.9%.
Average household size is 2.25 people.
The majority of houses, apartments or condos in Spencer were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 14.70% |
| Two Bedrooms | 29.80% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 14.60% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $49,900 |
| Median Price asked for vacant units | $62,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $364 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.50% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 46.60% |
| Debt Free | 51% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
