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Spring Valley, TX Real Estate


According to census data in the year 2000 there were 1,410 housing units in Spring Valley. This represents a 4.8% growth from 1,345 in 1990.

Of those housing units, 1,410 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Spring Valley is about 94.5%. Spring Valley's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Spring Valley were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.60%
Two Bedrooms5.30%
Three Bedrooms54.50%
Four Bedrooms33.80%
Five Bedrooms or more4.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1961
Median Value of occupied units$213,500
Median Price asked for vacant units$253,300

Rented Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1959

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage5.40%
Home Equity Loan7.10%
Simple Mortgage57.40%
Debt Free29.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%