Spencer, IN Real Estate
According to census data in the year 2000 there were 1,169 housing units in Spencer.
This represents a 0.3% decline from 1,173 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,169 were located in what is classified as a rural area.
Homeownership rate in Spencer is about 57%.
Spencer's vacancy rate, including seasonal lodging, is about 6.8%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Spencer were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.07|
|Median year structure was built||1947|
|Median Value of occupied units||$78,400|
|Median Price asked for vacant units||$88,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.24|
|Median year structure was built||1969|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14%|