East Spencer, NC Real Estate

According to census data in the year 2000 there were 797 housing units in East Spencer. This represents a 10.9% decline from 895 in 1990.

Of those housing units, 783 were located in either urbanized areas or urban clusters, and 14 were located in what is classified as a rural area.

Homeownership rate in East Spencer is about 48.7%. East Spencer's vacancy rate, including seasonal lodging, is about 12.7%. Average household size is 2.5 people.

The majority of houses, apartments or condos in East Spencer were built after 1969.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.70%
Two Bedrooms36%
Three Bedrooms40.40%
Four Bedrooms6.60%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1963
Median Value of occupied units$66,600
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1972
Median Monthly Rent asked for vacant units$421

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan3.40%
Simple Mortgage50.30%
Debt Free43.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%