Spencer, NC Real Estate

According to census data in the year 2000 there were 1,433 housing units in Spencer. This represents a 3.5% growth from 1,384 in 1990.

Of those housing units, 1,326 were located in either urbanized areas or urban clusters, and 107 were located in what is classified as a rural area.

Homeownership rate in Spencer is about 64.7%. Spencer's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Spencer were built after 1949.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom11.10%
Two Bedrooms36.50%
Three Bedrooms35.50%
Four Bedrooms10.30%
Five Bedrooms or more4.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1946
Median Value of occupied units$80,700
Median Price asked for vacant units$59,100

Rented Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1952
Median Monthly Rent asked for vacant units$392

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan8.30%
Simple Mortgage42.30%
Debt Free40.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%