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Spencer, OH Real Estate


According to census data in the year 2000 there were 301 housing units in Spencer. This represents a 14.9% growth from 262 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 301 were located in what is classified as a rural area.

Homeownership rate in Spencer is about 70%. Spencer's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Spencer were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10%
Two Bedrooms20.90%
Three Bedrooms54.20%
Four Bedrooms11.30%
Five Bedrooms or more3.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1939
Median Value of occupied units$92,800

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1949

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.80%
Home Equity Loan6.10%
Simple Mortgage51.50%
Debt Free27.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%