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Spearman, TX Real Estate


According to census data in the year 2000 there were 1,273 housing units in Spearman. This represents a 8.1% decline from 1,385 in 1990.

Of those housing units, 1,273 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Spearman is about 77.6%. Spearman's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Spearman were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom12.20%
Two Bedrooms27.30%
Three Bedrooms51.50%
Four Bedrooms7.60%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1964
Median Value of occupied units$43,600
Median Price asked for vacant units$17,500

Rented Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1963
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0.50%
Simple Mortgage41.60%
Debt Free57.90%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14%