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Spencer, MA Housing

 
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As of 2010-2014, median price of a house in Spencer is $208,000, which is lower than the state average of $329,900 and is higher than the national average of $175,700. The Spencer median house value has grown by 73.48% since 2000. The growth rate for the price of a house in Spencer is lower than the state average rate of 77.65% and is higher than the national average rate of 46.91%. The median year that a house in Spencer was built is 1939, which is older than the median year for a house built in the state which is 1959 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,091 Owner Occupied Houses in Spencer, MA, #209
Spencer, MA
208,000 USD
Massachusetts
329,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #111
Spencer, MA
73.48%
Massachusetts
77.65%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Spencer, MAMassachusettsU.S.
Total Housing Units2,769, see rank, 100%2,816,875132,741,033
Occupied Housing Units2,410, 87.04%, see rank90.12%87.55%
Owner Occupied1,091, 39.40%, see rank56.12%56.34%
Renter Occupied1,319, 47.63%, see rank33.99%31.21%
Vacant Housing Units359, 12.96%, see rank9.88%12.45%
For Rent118, 4.26%, see rank1.67%2.34%
For Sale Only0, 0.00%, see rank0.74%1.20%
Rented or Sold, Not Occupied28, 1.01%, see rank0.77%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank4.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant213, 7.69%, see rank2.40%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #190
Spencer, MAMassachusettsU.S.
193919591976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Spencer, MA%MassachusettsU.S.
Owner-Occupied Units1,091100%1,580,93874,787,460
With a Mortgage76870.39%, see rank71.18%65.58%
Without a Mortgage32329.61%, see rank28.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Spencer, MA
1,624 USD
Massachusetts
2,095 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSpencer, MA%MassachusettsU.S.
$299 or Less00.00%, see rank0.09%0.20%
$300 to $49900.00%, see rank0.49%1.59%
$500 to $699172.21%, see rank1.47%5.01%
$700 to $999283.65%, see rank4.74%14.32%
$1,000 to $1,49924531.90%, see rank16.44%27.90%
$1,500 to $1,99923330.34%, see rank22.84%20.35%
$2,000 to $2,99924531.90%, see rank34.83%19.52%
$3,000 or More00.00%, see rank19.10%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spencer, MA
24.90% of the Total Income
Massachusetts
24.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Spencer, MA%MassachusettsU.S.
10% or Less151.95%, see rank5.29%5.86%
10% to 20%22329.04%, see rank29.25%31.95%
20% to 30%27936.33%, see rank29.39%27.64%
30% to 40%12316.02%, see rank14.83%13.74%
40% or More12816.67%, see rank20.86%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Spencer, MA
594 USD
Massachusetts
707 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSpencer, MA%MassachusettsU.S.
$199 or Less82.48%, see rank1.57%7.76%
$200 to $299123.72%, see rank2.45%14.70%
$300 to $4995617.34%, see rank16.27%34.63%
$500 to $69918356.66%, see rank28.91%21.16%
$700 or More6419.81%, see rank50.80%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Spencer, MA
14.30% of the Total Income
Massachusetts
14.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Spencer, MA%MassachusettsU.S.
10% or Less7824.15%, see rank31.52%40.19%
10% to 20%14745.51%, see rank31.52%31.47%
20% to 30%6620.43%, see rank14.65%12.24%
30% to 40%103.10%, see rank7.86%5.64%
40% or More226.81%, see rank13.41%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Spencer, MAMassachusettsU.S.
Total Housing Units2,769, 100%2,816,875132,741,033
1-unit, Detached1,099, 39.69%, see rank52.24%61.65%
1-unit, Attached36, 1.30%, see rank5.19%5.82%
2 Units272, 9.82%, see rank10.16%3.75%
3 or 4 Units883, 31.89%, see rank10.94%4.43%
5 to 9 Units224, 8.09%, see rank5.95%4.78%
10 or More Units224, 8.09%, see rank14.65%13.08%
Mobile Home, Boat, RV, Van, etc.31, 1.12%, see rank0.87%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Spencer, MAMassachusettsU.S.
Total Housing Units2,769, 100%2,816,875132,741,033
1 Room69, 2.49%, see rank2.33%1.95%
2 Rooms301, 10.87%, see rank3.02%2.48%
3 Rooms252, 9.10%, see rank10.03%9.13%
4 Rooms562, 20.30%, see rank15.77%16.60%
5 Rooms540, 19.50%, see rank18.26%20.41%
6 Rooms375, 13.54%, see rank17.63%18.06%
7 Rooms355, 12.82%, see rank12.23%12.27%
8 Rooms175, 6.32%, see rank9.28%8.48%
9 Rooms or More140, 5.06%, see rank11.45%10.60%
Median Rooms4.90, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Spencer, MAMassachusettsU.S.
Total Housing Units2,769, 100%2,816,875132,741,033
No Bedroom69, 2.49%, see rank2.56%2.17%
1 Bedroom514, 18.56%, see rank14.08%11.16%
2 Bedrooms885, 31.96%, see rank28.19%26.69%
3 Bedrooms963, 34.78%, see rank34.72%39.70%
4 Bedrooms229, 8.27%, see rank16.00%16.05%
5 or More Bedrooms109, 3.94%, see rank4.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Spencer, MAMassachusettsU.S.
Total Housing Units2,410, 100%2,538,485116,211,092
Utility Gas1,018, 42.24%, see rank49.70%48.85%
Bottled, Tank, or LP Gas40, 1.66%, see rank2.86%4.86%
Electricity395, 16.39%, see rank14.23%36.68%
Fuel Oil, Kerosene, etc.877, 36.39%, see rank30.36%5.86%
Coal or Coke0, 0.00%, see rank0.13%0.12%
Wood37, 1.54%, see rank1.69%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel43, 1.78%, see rank0.65%0.47%
No Fuel Used0, 0.00%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSpencer, MAMassachusettsU.S.
Occupied Units Paying Rent1,309, 100%924,80939,201,928
$199 or Less0, 0.00%, see rank2.07%1.50%
$200 to $29978, 5.96%, see rank5.74%3.18%
$300 to $499258, 19.71%, see rank7.69%7.37%
$500 to $699283, 21.62%, see rank8.07%16.01%
$700 to $999292, 22.31%, see rank20.08%29.17%
$1,000 to $1,499253, 19.33%, see rank31.42%26.88%
$1,500 to $1,999145, 11.08%, see rank15.67%9.79%
$2,000 or More0, 0.00%, see rank9.27%6.10%
Median$721, see rank$1,088$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Spencer, MAMassachusettsU.S.
Occupied Housing Units2,410, 100%2,538,485116,211,092
No Vehicles Available301, 12.49%, see rank12.57%9.12%
1 Vehicles Available1,028, 42.66%, see rank36.07%33.80%
2 Vehicles Available791, 32.82%, see rank36.51%37.48%
3 or More Vehicles Available290, 12.03%, see rank14.84%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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