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Spencer, OK Housing

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As of 2010-2014, median price of a house in Spencer is $81,600, which is lower than the state average of $115,000 and is much lower than the national average of $175,700. The Spencer median house value has grown by 58.14% since 2000. The growth rate for the price of a house in Spencer is lower than the state average rate of 62.66% and is higher than the national average rate of 46.91%. The median year that a house in Spencer was built is 1967, which is older than the median year for a house built in the state which is 1976 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,178 Owner Occupied Houses in Spencer, OK, #221

Spencer, OK	81,600 USD
Oklahoma	115,000 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #356

Spencer, OK	58.14%
Oklahoma	62.66%
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, OK	Oklahoma	U.S.
Total Housing Units	1,757, see rank, 100%	1,680,457	132,741,033
Occupied Housing Units	1,560, 88.79%, see rank	86.29%	87.55%
Owner Occupied	1,178, 67.05%, see rank	57.40%	56.34%
Renter Occupied	382, 21.74%, see rank	28.89%	31.21%
Vacant Housing Units	197, 11.21%, see rank	13.71%	12.45%
For Rent	23, 1.31%, see rank	2.61%	2.34%
For Sale Only	21, 1.20%, see rank	1.34%	1.20%
Rented or Sold, Not Occupied	35, 1.99%, see rank	1.05%	0.92%
For Seasonal, Recreational, or Occasional Use	24, 1.37%, see rank	2.34%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	94, 5.35%, see rank	6.33%	4.00%

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

Year Structure Built

Median Built Year, #481

Spencer, OK	Oklahoma	U.S.
1967	1976	1976

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, OK	%	Oklahoma	U.S.
Owner-Occupied Units	1,178	100%	964,573	74,787,460
With a Mortgage	741	62.90%, see rank	58.12%	65.58%
Without a Mortgage	437	37.10%, see rank	41.88%	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, OK	910 USD
Oklahoma	1,150 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Spencer, OK	%	Oklahoma	U.S.
$299 or Less	0	0.00%, see rank	0.29%	0.20%
$300 to $499	35	4.72%, see rank	2.77%	1.59%
$500 to $699	66	8.91%, see rank	9.61%	5.01%
$700 to $999	344	46.42%, see rank	24.86%	14.32%
$1,000 to $1,499	248	33.47%, see rank	35.23%	27.90%
$1,500 to $1,999	48	6.48%, see rank	15.81%	20.35%
$2,000 to $2,999	0	0.00%, see rank	8.70%	19.52%
$3,000 or More	0	0.00%, see rank	2.72%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Spencer, OK	24.60% of the Total Income
Oklahoma	20.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Spencer, OK	%	Oklahoma	U.S.
10% or Less	69	9.31%, see rank	7.87%	5.86%
10% to 20%	252	34.01%, see rank	38.86%	31.95%
20% to 30%	139	18.76%, see rank	26.54%	27.64%
30% to 40%	87	11.74%, see rank	11.29%	13.74%
40% or More	187	25.24%, see rank	14.95%	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, OK	330 USD
Oklahoma	368 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Spencer, OK	%	Oklahoma	U.S.
$199 or Less	67	15.33%, see rank	11.67%	7.76%
$200 to $299	143	32.72%, see rank	22.16%	14.70%
$300 to $499	194	44.39%, see rank	41.71%	34.63%
$500 to $699	33	7.55%, see rank	16.21%	21.16%
$700 to $999	0	0.00%, see rank	0.00%	0.00%
$1,000 or More	0	0.00%, see rank	0.00%	0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Spencer, OK	10.70% of the Total Income
Oklahoma	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Spencer, OK	%	Oklahoma	U.S.
10% or Less	197	45.08%, see rank	46.01%	40.19%
10% to 20%	143	32.72%, see rank	31.28%	31.47%
20% to 30%	45	10.30%, see rank	10.66%	12.24%
30% to 40%	17	3.89%, see rank	4.51%	5.64%
40% or More	14	3.20%, see rank	6.17%	9.16%

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

Units in Structure

	Spencer, OK	Oklahoma	U.S.
Total Housing Units	1,757, 100%	1,680,457	132,741,033
1-unit, Detached	1,657, 94.31%, see rank	72.93%	61.65%
1-unit, Attached	7, 0.40%, see rank	2.04%	5.82%
2 Units	0, 0.00%, see rank	2.07%	3.75%
3 or 4 Units	0, 0.00%, see rank	2.52%	4.43%
5 to 9 Units	76, 4.33%, see rank	3.63%	4.78%
10 or More Units	0, 0.00%, see rank	7.13%	13.08%
Mobile Home, Boat, RV, Van, etc.	17, 0.97%, see rank	9.69%	6.49%

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

Rooms

	Spencer, OK	Oklahoma	U.S.
Total Housing Units	1,757, 100%	1,680,457	132,741,033
1 Room	0, 0.00%, see rank	1.40%	1.95%
2 Rooms	20, 1.14%, see rank	1.80%	2.48%
3 Rooms	66, 3.76%, see rank	7.49%	9.13%
4 Rooms	359, 20.43%, see rank	16.19%	16.60%
5 Rooms	554, 31.53%, see rank	26.06%	20.41%
6 Rooms	439, 24.99%, see rank	21.02%	18.06%
7 Rooms	161, 9.16%, see rank	12.20%	12.27%
8 Rooms	80, 4.55%, see rank	6.93%	8.48%
9 Rooms or More	78, 4.44%, see rank	6.91%	10.60%
Median Rooms	5.30, see rank	5.40	5.50

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

Bedrooms

	Spencer, OK	Oklahoma	U.S.
Total Housing Units	1,757, 100%	1,680,457	132,741,033
No Bedroom	0, 0.00%, see rank	1.54%	2.17%
1 Bedroom	119, 6.77%, see rank	8.89%	11.16%
2 Bedrooms	376, 21.40%, see rank	25.38%	26.69%
3 Bedrooms	938, 53.39%, see rank	49.01%	39.70%
4 Bedrooms	317, 18.04%, see rank	13.23%	16.05%
5 or More Bedrooms	7, 0.40%, see rank	1.94%	4.22%

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

House Heating Fuel

	Spencer, OK	Oklahoma	U.S.
Total Housing Units	1,560, 100%	1,450,117	116,211,092
Utility Gas	1,211, 77.63%, see rank	54.03%	48.85%
Bottled, Tank, or LP Gas	33, 2.12%, see rank	7.25%	4.86%
Electricity	316, 20.26%, see rank	35.66%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.00%	0.12%
Wood	0, 0.00%, see rank	1.96%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	0, 0.00%, see rank	0.80%	0.47%
No Fuel Used	0, 0.00%, see rank	0.17%	1.00%

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

Gross Rent

Monthly Rental	Spencer, OK	Oklahoma	U.S.
Occupied Units Paying Rent	298, 100%	442,267	39,201,928
$199 or Less	0, 0.00%, see rank	1.87%	1.50%
$200 to $299	53, 17.79%, see rank	3.84%	3.18%
$300 to $499	10, 3.36%, see rank	12.53%	7.37%
$500 to $699	57, 19.13%, see rank	29.35%	16.01%
$700 to $999	141, 47.32%, see rank	32.95%	29.17%
$1,000 to $1,499	37, 12.42%, see rank	15.53%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	2.68%	9.79%
$2,000 or More	0, 0.00%, see rank	1.25%	6.10%
Median	$743, see rank	$717	$920

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

Vehicle Available

	Spencer, OK	Oklahoma	U.S.
Occupied Housing Units	1,560, 100%	1,450,117	116,211,092
No Vehicles Available	78, 5.00%, see rank	5.73%	9.12%
1 Vehicles Available	642, 41.15%, see rank	33.26%	33.80%
2 Vehicles Available	500, 32.05%, see rank	39.41%	37.48%
3 or More Vehicles Available	340, 21.79%, see rank	21.60%	19.61%

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