Mobile, AL Real Estate
According to census data in the year 2000 there were 86,152 housing units in Mobile.
This represents a 4% growth from 82,817 in 1990.
Of those housing units, 86,130 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.
Homeownership rate in Mobile is about 59.4%.
Mobile's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Mobile were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 13.90% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 12.90% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $81,400 |
| Median Price asked for vacant units | $76,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $383 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 50.10% |
| Debt Free | 36.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
