Silverhill, AL Real Estate
According to census data in the year 2000 there were 269 housing units in Silverhill.
This represents a 15.9% growth from 232 in 1990.
Of those housing units, 202 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Silverhill is about 84.9%.
Silverhill's vacancy rate, including seasonal lodging, is about 8.9%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Silverhill were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 1.50% |
| Two Bedrooms | 24.50% |
| Three Bedrooms | 57.60% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $93,600 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $575 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 3.20% |
| Simple Mortgage | 46.50% |
| Debt Free | 47.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
