Addison, AL Real Estate
According to census data in the year 2000 there were 313 housing units in Addison.
This represents a 9.4% growth from 286 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 313 were located in what is classified as a rural area.
Homeownership rate in Addison is about 78.1%.
Addison's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Addison were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 7.30% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 55.30% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $63,600 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $500 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 43.80% |
| Debt Free | 49.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.3% |
