Alabaster, AL Real Estate
According to census data in the year 2000 there were 8,805 housing units in Alabaster.
This represents a 71.2% growth from 5,144 in 1990.
Of those housing units, 8,348 were located in either urbanized areas or urban clusters, and 457 were located in what is classified as a rural area.
Homeownership rate in Alabaster is about 85.8%.
Alabaster's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Alabaster were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 1.80% |
| Two Bedrooms | 15.70% |
| Three Bedrooms | 59.60% |
| Four Bedrooms | 19% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $123,500 |
| Median Price asked for vacant units | $129,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1985 |
| Median Monthly Rent asked for vacant units | $530 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8.50% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 66.90% |
| Debt Free | 14.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.5% |
