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Babbie, AL Real Estate


According to census data in the year 2000 there were 289 housing units in Babbie. This represents a 26.2% growth from 229 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 289 were located in what is classified as a rural area.

Homeownership rate in Babbie is about 85.3%. Babbie's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Babbie were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.40%
Two Bedrooms28.70%
Three Bedrooms62.30%
Four Bedrooms4.80%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1983
Median Value of occupied units$61,500
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1978
Median Monthly Rent asked for vacant units$463

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan2.50%
Simple Mortgage38%
Debt Free54.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%