Bay Minette, AL Real Estate

According to census data in the year 2000 there were 2,941 housing units in Bay Minette. This represents a 9.7% growth from 2,682 in 1990.

Of those housing units, 2,837 were located in either urbanized areas or urban clusters, and 104 were located in what is classified as a rural area.

Homeownership rate in Bay Minette is about 63.1%. Bay Minette's vacancy rate, including seasonal lodging, is about 7.5%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Bay Minette were built after 1973.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom11.20%
Two Bedrooms23%
Three Bedrooms50.70%
Four Bedrooms13.20%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1972
Median Value of occupied units$69,800
Median Price asked for vacant units$28,500

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1974
Median Monthly Rent asked for vacant units$331

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan7.50%
Simple Mortgage49.60%
Debt Free37%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%