Chelsea, AL Real Estate
According to census data in the year 2000 there were 1,026 housing units in Chelsea.
This represents a 111.1% growth from 486 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 1,026 were located in what is classified as a rural area.
Homeownership rate in Chelsea is about 86.1%.
Chelsea's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Chelsea were built after 1992.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3% |
| Two Bedrooms | 16.90% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 24.60% |
| Five Bedrooms or more | 7.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $187,700 |
| Median Price asked for vacant units | $158,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.78 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $170 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.80% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 63.10% |
| Debt Free | 18.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
