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Detroit, AL Real Estate


According to census data in the year 2000 there were 118 housing units in Detroit. This represents a 11.3% decline from 133 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 118 were located in what is classified as a rural area.

Homeownership rate in Detroit is about 68.1%. Detroit's vacancy rate, including seasonal lodging, is about 20.3%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Detroit were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.90%
Two Bedrooms29.70%
Three Bedrooms51.70%
Four Bedrooms12.70%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1972
Median Value of occupied units$56,700
Median Price asked for vacant units$22,500

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1972
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan17.40%
Simple Mortgage21.70%
Debt Free60.90%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%