Gainesville, AL Real Estate
According to census data in the year 2000 there were 120 housing units in Gainesville.
This represents a 43.9% decline from 214 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 120 were located in what is classified as a rural area.
Homeownership rate in Gainesville is about 85%.
Gainesville's vacancy rate, including seasonal lodging, is about 33.3%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Gainesville were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.50% |
| Two Bedrooms | 41.70% |
| Three Bedrooms | 44.20% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $43,000 |
| Median Price asked for vacant units | $12,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1946 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 5.30% |
| Simple Mortgage | 23.70% |
| Debt Free | 71.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.5% |
