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Gordo, AL Real Estate


According to census data in the year 2000 there were 806 housing units in Gordo. This represents a 0.4% decline from 809 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 806 were located in what is classified as a rural area.

Homeownership rate in Gordo is about 64.5%. Gordo's vacancy rate, including seasonal lodging, is about 10.2%. Average household size is 2.27 people.

The majority of houses, apartments or condos in Gordo were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom16.10%
Two Bedrooms25.70%
Three Bedrooms45.70%
Four Bedrooms8.80%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.35
Median year structure was built1969
Median Value of occupied units$66,800
Median Price asked for vacant units$9,999

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1971
Median Monthly Rent asked for vacant units$106

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.20%
Home Equity Loan7.60%
Simple Mortgage38.80%
Debt Free50.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%