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Huntsville, AL Real Estate


According to census data in the year 2000 there were 73,606 housing units in Huntsville. This represents a 8.5% growth from 67,827 in 1990.

Of those housing units, 71,027 were located in either urbanized areas or urban clusters, and 2,579 were located in what is classified as a rural area.

Homeownership rate in Huntsville is about 61.7%. Huntsville's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.28 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom13.10%
Two Bedrooms23.30%
Three Bedrooms40.70%
Four Bedrooms17.70%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1969
Median Value of occupied units$97,300
Median Price asked for vacant units$69,500

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1975
Median Monthly Rent asked for vacant units$376

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.90%
Home Equity Loan7.50%
Simple Mortgage54.40%
Debt Free29.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%