Lake Purdy, AL Real Estate
According to census data in the year 2000 there were 3,007 housing units in Lake Purdy.
This represents a 132.9% growth from 1,291 in 1990.
Of those housing units, 3,007 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Purdy is about 33.3%.
Lake Purdy's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.07 people.
The majority of houses, apartments or condos in Lake Purdy were built after 1992.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.60% |
| One Bedroom | 31.60% |
| Two Bedrooms | 32.90% |
| Three Bedrooms | 7.20% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 6.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.28 |
| Median year structure was built | 1993 |
| Median Value of occupied units | $300,800 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.47 |
| Median year structure was built | 1990 |
| Median Monthly Rent asked for vacant units | $670 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.40% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 26.60% |
| Simple Mortgage | 46.80% |
| Debt Free | 13.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17% |
