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.


Housing Size

Housing Units by Size
Studio Type4.60%
One Bedroom31.60%
Two Bedrooms32.90%
Three Bedrooms7.20%
Four Bedrooms16.90%
Five Bedrooms or more6.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.28
Median year structure was built1993
Median Value of occupied units$300,800
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size1.47
Median year structure was built1990
Median Monthly Rent asked for vacant units$670

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.40%
Second Mortgage11.50%
Home Equity Loan26.60%
Simple Mortgage46.80%
Debt Free13.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%