Locust Fork, AL Real Estate
According to census data in the year 2000 there were 415 housing units in Locust Fork.
This represents a 200.7% growth from 138 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 415 were located in what is classified as a rural area.
Homeownership rate in Locust Fork is about 87%.
Locust Fork's vacancy rate, including seasonal lodging, is about 7%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Locust Fork were built after 1985.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 0% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 57.10% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1986 |
| Median Value of occupied units | $99,400 |
| Median Price asked for vacant units | $85,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 39.30% |
| Debt Free | 44.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
