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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 Type0.50%
One Bedroom0%
Two Bedrooms27.50%
Three Bedrooms57.10%
Four Bedrooms13.50%
Five Bedrooms or more1.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1986
Median Value of occupied units$99,400
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size3
Median year structure was built1974
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9%
Home Equity Loan6.70%
Simple Mortgage39.30%
Debt Free44.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%