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Louisville, AL Real Estate


According to census data in the year 2000 there were 284 housing units in Louisville. This represents a 5.2% growth from 270 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 284 were located in what is classified as a rural area.

Homeownership rate in Louisville is about 80.9%. Louisville's vacancy rate, including seasonal lodging, is about 9.5%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Louisville were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom3.20%
Two Bedrooms21.50%
Three Bedrooms56.70%
Four Bedrooms14.80%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1962
Median Value of occupied units$55,900
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1979
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan1.30%
Simple Mortgage29.50%
Debt Free65.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.5%