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 Type | 0.70% |
| One Bedroom | 3.20% |
| Two Bedrooms | 21.50% |
| Three Bedrooms | 56.70% |
| Four Bedrooms | 14.80% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $55,900 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.39 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 1.30% |
| Simple Mortgage | 29.50% |
| Debt Free | 65.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.5% |
