Luverne, AL Real Estate

According to census data in the year 2000 there were 1,240 housing units in Luverne. This represents a 14% growth from 1,088 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,240 were located in what is classified as a rural area.

Homeownership rate in Luverne is about 56.6%. Luverne's vacancy rate, including seasonal lodging, is about 10.5%. Average household size is 2.24 people.

The majority of houses, apartments or condos in Luverne were built after 1968.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom12.70%
Two Bedrooms22.40%
Three Bedrooms54%
Four Bedrooms7.90%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1967
Median Value of occupied units$61,900
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1971
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan5.20%
Simple Mortgage42.70%
Debt Free47%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%