Lynn, AL Real Estate
According to census data in the year 2000 there were 280 housing units in Lynn.
This represents a 4.9% growth from 267 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 280 were located in what is classified as a rural area.
Homeownership rate in Lynn is about 79.6%.
Lynn's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in Lynn were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 4.60% |
| Two Bedrooms | 38.20% |
| Three Bedrooms | 47.90% |
| Four Bedrooms | 8.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $48,800 |
| Median Price asked for vacant units | $27,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.57 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $175 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 38.20% |
| Debt Free | 56.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.5% |
