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Mountain Brook, AL Real Estate


According to census data in the year 2000 there were 8,243 housing units in Mountain Brook. This represents a 1.4% growth from 8,127 in 1990.

Of those housing units, 8,243 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mountain Brook is about 87.2%. Mountain Brook's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Mountain Brook were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom4.10%
Two Bedrooms12.60%
Three Bedrooms29.50%
Four Bedrooms36.80%
Five Bedrooms or more16.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1963
Median Value of occupied units$336,300
Median Price asked for vacant units$191,700

Rented Homes, Apartments and Condos

Average Household Size1.45
Median year structure was built1949
Median Monthly Rent asked for vacant units$585

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.30%
Home Equity Loan16.50%
Simple Mortgage40.10%
Debt Free35.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%