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Oak Grove, AL Real Estate


According to census data in the year 2000 there were 190 housing units in Oak Grove. This represents a 2.7% growth from 185 in 1990.

Of those housing units, 63 were located in either urbanized areas or urban clusters, and 127 were located in what is classified as a rural area.

Homeownership rate in Oak Grove is about 68.2%. Oak Grove's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Oak Grove were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.60%
Two Bedrooms35.80%
Three Bedrooms55.80%
Four Bedrooms5.80%
Five Bedrooms or more1.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1981
Median Value of occupied units$61,800

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1965
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.60%
Home Equity Loan3.30%
Simple Mortgage37.70%
Debt Free52.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.1%