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Oakman, AL Real Estate


According to census data in the year 2000 there were 434 housing units in Oakman. This represents a 17% growth from 371 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 434 were located in what is classified as a rural area.

Homeownership rate in Oakman is about 66.2%. Oakman's vacancy rate, including seasonal lodging, is about 12%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Oakman were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.80%
Two Bedrooms33.40%
Three Bedrooms50.90%
Four Bedrooms8.30%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1968
Median Value of occupied units$58,900
Median Price asked for vacant units$30,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1977
Median Monthly Rent asked for vacant units$238

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan0%
Simple Mortgage40.40%
Debt Free54.30%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs12.9%