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 Type | 0% |
| One Bedroom | 4.80% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 50.90% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $58,900 |
| Median Price asked for vacant units | $30,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $238 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 0% |
| Simple Mortgage | 40.40% |
| Debt Free | 54.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 12.9% |
