Valley, AL Real Estate
According to census data in the year 2000 there were 4,245 housing units in Valley.
This represents a 21.9% growth from 3,482 in 1990.
Of those housing units, 3,911 were located in either urbanized areas or urban clusters, and 334 were located in what is classified as a rural area.
Homeownership rate in Valley is about 75.7%.
Valley's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Valley were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.50% |
| Two Bedrooms | 38.70% |
| Three Bedrooms | 45.20% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $54,500 |
| Median Price asked for vacant units | $38,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $279 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 42.40% |
| Debt Free | 51% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.2% |
