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Vance, AL Real Estate


According to census data in the year 2000 there were 215 housing units in Vance. This represents a 133.7% growth from 92 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 215 were located in what is classified as a rural area.

Homeownership rate in Vance is about 81.7%. Vance's vacancy rate, including seasonal lodging, is about 13.5%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Vance were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms18.10%
Three Bedrooms72.10%
Four Bedrooms6.50%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1976
Median Value of occupied units$101,700

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1972
Median Monthly Rent asked for vacant units$175

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage13.60%
Home Equity Loan7.40%
Simple Mortgage51.90%
Debt Free27.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%