Malabar, FL Real Estate
According to census data in the year 2000 there were 1,228 housing units in Malabar.
This represents a 46% growth from 841 in 1990.
Of those housing units, 356 were located in either urbanized areas or urban clusters, and 872 were located in what is classified as a rural area.
Homeownership rate in Malabar is about 91.5%.
Malabar's vacancy rate, including seasonal lodging, is about 11.5%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Malabar were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 5% |
| Two Bedrooms | 22.60% |
| Three Bedrooms | 51.80% |
| Four Bedrooms | 16% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $137,100 |
| Median Price asked for vacant units | $69,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.22 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $396 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.50% |
| Home Equity Loan | 4% |
| Simple Mortgage | 61.20% |
| Debt Free | 29.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.1% |
