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Adel, IA Real Estate


According to census data in the year 2000 there were 1,419 housing units in Adel. This represents a 10.4% growth from 1,285 in 1990.

Of those housing units, 1,191 were located in either urbanized areas or urban clusters, and 228 were located in what is classified as a rural area.

Homeownership rate in Adel is about 68.8%. Adel's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Adel were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom15.90%
Two Bedrooms29.10%
Three Bedrooms39%
Four Bedrooms10.60%
Five Bedrooms or more3.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1963
Median Value of occupied units$94,600
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1973
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan16.10%
Simple Mortgage49.70%
Debt Free28.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%