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Addis, LA Real Estate


According to census data in the year 2000 there were 855 housing units in Addis. This represents a 80% growth from 475 in 1990.

Of those housing units, 848 were located in either urbanized areas or urban clusters, and 7 were located in what is classified as a rural area.

Homeownership rate in Addis is about 85%. Addis's vacancy rate, including seasonal lodging, is about 7.4%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Addis were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom6.40%
Two Bedrooms28.50%
Three Bedrooms51.70%
Four Bedrooms10.80%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1981
Median Value of occupied units$94,900
Median Price asked for vacant units$58,300

Rented Homes, Apartments and Condos

Average Household Size3.31
Median year structure was built1981
Median Monthly Rent asked for vacant units$275

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan1.90%
Simple Mortgage53.60%
Debt Free39.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%