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 Type | 1.60% |
| One Bedroom | 6.40% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 51.70% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $94,900 |
| Median Price asked for vacant units | $58,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.31 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 1.90% |
| Simple Mortgage | 53.60% |
| Debt Free | 39.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
