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Cotton Valley, LA Real Estate


According to census data in the year 2000 there were 581 housing units in Cotton Valley. This represents a 12.4% growth from 517 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 581 were located in what is classified as a rural area.

Homeownership rate in Cotton Valley is about 71.8%. Cotton Valley's vacancy rate, including seasonal lodging, is about 17%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Cotton Valley were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom4.80%
Two Bedrooms38.20%
Three Bedrooms51.10%
Four Bedrooms4.10%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1960
Median Value of occupied units$34,300
Median Price asked for vacant units$42,500

Rented Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1958
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan1.50%
Simple Mortgage37.20%
Debt Free58.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.8%