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Melville, LA Real Estate


According to census data in the year 2000 there were 636 housing units in Melville. This represents a 3.5% decline from 659 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 636 were located in what is classified as a rural area.

Homeownership rate in Melville is about 72.1%. Melville's vacancy rate, including seasonal lodging, is about 15.6%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Melville were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom11.80%
Two Bedrooms39%
Three Bedrooms41.20%
Four Bedrooms6.60%
Five Bedrooms or more1.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1964
Median Value of occupied units$43,100
Median Price asked for vacant units$20,000

Rented Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1968
Median Monthly Rent asked for vacant units$196

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.10%
Home Equity Loan0.70%
Simple Mortgage34.20%
Debt Free64%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%