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Lula, MS Real Estate


According to census data in the year 2000 there were 147 housing units in Lula. This represents a 58.1% growth from 93 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 147 were located in what is classified as a rural area.

Homeownership rate in Lula is about 71%. Lula's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Lula were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom15.60%
Two Bedrooms19.70%
Three Bedrooms55.80%
Four Bedrooms7.50%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1971
Median Value of occupied units$54,700
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1980
Median Monthly Rent asked for vacant units$150

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan0%
Simple Mortgage41.70%
Debt Free50%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%