Forestdale, AL Real Estate
According to census data in the year 2000 there were 4,350 housing units in Forestdale.
This represents a 4.6% growth from 4,160 in 1990.
Of those housing units, 4,319 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.
Homeownership rate in Forestdale is about 86.5%.
Forestdale's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Forestdale were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 1.90% |
| Two Bedrooms | 22.10% |
| Three Bedrooms | 55.10% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $93,500 |
| Median Price asked for vacant units | $79,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 51.30% |
| Debt Free | 37% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
