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Gainesville, AL Real Estate


According to census data in the year 2000 there were 120 housing units in Gainesville. This represents a 43.9% decline from 214 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 120 were located in what is classified as a rural area.

Homeownership rate in Gainesville is about 85%. Gainesville's vacancy rate, including seasonal lodging, is about 33.3%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Gainesville were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.50%
Two Bedrooms41.70%
Three Bedrooms44.20%
Four Bedrooms10%
Five Bedrooms or more1.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1984
Median Value of occupied units$43,000
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1946

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan5.30%
Simple Mortgage23.70%
Debt Free71.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs24.5%