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Geraldine, AL Real Estate


According to census data in the year 2000 there were 386 housing units in Geraldine. This represents a 6.9% growth from 361 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 386 were located in what is classified as a rural area.

Homeownership rate in Geraldine is about 68.6%. Geraldine's vacancy rate, including seasonal lodging, is about 10.1%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Geraldine were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7%
Two Bedrooms31.60%
Three Bedrooms51%
Four Bedrooms9.10%
Five Bedrooms or more1.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1972
Median Value of occupied units$73,400
Median Price asked for vacant units$46,700

Rented Homes, Apartments and Condos

Average Household Size1.36
Median year structure was built1971
Median Monthly Rent asked for vacant units$219

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan2.50%
Simple Mortgage42.90%
Debt Free51.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%