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Hobson City, AL Real Estate


According to census data in the year 2000 there were 423 housing units in Hobson City. This represents a 29.8% growth from 326 in 1990.

Of those housing units, 285 were located in either urbanized areas or urban clusters, and 138 were located in what is classified as a rural area.

Homeownership rate in Hobson City is about 54.7%. Hobson City's vacancy rate, including seasonal lodging, is about 12.3%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Hobson City were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom9%
Two Bedrooms35%
Three Bedrooms40.20%
Four Bedrooms13.70%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1962
Median Value of occupied units$43,000
Median Price asked for vacant units$325,000

Rented Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1966
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan3.80%
Simple Mortgage45.50%
Debt Free48.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.8%