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Lake View, AL Real Estate


According to census data in the year 2000 there were 498 housing units in Lake View.

Of those housing units, none were located in either urbanized areas or urban clusters, and 498 were located in what is classified as a rural area.

Homeownership rate in Lake View is about 98.1%. Lake View's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 3.1 people.

The majority of houses, apartments or condos in Lake View were built after 1993.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.60%
Two Bedrooms4.20%
Three Bedrooms74.10%
Four Bedrooms16.50%
Five Bedrooms or more4.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.11
Median year structure was built1993
Median Value of occupied units$123,600
Median Price asked for vacant units$125,000

Rented Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1985

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.40%
Home Equity Loan6.20%
Simple Mortgage64.40%
Debt Free19.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%