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Mentone, AL Real Estate


According to census data in the year 2000 there were 364 housing units in Mentone. This represents a 7.4% growth from 339 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 364 were located in what is classified as a rural area.

Homeownership rate in Mentone is about 80.6%. Mentone's vacancy rate, including seasonal lodging, is about 40.7%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Mentone were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom4.10%
Two Bedrooms34.60%
Three Bedrooms47.80%
Four Bedrooms11.30%
Five Bedrooms or more2.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1963
Median Value of occupied units$65,700
Median Price asked for vacant units$81,000

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1940
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.70%
Home Equity Loan15%
Simple Mortgage18.60%
Debt Free63.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.4%