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Tallassee, AL Real Estate


According to census data in the year 2000 there were 2,261 housing units in Tallassee. This represents a 1.8% decline from 2,302 in 1990.

Of those housing units, 1,814 were located in either urbanized areas or urban clusters, and 447 were located in what is classified as a rural area.

Homeownership rate in Tallassee is about 63.6%. Tallassee's vacancy rate, including seasonal lodging, is about 10.9%. Average household size is 2.25 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom13.50%
Two Bedrooms33.50%
Three Bedrooms41.60%
Four Bedrooms9%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1955
Median Value of occupied units$56,800
Median Price asked for vacant units$33,100

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1963
Median Monthly Rent asked for vacant units$280

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.10%
Home Equity Loan8.40%
Simple Mortgage39.90%
Debt Free48.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%