Home

Bal Harbour, FL Real Estate


According to census data in the year 2000 there were 3,137 housing units in Bal Harbour. This represents a 12.2% growth from 2,797 in 1990.

Of those housing units, 3,137 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Bal Harbour is about 48.4%. Bal Harbour's vacancy rate, including seasonal lodging, is about 39.7%. Average household size is 1.76 people.

The majority of houses, apartments or condos in Bal Harbour were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type7.60%
One Bedroom27.30%
Two Bedrooms52.50%
Three Bedrooms7.40%
Four Bedrooms2.40%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1972
Median Value of occupied units$664,300

Rented Homes, Apartments and Condos

Average Household Size1.51
Median year structure was built1966
Median Monthly Rent asked for vacant units$1,007

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan7.10%
Simple Mortgage35.70%
Debt Free57.10%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs22.2%