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Malabar, FL Real Estate


According to census data in the year 2000 there were 1,228 housing units in Malabar. This represents a 46% growth from 841 in 1990.

Of those housing units, 356 were located in either urbanized areas or urban clusters, and 872 were located in what is classified as a rural area.

Homeownership rate in Malabar is about 91.5%. Malabar's vacancy rate, including seasonal lodging, is about 11.5%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Malabar were built after 1984.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom5%
Two Bedrooms22.60%
Three Bedrooms51.80%
Four Bedrooms16%
Five Bedrooms or more3.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1984
Median Value of occupied units$137,100
Median Price asked for vacant units$69,000

Rented Homes, Apartments and Condos

Average Household Size3.22
Median year structure was built1982
Median Monthly Rent asked for vacant units$396

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan4%
Simple Mortgage61.20%
Debt Free29.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.1%