Birmingham, AL Real Estate
According to census data in the year 2000 there were 112,229 housing units in Birmingham.
This represents a 4.6% decline from 117,691 in 1990.
Of those housing units, 111,613 were located in either urbanized areas or urban clusters, and 616 were located in what is classified as a rural area.
Homeownership rate in Birmingham is about 53.5%.
Birmingham's vacancy rate, including seasonal lodging, is about 11.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Birmingham were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1957|
|Median Value of occupied units||$62,100|
|Median Price asked for vacant units||$46,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.2|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$348|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||5.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.8%|