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Fairfield, AL Real Estate


According to census data in the year 2000 there were 4,943 housing units in Fairfield. This represents a 0.9% decline from 4,988 in 1990.

Of those housing units, 4,943 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fairfield is about 62.4%. Fairfield's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Fairfield were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom8%
Two Bedrooms28.80%
Three Bedrooms49.10%
Four Bedrooms12.30%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1961
Median Value of occupied units$71,100
Median Price asked for vacant units$39,600

Rented Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1965
Median Monthly Rent asked for vacant units$285

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.40%
Home Equity Loan5.20%
Simple Mortgage55.40%
Debt Free30.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%