Fairhope, AL Real Estate
According to census data in the year 2000 there were 5,951 housing units in Fairhope.
This represents a 56.3% growth from 3,808 in 1990.
Of those housing units, 5,709 were located in either urbanized areas or urban clusters, and 242 were located in what is classified as a rural area.
Homeownership rate in Fairhope is about 76.4%.
Fairhope's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Fairhope were built after 1979.
|Housing Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.33|
|Median year structure was built||1980|
|Median Value of occupied units||$149,900|
|Median Price asked for vacant units||$155,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.9|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$561|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||7.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.3%|