Gulf Shores, AL Real Estate
According to census data in the year 2000 there were 6,847 housing units in Gulf Shores.
This represents a 37.6% growth from 4,976 in 1990.
Of those housing units, 3,442 were located in either urbanized areas or urban clusters, and 3,405 were located in what is classified as a rural area.
Homeownership rate in Gulf Shores is about 71.9%.
Gulf Shores's vacancy rate, including seasonal lodging, is about 65%.
Average household size is 2.15 people.
The majority of houses, apartments or condos in Gulf Shores were built after 1988.
|Housing Units by Size|
|Five Bedrooms or more||2%|
Owned Homes, Apartments and Condos
|Average Household Size||2.1|
|Median year structure was built||1988|
|Median Value of occupied units||$177,200|
|Median Price asked for vacant units||$188,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.28|
|Median year structure was built||1987|
|Median Monthly Rent asked for vacant units||$852|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.3%|