Red Bay, AL Real Estate

According to census data in the year 2000 there were 1,588 housing units in Red Bay. This represents a 9.4% growth from 1,452 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,588 were located in what is classified as a rural area.

Homeownership rate in Red Bay is about 69%. Red Bay's vacancy rate, including seasonal lodging, is about 10.3%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Red Bay were built after 1971.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom9.40%
Two Bedrooms29.80%
Three Bedrooms48.10%
Four Bedrooms9.80%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1971
Median Value of occupied units$61,100
Median Price asked for vacant units$74,300

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1970
Median Monthly Rent asked for vacant units$209

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.90%
Home Equity Loan0.60%
Simple Mortgage47.60%
Debt Free45.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15%