Sipsey, AL Real Estate
According to census data in the year 2000 there were 246 housing units in Sipsey.
This represents a 13.4% growth from 217 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 246 were located in what is classified as a rural area.
Homeownership rate in Sipsey is about 88.3%.
Sipsey's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.7 people.
The majority of houses, apartments or condos in Sipsey were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 4.10% |
| Two Bedrooms | 40.70% |
| Three Bedrooms | 48.40% |
| Four Bedrooms | 4.50% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $36,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $225 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.70% |
| Home Equity Loan | 3.70% |
| Simple Mortgage | 34.60% |
| Debt Free | 58.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19% |
