Spanish Fort, AL Real Estate
According to census data in the year 2000 there were 2,171 housing units in Spanish Fort.
This represents a 29.8% growth from 1,673 in 1990.
Of those housing units, 2,163 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Spanish Fort is about 82.9%.
Spanish Fort's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Spanish Fort were built after 1984.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 11.80% |
| Two Bedrooms | 12.30% |
| Three Bedrooms | 42.30% |
| Four Bedrooms | 29.20% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $157,700 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.59 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $1,275 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 52.90% |
| Debt Free | 23.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
