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Vestavia Hills, AL Real Estate


According to census data in the year 2000 there were 10,616 housing units in Vestavia Hills. This represents a 32.1% growth from 8,034 in 1990.

Of those housing units, 9,866 were located in either urbanized areas or urban clusters, and 750 were located in what is classified as a rural area.

Homeownership rate in Vestavia Hills is about 78.4%. Vestavia Hills's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Vestavia Hills were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom7.20%
Two Bedrooms17.90%
Three Bedrooms31.90%
Four Bedrooms30.30%
Five Bedrooms or more10.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1973
Median Value of occupied units$205,200
Median Price asked for vacant units$245,800

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1976
Median Monthly Rent asked for vacant units$833

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage8.80%
Home Equity Loan13.70%
Simple Mortgage47.70%
Debt Free29.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%