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Louisville, AL Housing

 
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As of 2010-2014, median price of a house in Louisville is $74,300, which is much lower than the state average of $123,800 and is much lower than the national average of $175,700. The Louisville median house value has grown by 32.92% since 2000. The growth rate for the price of a house in Louisville is lower than the state average rate of 45.48% and is lower than the national average rate of 46.91%. The median year that a house in Louisville was built is 1976, which is older than the median year for a house built in the state which is 1981 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 118 Owner Occupied Houses in Louisville, AL, #409
Louisville, AL
74,300 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #300
Louisville, AL
32.92%
Alabama
45.48%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Louisville, ALAlabamaU.S.
Total Housing Units241, see rank, 100%2,190,638132,741,033
Occupied Housing Units175, 72.61%, see rank84.09%87.55%
Owner Occupied118, 48.96%, see rank58.17%56.34%
Renter Occupied57, 23.65%, see rank25.93%31.21%
Vacant Housing Units66, 27.39%, see rank15.91%12.45%
For Rent15, 6.22%, see rank2.61%2.34%
For Sale Only5, 2.07%, see rank1.54%1.20%
Rented or Sold, Not Occupied6, 2.49%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use5, 2.07%, see rank3.76%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant35, 14.52%, see rank6.71%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #320
Louisville, ALAlabamaU.S.
197619811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Louisville, AL%AlabamaU.S.
Owner-Occupied Units118100%1,274,19674,787,460
With a Mortgage6252.54%, see rank58.96%65.58%
Without a Mortgage5647.46%, see rank41.04%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Louisville, AL
812 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsLouisville, AL%AlabamaU.S.
$299 or Less23.23%, see rank0.23%0.20%
$300 to $49923.23%, see rank2.96%1.59%
$500 to $6991625.81%, see rank9.57%5.01%
$700 to $9992641.94%, see rank24.89%14.32%
$1,000 to $1,499914.52%, see rank34.17%27.90%
$1,500 to $1,999711.29%, see rank16.11%20.35%
$2,000 to $2,99900.00%, see rank9.13%19.52%
$3,000 or More00.00%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Louisville, AL
27.20% of the Total Income
Alabama
21.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Louisville, AL%AlabamaU.S.
10% or Less23.23%, see rank7.30%5.86%
10% to 20%2337.10%, see rank37.14%31.95%
20% to 30%1117.74%, see rank25.71%27.64%
30% to 40%00.00%, see rank11.45%13.74%
40% or More2641.94%, see rank17.78%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Louisville, AL
433 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsLouisville, AL%AlabamaU.S.
$199 or Less712.50%, see rank11.83%7.76%
$200 to $299712.50%, see rank24.55%14.70%
$300 to $4992646.43%, see rank42.72%34.63%
$500 to $6991425.00%, see rank14.46%21.16%
$700 or More23.57%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Louisville, AL
11.70% of the Total Income
Alabama
11.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Louisville, AL%AlabamaU.S.
10% or Less2442.86%, see rank43.66%40.19%
10% to 20%2035.71%, see rank30.25%31.47%
20% to 30%23.57%, see rank11.03%12.24%
30% to 40%00.00%, see rank5.23%5.64%
40% or More1017.86%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Louisville, ALAlabamaU.S.
Total Housing Units241, 100%2,190,638132,741,033
1-unit, Detached136, 56.43%, see rank68.53%61.65%
1-unit, Attached10, 4.15%, see rank1.66%5.82%
2 Units2, 0.83%, see rank2.09%3.75%
3 or 4 Units30, 12.45%, see rank2.93%4.43%
5 to 9 Units0, 0.00%, see rank4.20%4.78%
10 or More Units0, 0.00%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.63, 26.14%, see rank13.74%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Louisville, ALAlabamaU.S.
Total Housing Units241, 100%2,190,638132,741,033
1 Room0, 0.00%, see rank1.12%1.95%
2 Rooms0, 0.00%, see rank1.17%2.48%
3 Rooms33, 13.69%, see rank5.77%9.13%
4 Rooms17, 7.05%, see rank15.10%16.60%
5 Rooms54, 22.41%, see rank23.28%20.41%
6 Rooms66, 27.39%, see rank20.97%18.06%
7 Rooms31, 12.86%, see rank13.59%12.27%
8 Rooms27, 11.20%, see rank8.86%8.48%
9 Rooms or More13, 5.39%, see rank10.13%10.60%
Median Rooms5.80, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Louisville, ALAlabamaU.S.
Total Housing Units241, 100%2,190,638132,741,033
No Bedroom0, 0.00%, see rank1.21%2.17%
1 Bedroom27, 11.20%, see rank6.20%11.16%
2 Bedrooms29, 12.03%, see rank23.92%26.69%
3 Bedrooms153, 63.49%, see rank49.95%39.70%
4 Bedrooms28, 11.62%, see rank15.40%16.05%
5 or More Bedrooms4, 1.66%, see rank3.33%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Louisville, ALAlabamaU.S.
Total Housing Units175, 100%1,842,174116,211,092
Utility Gas0, 0.00%, see rank29.16%48.85%
Bottled, Tank, or LP Gas40, 22.86%, see rank7.18%4.86%
Electricity135, 77.14%, see rank61.92%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.21%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood0, 0.00%, see rank1.11%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.09%0.47%
No Fuel Used0, 0.00%, see rank0.31%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalLouisville, ALAlabamaU.S.
Occupied Units Paying Rent35, 100%505,13639,201,928
$199 or Less0, 0.00%, see rank2.18%1.50%
$200 to $2994, 11.43%, see rank5.01%3.18%
$300 to $4996, 17.14%, see rank14.15%7.37%
$500 to $69925, 71.43%, see rank26.64%16.01%
$700 to $9990, 0.00%, see rank32.35%29.17%
$1,000 to $1,4990, 0.00%, see rank15.87%26.88%
$1,500 to $1,9990, 0.00%, see rank2.54%9.79%
$2,000 or More0, 0.00%, see rank1.26%6.10%
Median$518, see rank$715$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Louisville, ALAlabamaU.S.
Occupied Housing Units175, 100%1,842,174116,211,092
No Vehicles Available44, 25.14%, see rank6.48%9.12%
1 Vehicles Available25, 14.29%, see rank32.94%33.80%
2 Vehicles Available62, 35.43%, see rank37.28%37.48%
3 or More Vehicles Available44, 25.14%, see rank23.30%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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