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Montevallo, AL Housing

 
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As of 2010-2014, median price of a house in Montevallo is $157,600, which is higher than the state average of $123,800 and is lower than the national average of $175,700. The Montevallo median house value has grown by 68.74% since 2000. The growth rate for the price of a house in Montevallo is higher than the state average rate of 45.48% and is higher than the national average rate of 46.91%. The median year that a house in Montevallo was built is 1990, which is newer than the median year for a house built in the state which is 1981 and is newer than 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 1,367 Owner Occupied Houses in Montevallo, AL, #64
Montevallo, AL
157,600 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #62
Montevallo, AL
68.74%
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

 Montevallo, ALAlabamaU.S.
Total Housing Units2,957, see rank, 100%2,190,638132,741,033
Occupied Housing Units2,450, 82.85%, see rank84.09%87.55%
Owner Occupied1,367, 46.23%, see rank58.17%56.34%
Renter Occupied1,083, 36.62%, see rank25.93%31.21%
Vacant Housing Units507, 17.15%, see rank15.91%12.45%
For Rent224, 7.58%, see rank2.61%2.34%
For Sale Only40, 1.35%, see rank1.54%1.20%
Rented or Sold, Not Occupied99, 3.35%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank3.76%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant144, 4.87%, see rank6.71%4.00%

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

Year Structure Built

Median Built Year, #73
Montevallo, ALAlabamaU.S.
199019811976

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

 Montevallo, AL%AlabamaU.S.
Owner-Occupied Units1,367100%1,274,19674,787,460
With a Mortgage75255.01%, see rank58.96%65.58%
Without a Mortgage61544.99%, 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
Montevallo, AL
1,301 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMontevallo, AL%AlabamaU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $499233.06%, see rank2.96%1.59%
$500 to $699395.19%, see rank9.57%5.01%
$700 to $99916622.07%, see rank24.89%14.32%
$1,000 to $1,49930140.03%, see rank34.17%27.90%
$1,500 to $1,99913618.09%, see rank16.11%20.35%
$2,000 to $2,9998110.77%, see rank9.13%19.52%
$3,000 or More60.80%, see rank2.95%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montevallo, AL
23.20% 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
 Montevallo, AL%AlabamaU.S.
10% or Less395.19%, see rank7.30%5.86%
10% to 20%23130.72%, see rank37.14%31.95%
20% to 30%25734.18%, see rank25.71%27.64%
30% to 40%13317.69%, see rank11.45%13.74%
40% or More9212.23%, 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
Montevallo, AL
350 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMontevallo, AL%AlabamaU.S.
$199 or Less6811.06%, see rank11.83%7.76%
$200 to $29919431.54%, see rank24.55%14.70%
$300 to $49927544.72%, see rank42.72%34.63%
$500 to $699548.78%, see rank14.46%21.16%
$700 or More243.90%, see rank6.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Montevallo, AL
10.60% 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
 Montevallo, AL%AlabamaU.S.
10% or Less28446.18%, see rank43.66%40.19%
10% to 20%16126.18%, see rank30.25%31.47%
20% to 30%12019.51%, see rank11.03%12.24%
30% to 40%00.00%, see rank5.23%5.64%
40% or More274.39%, 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

 Montevallo, ALAlabamaU.S.
Total Housing Units2,957, 100%2,190,638132,741,033
1-unit, Detached1,712, 57.90%, see rank68.53%61.65%
1-unit, Attached34, 1.15%, see rank1.66%5.82%
2 Units97, 3.28%, see rank2.09%3.75%
3 or 4 Units169, 5.72%, see rank2.93%4.43%
5 to 9 Units481, 16.27%, see rank4.20%4.78%
10 or More Units296, 10.01%, see rank6.84%13.08%
Mobile Home, Boat, RV, Van, etc.168, 5.68%, see rank13.74%6.49%

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

Rooms

 Montevallo, ALAlabamaU.S.
Total Housing Units2,957, 100%2,190,638132,741,033
1 Room13, 0.44%, see rank1.12%1.95%
2 Rooms61, 2.06%, see rank1.17%2.48%
3 Rooms481, 16.27%, see rank5.77%9.13%
4 Rooms451, 15.25%, see rank15.10%16.60%
5 Rooms584, 19.75%, see rank23.28%20.41%
6 Rooms391, 13.22%, see rank20.97%18.06%
7 Rooms293, 9.91%, see rank13.59%12.27%
8 Rooms353, 11.94%, see rank8.86%8.48%
9 Rooms or More330, 11.16%, see rank10.13%10.60%
Median Rooms5.30, see rank5.705.50

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

Bedrooms

 Montevallo, ALAlabamaU.S.
Total Housing Units2,957, 100%2,190,638132,741,033
No Bedroom13, 0.44%, see rank1.21%2.17%
1 Bedroom401, 13.56%, see rank6.20%11.16%
2 Bedrooms795, 26.89%, see rank23.92%26.69%
3 Bedrooms1,100, 37.20%, see rank49.95%39.70%
4 Bedrooms528, 17.86%, see rank15.40%16.05%
5 or More Bedrooms120, 4.06%, see rank3.33%4.22%

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

House Heating Fuel

 Montevallo, ALAlabamaU.S.
Total Housing Units2,450, 100%1,842,174116,211,092
Utility Gas395, 16.12%, see rank29.16%48.85%
Bottled, Tank, or LP Gas183, 7.47%, see rank7.18%4.86%
Electricity1,813, 74.00%, 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 Used59, 2.41%, see rank0.31%1.00%

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

Gross Rent

Monthly RentalMontevallo, ALAlabamaU.S.
Occupied Units Paying Rent1,072, 100%505,13639,201,928
$199 or Less14, 1.31%, see rank2.18%1.50%
$200 to $29916, 1.49%, see rank5.01%3.18%
$300 to $499103, 9.61%, see rank14.15%7.37%
$500 to $699435, 40.58%, see rank26.64%16.01%
$700 to $999451, 42.07%, see rank32.35%29.17%
$1,000 to $1,49953, 4.94%, 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$688, see rank$715$920

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

Vehicle Available

 Montevallo, ALAlabamaU.S.
Occupied Housing Units2,450, 100%1,842,174116,211,092
No Vehicles Available185, 7.55%, see rank6.48%9.12%
1 Vehicles Available959, 39.14%, see rank32.94%33.80%
2 Vehicles Available932, 38.04%, see rank37.28%37.48%
3 or More Vehicles Available374, 15.27%, see rank23.30%19.61%

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


 
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