Alabama Housing Statistics

Alabama housing statistics tells us everything about the total number of housing units, its value, the number of occupancies and the number of rental occupancies in the state. The total housing sector comprises of 1,963,711 units out of which 20,082 units are located in the city of Auburn.

There are around 33,096 in the city of Birmingham, around 28,873 in Decatur and the rest are scattered in the cit of Mobile, Jefferson County, Fairfield, Shelby County and Huntsville. Among the housing statistics mentioned above there are around 173,182 houses that cost less than $50,000. This makes it quite affordable for the people who belong to the lower economic sections of the society. The rental occupancies in the state of Alabama comprises of around 10,805 units.

The month of June is considered to be the peak month for sale of houses. Statistics show that there has been a rise of 11% in the sale of housing during the month of June. This not only applicable to the current year but everywhere the real estate market picks up in June as compared to the other months of the year. April has seen around 5% of rise in sales and May has experienced 8% of housing sales. Comparatively the sales this year might not have been as good as the previous year. You can blame it on the deep economic recession but the real estate market is already picking up.



In the Birmingham area of Alabama the total sales of housing units this year has been 6389 as compared to 8113 units sold previous year. The new unit sales in the present year has been around 1087 whereas, the new unit sale previous year has been 1946. Moving on to the used unit sales this year, around 5280 houses have been sold compared to 6188 houses sold in the previous year.
Looking at the statistics it is quite evident that Alabama housing sector is surely going to improve with time. Employment opportunities created in this state is the driving force behind people who would want to invest in houses. The government also plans to take this state to heights of developments and prosperity as soon as possible.