Homewood, AL Housing
As of 2010-2014, median price of a house in Homewood is $286,300, which is much higher than the state average of $123,800 and is much higher than the national average of $175,700. The Homewood median house value has grown by 78.16% since 2000. The growth rate for the price of a house in Homewood 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 Homewood was built is 1964, which is older than the median year for a house built in the state which is 1981 and is older than the median year for a house built in the USA which is 1976.
House Value
Median Value of a Total of 5,038 Owner Occupied Houses in Homewood, AL, #9Homewood, AL | 286,300 USD |
Alabama | 123,800 USD |
U.S. | 175,700 USD |
Homewood, AL | 78.16% |
Alabama | 45.48% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Homewood, AL | Alabama | U.S. | |
Total Housing Units | 10,555, see rank, 100% | 2,190,638 | 132,741,033 |
Occupied Housing Units | 9,306, 88.17%, see rank | 84.09% | 87.55% |
Owner Occupied | 5,038, 47.73%, see rank | 58.17% | 56.34% |
Renter Occupied | 4,268, 40.44%, see rank | 25.93% | 31.21% |
Vacant Housing Units | 1,249, 11.83%, see rank | 15.91% | 12.45% |
For Rent | 285, 2.70%, see rank | 2.61% | 2.34% |
For Sale Only | 225, 2.13%, see rank | 1.54% | 1.20% |
Rented or Sold, Not Occupied | 236, 2.24%, see rank | 1.25% | 0.92% |
For Seasonal, Recreational, or Occasional Use | 64, 0.61%, see rank | 3.76% | 3.97% |
For Migrant Workers | 0, 0.00%, see rank | 0.03% | 0.03% |
Other Vacant | 439, 4.16%, see rank | 6.71% | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #525Homewood, AL | Alabama | U.S. |
1964 | 1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Homewood, AL | % | Alabama | U.S. | |
Owner-Occupied Units | 5,038 | 100% | 1,274,196 | 74,787,460 |
With a Mortgage | 3,714 | 73.72%, see rank | 58.96% | 65.58% |
Without a Mortgage | 1,324 | 26.28%, see rank | 41.04% | 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
Homewood, AL | 1,751 USD |
Alabama | 1,159 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Homewood, AL | % | Alabama | U.S. |
$299 or Less | 0 | 0.00%, see rank | 0.23% | 0.20% |
$300 to $499 | 47 | 1.27%, see rank | 2.96% | 1.59% |
$500 to $699 | 64 | 1.72%, see rank | 9.57% | 5.01% |
$700 to $999 | 364 | 9.80%, see rank | 24.89% | 14.32% |
$1,000 to $1,499 | 771 | 20.76%, see rank | 34.17% | 27.90% |
$1,500 to $1,999 | 1,002 | 26.98%, see rank | 16.11% | 20.35% |
$2,000 to $2,999 | 1,147 | 30.88%, see rank | 9.13% | 19.52% |
$3,000 or More | 319 | 8.59%, see rank | 2.95% | 11.12% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Homewood, AL | 21.30% 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
Homewood, AL | % | Alabama | U.S. | |
10% or Less | 216 | 5.82%, see rank | 7.30% | 5.86% |
10% to 20% | 1,452 | 39.10%, see rank | 37.14% | 31.95% |
20% to 30% | 1,113 | 29.97%, see rank | 25.71% | 27.64% |
30% to 40% | 430 | 11.58%, see rank | 11.45% | 13.74% |
40% or More | 503 | 13.54%, see rank | 17.78% | 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
Homewood, AL | 477 USD |
Alabama | 349 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Homewood, AL | % | Alabama | U.S. |
$199 or Less | 20 | 1.51%, see rank | 11.83% | 7.76% |
$200 to $299 | 97 | 7.33%, see rank | 24.55% | 14.70% |
$300 to $499 | 605 | 45.69%, see rank | 42.72% | 34.63% |
$500 to $699 | 341 | 25.76%, see rank | 14.46% | 21.16% |
$700 or More | 261 | 19.71%, see rank | 6.44% | 21.75% |
Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Homewood, AL | 10.20% 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
Homewood, AL | % | Alabama | U.S. | |
10% or Less | 651 | 49.17%, see rank | 43.66% | 40.19% |
10% to 20% | 446 | 33.69%, see rank | 30.25% | 31.47% |
20% to 30% | 57 | 4.31%, see rank | 11.03% | 12.24% |
30% to 40% | 35 | 2.64%, see rank | 5.23% | 5.64% |
40% or More | 130 | 9.82%, see rank | 8.16% | 9.16% |
*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.
Units in Structure
Homewood, AL | Alabama | U.S. | |
Total Housing Units | 10,555, 100% | 2,190,638 | 132,741,033 |
1-unit, Detached | 5,838, 55.31%, see rank | 68.53% | 61.65% |
1-unit, Attached | 290, 2.75%, see rank | 1.66% | 5.82% |
2 Units | 155, 1.47%, see rank | 2.09% | 3.75% |
3 or 4 Units | 690, 6.54%, see rank | 2.93% | 4.43% |
5 to 9 Units | 1,009, 9.56%, see rank | 4.20% | 4.78% |
10 or More Units | 2,526, 23.93%, see rank | 6.84% | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 47, 0.45%, see rank | 13.74% | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Homewood, AL | Alabama | U.S. | |
Total Housing Units | 10,555, 100% | 2,190,638 | 132,741,033 |
1 Room | 193, 1.83%, see rank | 1.12% | 1.95% |
2 Rooms | 186, 1.76%, see rank | 1.17% | 2.48% |
3 Rooms | 853, 8.08%, see rank | 5.77% | 9.13% |
4 Rooms | 2,234, 21.17%, see rank | 15.10% | 16.60% |
5 Rooms | 1,841, 17.44%, see rank | 23.28% | 20.41% |
6 Rooms | 1,337, 12.67%, see rank | 20.97% | 18.06% |
7 Rooms | 1,488, 14.10%, see rank | 13.59% | 12.27% |
8 Rooms | 1,004, 9.51%, see rank | 8.86% | 8.48% |
9 Rooms or More | 1,419, 13.44%, see rank | 10.13% | 10.60% |
Median Rooms | 5.50, see rank | 5.70 | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Homewood, AL | Alabama | U.S. | |
Total Housing Units | 10,555, 100% | 2,190,638 | 132,741,033 |
No Bedroom | 234, 2.22%, see rank | 1.21% | 2.17% |
1 Bedroom | 1,310, 12.41%, see rank | 6.20% | 11.16% |
2 Bedrooms | 3,608, 34.18%, see rank | 23.92% | 26.69% |
3 Bedrooms | 3,646, 34.54%, see rank | 49.95% | 39.70% |
4 Bedrooms | 1,395, 13.22%, see rank | 15.40% | 16.05% |
5 or More Bedrooms | 362, 3.43%, see rank | 3.33% | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Homewood, AL | Alabama | U.S. | |
Total Housing Units | 9,306, 100% | 1,842,174 | 116,211,092 |
Utility Gas | 5,417, 58.21%, see rank | 29.16% | 48.85% |
Bottled, Tank, or LP Gas | 41, 0.44%, see rank | 7.18% | 4.86% |
Electricity | 3,777, 40.59%, see rank | 61.92% | 36.68% |
Fuel Oil, Kerosene, etc. | 0, 0.00%, see rank | 0.21% | 5.86% |
Coal or Coke | 0, 0.00%, see rank | 0.01% | 0.12% |
Wood | 31, 0.33%, see rank | 1.11% | 2.12% |
Solar Energy | 0, 0.00%, see rank | 0.01% | 0.05% |
Other Fuel | 0, 0.00%, see rank | 0.09% | 0.47% |
No Fuel Used | 40, 0.43%, see rank | 0.31% | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Homewood, AL | Alabama | U.S. |
Occupied Units Paying Rent | 4,101, 100% | 505,136 | 39,201,928 |
$199 or Less | 10, 0.24%, see rank | 2.18% | 1.50% |
$200 to $299 | 55, 1.34%, see rank | 5.01% | 3.18% |
$300 to $499 | 106, 2.58%, see rank | 14.15% | 7.37% |
$500 to $699 | 468, 11.41%, see rank | 26.64% | 16.01% |
$700 to $999 | 2,027, 49.43%, see rank | 32.35% | 29.17% |
$1,000 to $1,499 | 836, 20.39%, see rank | 15.87% | 26.88% |
$1,500 to $1,999 | 304, 7.41%, see rank | 2.54% | 9.79% |
$2,000 or More | 295, 7.19%, see rank | 1.26% | 6.10% |
Median | $923, see rank | $715 | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Homewood, AL | Alabama | U.S. | |
Occupied Housing Units | 9,306, 100% | 1,842,174 | 116,211,092 |
No Vehicles Available | 346, 3.72%, see rank | 6.48% | 9.12% |
1 Vehicles Available | 3,586, 38.53%, see rank | 32.94% | 33.80% |
2 Vehicles Available | 3,856, 41.44%, see rank | 37.28% | 37.48% |
3 or More Vehicles Available | 1,518, 16.31%, see rank | 23.30% | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.