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Needham, AL Housing

 
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As of 2010-2014, median price of a house in Needham is $53,100, which is much lower than the state average of $123,800 and is much lower than the national average of $175,700. The Needham median house value has grown by 28.26% since 2000. The growth rate for the price of a house in Needham 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 Needham was built is 1967, 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.

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 45 Owner Occupied Houses in Needham, AL, #524
Needham, AL
53,100 USD
Alabama
123,800 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #326
Needham, AL
28.26%
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

 Needham, ALAlabamaU.S.
Total Housing Units69, see rank, 100%2,190,638132,741,033
Occupied Housing Units48, 69.57%, see rank84.09%87.55%
Owner Occupied45, 65.22%, see rank58.17%56.34%
Renter Occupied3, 4.35%, see rank25.93%31.21%
Vacant Housing Units21, 30.43%, see rank15.91%12.45%
For Rent0, 0.00%, see rank2.61%2.34%
For Sale Only0, 0.00%, see rank1.54%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.25%0.92%
For Seasonal, Recreational, or Occasional Use2, 2.90%, see rank3.76%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant19, 27.54%, see rank6.71%4.00%

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

Year Structure Built

Median Built Year, #503
Needham, ALAlabamaU.S.
196719811976

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

 Needham, AL%AlabamaU.S.
Owner-Occupied Units45100%1,274,19674,787,460
With a Mortgage715.56%, see rank58.96%65.58%
Without a Mortgage3884.44%, 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
Needham, AL
1,438 USD
Alabama
1,159 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsNeedham, AL%AlabamaU.S.
$299 or Less00.00%, see rank0.23%0.20%
$300 to $49900.00%, see rank2.96%1.59%
$500 to $699114.29%, see rank9.57%5.01%
$700 to $99900.00%, see rank24.89%14.32%
$1,000 to $1,499342.86%, see rank34.17%27.90%
$1,500 to $1,999342.86%, 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
Needham, AL
17.50% 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
 Needham, AL%AlabamaU.S.
10% or Less00.00%, see rank7.30%5.86%
10% to 20%571.43%, see rank37.14%31.95%
20% to 30%114.29%, see rank25.71%27.64%
30% to 40%00.00%, see rank11.45%13.74%
40% or More114.29%, 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
Needham, AL
262 USD
Alabama
349 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsNeedham, AL%AlabamaU.S.
$199 or Less615.79%, see rank11.83%7.76%
$200 to $2992360.53%, see rank24.55%14.70%
$300 to $499718.42%, see rank42.72%34.63%
$500 to $69925.26%, see rank14.46%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Needham, AL
10.00% 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
 Needham, AL%AlabamaU.S.
10% or Less3181.58%, see rank43.66%40.19%
10% to 20%513.16%, see rank30.25%31.47%
20% to 30%25.26%, see rank11.03%12.24%
30% to 40%00.00%, see rank5.23%5.64%
40% or More00.00%, 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

 Needham, ALAlabamaU.S.
Total Housing Units69, 100%2,190,638132,741,033
1-unit, Detached52, 75.36%, see rank68.53%61.65%
1-unit, Attached0, 0.00%, see rank1.66%5.82%
2 Units0, 0.00%, see rank2.09%3.75%
3 or 4 Units0, 0.00%, 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.17, 24.64%, see rank13.74%6.49%

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

Rooms

 Needham, ALAlabamaU.S.
Total Housing Units69, 100%2,190,638132,741,033
1 Room0, 0.00%, see rank1.12%1.95%
2 Rooms7, 10.14%, see rank1.17%2.48%
3 Rooms6, 8.70%, see rank5.77%9.13%
4 Rooms7, 10.14%, see rank15.10%16.60%
5 Rooms15, 21.74%, see rank23.28%20.41%
6 Rooms10, 14.49%, see rank20.97%18.06%
7 Rooms5, 7.25%, see rank13.59%12.27%
8 Rooms4, 5.80%, see rank8.86%8.48%
9 Rooms or More15, 21.74%, see rank10.13%10.60%
Median Rooms5.50, see rank5.705.50

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

Bedrooms

 Needham, ALAlabamaU.S.
Total Housing Units69, 100%2,190,638132,741,033
No Bedroom0, 0.00%, see rank1.21%2.17%
1 Bedroom13, 18.84%, see rank6.20%11.16%
2 Bedrooms11, 15.94%, see rank23.92%26.69%
3 Bedrooms36, 52.17%, see rank49.95%39.70%
4 Bedrooms9, 13.04%, see rank15.40%16.05%
5 or More Bedrooms0, 0.00%, see rank3.33%4.22%

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

House Heating Fuel

 Needham, ALAlabamaU.S.
Total Housing Units48, 100%1,842,174116,211,092
Utility Gas3, 6.25%, see rank29.16%48.85%
Bottled, Tank, or LP Gas7, 14.58%, see rank7.18%4.86%
Electricity38, 79.17%, 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 RentalNeedham, ALAlabamaU.S.
Occupied Units Paying Rent2, 100%505,13639,201,928
$199 or Less0, 0.00%, see rank2.18%1.50%
$200 to $2990, 0.00%, see rank5.01%3.18%
$300 to $4990, 0.00%, see rank14.15%7.37%
$500 to $6990, 0.00%, see rank26.64%16.01%
$700 to $9992, 100.00%, 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$0, see rank$715$920

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

Vehicle Available

 Needham, ALAlabamaU.S.
Occupied Housing Units48, 100%1,842,174116,211,092
No Vehicles Available2, 4.17%, see rank6.48%9.12%
1 Vehicles Available10, 20.83%, see rank32.94%33.80%
2 Vehicles Available18, 37.50%, see rank37.28%37.48%
3 or More Vehicles Available18, 37.50%, see rank23.30%19.61%

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


 
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