Nashville, MI Real Estate
According to census data in the year 2000 there were 687 housing units in Nashville.
This represents a 8.2% growth from 635 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 687 were located in what is classified as a rural area.
Homeownership rate in Nashville is about 68.2%.
Nashville's vacancy rate, including seasonal lodging, is about 5.4%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Nashville were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 15.10% |
| Two Bedrooms | 26.20% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 13.20% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.83 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $72,300 |
| Median Price asked for vacant units | $80,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $413 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 58% |
| Debt Free | 29.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.1% |
