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Belle Meade, TN Real Estate


According to census data in the year 2000 there were 1,148 housing units in Belle Meade. This represents a 0.1% decline from 1,149 in 1990.

Of those housing units, 1,148 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Belle Meade is about 95.6%. Belle Meade's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Belle Meade were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.90%
Two Bedrooms9%
Three Bedrooms27%
Four Bedrooms46.50%
Five Bedrooms or more16.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1947
Median Value of occupied units$743,500
Median Price asked for vacant units$659,100

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1943
Median Monthly Rent asked for vacant units$1,375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan11.60%
Simple Mortgage45%
Debt Free37%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%