Chapel Hill, TN Real Estate
According to census data in the year 2000 there were 431 housing units in Chapel Hill.
This represents a 24.6% growth from 346 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 431 were located in what is classified as a rural area.
Homeownership rate in Chapel Hill is about 77.3%.
Chapel Hill's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Chapel Hill were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 3.70% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 54.50% |
| Four Bedrooms | 10.40% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $81,100 |
| Median Price asked for vacant units | $61,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $508 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 40.20% |
| Debt Free | 50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
