Charlotte, TN Real Estate

According to census data in the year 2000 there were 420 housing units in Charlotte. This represents a 12.3% growth from 374 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 420 were located in what is classified as a rural area.

Homeownership rate in Charlotte is about 71.1%. Charlotte's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Charlotte were built after 1972.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.70%
Two Bedrooms30.70%
Three Bedrooms45.70%
Four Bedrooms13.80%
Five Bedrooms or more4%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1972
Median Value of occupied units$84,000
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1971
Median Monthly Rent asked for vacant units$283

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage6.20%
Home Equity Loan2.20%
Simple Mortgage49.80%
Debt Free40.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%