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Colonial Heights, TN Real Estate


According to census data in the year 2000 there were 2,937 housing units in Colonial Heights. This represents a 12.4% growth from 2,613 in 1990.

Of those housing units, 2,937 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Colonial Heights is about 85.1%. Colonial Heights's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Colonial Heights were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom2.50%
Two Bedrooms16.70%
Three Bedrooms49.20%
Four Bedrooms25.70%
Five Bedrooms or more5.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1970
Median Value of occupied units$112,200
Median Price asked for vacant units$175,700

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1977
Median Monthly Rent asked for vacant units$356

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan11.50%
Simple Mortgage43.60%
Debt Free39.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.8%