Farragut, TN Real Estate
According to census data in the year 2000 there were 6,687 housing units in Farragut.
This represents a 50.1% growth from 4,456 in 1990.
Of those housing units, 6,678 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Farragut is about 89.6%.
Farragut's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Farragut were built after 1985.
|Housing Units by Size|
|Five Bedrooms or more||12.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1985|
|Median Value of occupied units||$192,800|
|Median Price asked for vacant units||$148,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.91|
|Median year structure was built||1989|
|Median Monthly Rent asked for vacant units||$797|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||11.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.6%|