Medina, TN Real Estate
According to census data in the year 2000 there were 448 housing units in Medina.
This represents a 34.9% growth from 332 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 448 were located in what is classified as a rural area.
Homeownership rate in Medina is about 64.3%.
Medina's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Medina were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 3.30% |
| Two Bedrooms | 43.10% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 0.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $70,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.32 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.80% |
| Second Mortgage | 0.90% |
| Home Equity Loan | 4% |
| Simple Mortgage | 51.10% |
| Debt Free | 42.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
