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Middle Valley, TN Real Estate


According to census data in the year 2000 there were 4,452 housing units in Middle Valley. This represents a 3.6% growth from 4,297 in 1990.

Of those housing units, 4,399 were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.

Homeownership rate in Middle Valley is about 87.1%. Middle Valley's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.76 people.

The majority of houses, apartments or condos in Middle Valley were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2%
Two Bedrooms13.10%
Three Bedrooms54.20%
Four Bedrooms26.30%
Five Bedrooms or more4.20%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1976
Median Value of occupied units$97,600
Median Price asked for vacant units$218,800

Rented Homes, Apartments and Condos

Average Household Size3.06
Median year structure was built1973
Median Monthly Rent asked for vacant units$478

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.40%
Home Equity Loan6.20%
Simple Mortgage58.70%
Debt Free27.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16%