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Monteagle, TN Real Estate


According to census data in the year 2000 there were 695 housing units in Monteagle. This represents a 56.5% growth from 444 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 695 were located in what is classified as a rural area.

Homeownership rate in Monteagle is about 75.1%. Monteagle's vacancy rate, including seasonal lodging, is about 32.9%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Monteagle were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom5%
Two Bedrooms29.20%
Three Bedrooms37.40%
Four Bedrooms13.80%
Five Bedrooms or more13.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1972
Median Value of occupied units$69,600
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1977
Median Monthly Rent asked for vacant units$364

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.80%
Home Equity Loan1.60%
Simple Mortgage45.60%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%