Morristown, TN Real Estate
According to census data in the year 2000 there were 11,032 housing units in Morristown.
This represents a 19.3% growth from 9,248 in 1990.
Of those housing units, 10,874 were located in either urbanized areas or urban clusters, and 158 were located in what is classified as a rural area.
Homeownership rate in Morristown is about 59%.
Morristown's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Morristown were built after 1969.
|Housing Units by Size|
|Five Bedrooms or more||2.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1965|
|Median Value of occupied units||$72,800|
|Median Price asked for vacant units||$65,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.39|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$313|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||4.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.4%|