Murfreesboro, TN Real Estate
According to census data in the year 2000 there were 28,952 housing units in Murfreesboro.
This represents a 54.8% growth from 18,708 in 1990.
Of those housing units, 28,645 were located in either urbanized areas or urban clusters, and 307 were located in what is classified as a rural area.
Homeownership rate in Murfreesboro is about 52.3%.
Murfreesboro's vacancy rate, including seasonal lodging, is about 7.9%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Murfreesboro were built after 1983.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 16.50% |
| Two Bedrooms | 29.10% |
| Three Bedrooms | 38% |
| Four Bedrooms | 13% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $121,200 |
| Median Price asked for vacant units | $114,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $593 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8% |
| Home Equity Loan | 7% |
| Simple Mortgage | 60.60% |
| Debt Free | 24.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
