Nashville, TN Real Estate
According to census data in the year 2000 there were 242,474 housing units in Nashville.
This represents a 10.5% growth from 219,528 in 1990.
Of those housing units, 232,997 were located in either urbanized areas or urban clusters, and 9,477 were located in what is classified as a rural area.
Homeownership rate in Nashville is about 54.5%.
Nashville's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Nashville were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 17.50% |
| Two Bedrooms | 34.30% |
| Three Bedrooms | 34.70% |
| Four Bedrooms | 10% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $113,300 |
| Median Price asked for vacant units | $112,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.06 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $540 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 56.90% |
| Debt Free | 27.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
