Oak Hill, TN Real Estate
According to census data in the year 2000 there were 1,869 housing units in Oak Hill.
This represents a 4.5% growth from 1,788 in 1990.
Of those housing units, 1,328 were located in either urbanized areas or urban clusters, and 541 were located in what is classified as a rural area.
Homeownership rate in Oak Hill is about 93.6%.
Oak Hill's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Oak Hill were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.80% |
| Two Bedrooms | 11.50% |
| Three Bedrooms | 41.50% |
| Four Bedrooms | 36.80% |
| Five Bedrooms or more | 8.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $278,600 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9% |
| Home Equity Loan | 7.50% |
| Simple Mortgage | 42.70% |
| Debt Free | 40.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.6% |
