Oliver Springs, TN Real Estate
According to census data in the year 2000 there were 1,466 housing units in Oliver Springs.
This represents a 5.8% growth from 1,385 in 1990.
Of those housing units, 1,254 were located in either urbanized areas or urban clusters, and 212 were located in what is classified as a rural area.
Homeownership rate in Oliver Springs is about 75.6%.
Oliver Springs's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Oliver Springs were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 4.40% |
| Two Bedrooms | 34.70% |
| Three Bedrooms | 51% |
| Four Bedrooms | 8.20% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $69,200 |
| Median Price asked for vacant units | $32,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.28 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $99 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 37% |
| Debt Free | 45.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
