Ooltewah, TN Real Estate
According to census data in the year 2000 there were 2,303 housing units in Ooltewah.
This represents a 24.7% growth from 1,847 in 1990.
Of those housing units, 2,224 were located in either urbanized areas or urban clusters, and 79 were located in what is classified as a rural area.
Homeownership rate in Ooltewah is about 75.1%.
Ooltewah's vacancy rate, including seasonal lodging, is about 5.9%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Ooltewah were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.90% |
| Two Bedrooms | 20.50% |
| Three Bedrooms | 47% |
| Four Bedrooms | 21.30% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $101,800 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $545 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 7.80% |
| Simple Mortgage | 49.80% |
| Debt Free | 34.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
