Selmer, TN Real Estate
According to census data in the year 2000 there were 2,142 housing units in Selmer.
This represents a 20.3% growth from 1,780 in 1990.
Of those housing units, 1,856 were located in either urbanized areas or urban clusters, and 286 were located in what is classified as a rural area.
Homeownership rate in Selmer is about 65.7%.
Selmer's vacancy rate, including seasonal lodging, is about 10.5%.
Average household size is 2.1 people.
The majority of houses, apartments or condos in Selmer were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 9.70% |
| Two Bedrooms | 34% |
| Three Bedrooms | 43.80% |
| Four Bedrooms | 8.60% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $64,200 |
| Median Price asked for vacant units | $62,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $230 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.20% |
| Home Equity Loan | 0% |
| Simple Mortgage | 45.80% |
| Debt Free | 50.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.5% |
