Three Way, TN Real Estate

According to census data in the year 2000 there were 518 housing units in Three Way.

Of those housing units, 220 were located in either urbanized areas or urban clusters, and 298 were located in what is classified as a rural area.

Homeownership rate in Three Way is about 88.7%. Three Way's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Three Way were built after 1993.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.90%
Two Bedrooms9.50%
Three Bedrooms64.90%
Four Bedrooms21.80%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1994
Median Value of occupied units$120,700

Rented Homes, Apartments and Condos

Average Household Size2.96
Median year structure was built1978
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.60%
Second Mortgage1.70%
Home Equity Loan1.90%
Simple Mortgage75.50%
Debt Free18.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%