Knoxville, TN Real Estate
According to census data in the year 2000 there were 84,897 housing units in Knoxville.
This represents a 11% growth from 76,453 in 1990.
Of those housing units, 84,830 were located in either urbanized areas or urban clusters, and 67 were located in what is classified as a rural area.
Homeownership rate in Knoxville is about 51.1%.
Knoxville's vacancy rate, including seasonal lodging, is about 9.8%.
Average household size is 2.12 people.
The majority of houses, apartments or condos in Knoxville were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.10% |
| One Bedroom | 18.50% |
| Two Bedrooms | 36.60% |
| Three Bedrooms | 31.60% |
| Four Bedrooms | 8.50% |
| Five Bedrooms or more | 1.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $78,000 |
| Median Price asked for vacant units | $65,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $378 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 6% |
| Simple Mortgage | 49.40% |
| Debt Free | 37.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
