Loretto, TN Real Estate
According to census data in the year 2000 there were 718 housing units in Loretto.
This represents a 15.8% growth from 620 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 718 were located in what is classified as a rural area.
Homeownership rate in Loretto is about 79.3%.
Loretto's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Loretto were built after 1966.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1967|
|Median Value of occupied units||$66,500|
|Median Price asked for vacant units||$70,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$294|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||0.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||13.1%|