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Martin, TN Real Estate


According to census data in the year 2000 there were 4,097 housing units in Martin. This represents a 32% growth from 3,104 in 1990.

Of those housing units, 3,597 were located in either urbanized areas or urban clusters, and 500 were located in what is classified as a rural area.

Homeownership rate in Martin is about 51.3%. Martin's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Martin were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom14.80%
Two Bedrooms30.20%
Three Bedrooms41.90%
Four Bedrooms9%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1972
Median Value of occupied units$79,900
Median Price asked for vacant units$72,500

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1972
Median Monthly Rent asked for vacant units$353

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan4.60%
Simple Mortgage47.70%
Debt Free41.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%