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Medina, TN Real Estate


According to census data in the year 2000 there were 448 housing units in Medina. This represents a 34.9% growth from 332 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 448 were located in what is classified as a rural area.

Homeownership rate in Medina is about 64.3%. Medina's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Medina were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom3.30%
Two Bedrooms43.10%
Three Bedrooms41.50%
Four Bedrooms11.20%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.41
Median year structure was built1962
Median Value of occupied units$70,500

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1968
Median Monthly Rent asked for vacant units$450

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.80%
Second Mortgage0.90%
Home Equity Loan4%
Simple Mortgage51.10%
Debt Free42.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%