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Mountain City, TN Real Estate


According to census data in the year 2000 there were 1,248 housing units in Mountain City. This represents a 18.9% growth from 1,050 in 1990.

Of those housing units, 1,156 were located in either urbanized areas or urban clusters, and 92 were located in what is classified as a rural area.

Homeownership rate in Mountain City is about 62.2%. Mountain City's vacancy rate, including seasonal lodging, is about 9.9%. Average household size is 2.03 people.

The majority of houses, apartments or condos in Mountain City were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom15.20%
Two Bedrooms33.70%
Three Bedrooms39.80%
Four Bedrooms8.70%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1971
Median Value of occupied units$75,800
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1977
Median Monthly Rent asked for vacant units$288

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan1.50%
Simple Mortgage38.40%
Debt Free55.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%