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Roan Mountain, TN Real Estate


According to census data in the year 2000 there were 541 housing units in Roan Mountain. This represents a 6.5% growth from 508 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 541 were located in what is classified as a rural area.

Homeownership rate in Roan Mountain is about 79.7%. Roan Mountain's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.34 people.

The majority of houses, apartments or condos in Roan Mountain were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.90%
Two Bedrooms40.50%
Three Bedrooms48.60%
Four Bedrooms3.50%
Five Bedrooms or more1.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1972
Median Value of occupied units$77,300
Median Price asked for vacant units$48,000

Rented Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.50%
Home Equity Loan2.90%
Simple Mortgage38.10%
Debt Free56.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%