Savannah, TN Real Estate
According to census data in the year 2000 there were 3,167 housing units in Savannah.
This represents a 13.3% growth from 2,796 in 1990.
Of those housing units, 3,136 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.
Homeownership rate in Savannah is about 62%.
Savannah's vacancy rate, including seasonal lodging, is about 9.2%.
Average household size is 2.22 people.
The majority of houses, apartments or condos in Savannah were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 8.10% |
| Two Bedrooms | 28.80% |
| Three Bedrooms | 53.90% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $61,900 |
| Median Price asked for vacant units | $43,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $306 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.80% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 48.80% |
| Debt Free | 46.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.2% |
