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Nashville, MI Real Estate


According to census data in the year 2000 there were 687 housing units in Nashville. This represents a 8.2% growth from 635 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 687 were located in what is classified as a rural area.

Homeownership rate in Nashville is about 68.2%. Nashville's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Nashville were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom15.10%
Two Bedrooms26.20%
Three Bedrooms41.50%
Four Bedrooms13.20%
Five Bedrooms or more3.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1939
Median Value of occupied units$72,300
Median Price asked for vacant units$80,000

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1949
Median Monthly Rent asked for vacant units$413

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.80%
Home Equity Loan4.40%
Simple Mortgage58%
Debt Free29.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%