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Bolivar, TN Real Estate


According to census data in the year 2000 there were 2,348 housing units in Bolivar. This represents a 11.9% growth from 2,098 in 1990.

Of those housing units, 2,168 were located in either urbanized areas or urban clusters, and 180 were located in what is classified as a rural area.

Homeownership rate in Bolivar is about 60.3%. Bolivar's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.39 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom13.60%
Two Bedrooms23.40%
Three Bedrooms50.90%
Four Bedrooms8.40%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1971
Median Value of occupied units$59,000
Median Price asked for vacant units$55,000

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1975
Median Monthly Rent asked for vacant units$308

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.90%
Home Equity Loan2%
Simple Mortgage53.70%
Debt Free35.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%