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Cleveland, TN Real Estate


According to census data in the year 2000 there were 16,452 housing units in Cleveland. This represents a 26.1% growth from 13,050 in 1990.

Of those housing units, 16,266 were located in either urbanized areas or urban clusters, and 186 were located in what is classified as a rural area.

Homeownership rate in Cleveland is about 52.3%. Cleveland's vacancy rate, including seasonal lodging, is about 8.7%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Cleveland were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom13.10%
Two Bedrooms34.40%
Three Bedrooms35.40%
Four Bedrooms11.60%
Five Bedrooms or more2.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1970
Median Value of occupied units$98,000
Median Price asked for vacant units$68,900

Rented Homes, Apartments and Condos

Average Household Size2.09
Median year structure was built1977
Median Monthly Rent asked for vacant units$368

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.20%
Home Equity Loan5.50%
Simple Mortgage47.50%
Debt Free41.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%