Farragut, TN Real Estate

According to census data in the year 2000 there were 6,687 housing units in Farragut. This represents a 50.1% growth from 4,456 in 1990.

Of those housing units, 6,678 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in Farragut is about 89.6%. Farragut's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.78 people.

The majority of houses, apartments or condos in Farragut were built after 1985.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom1.50%
Two Bedrooms10.20%
Three Bedrooms31.90%
Four Bedrooms43.70%
Five Bedrooms or more12.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1985
Median Value of occupied units$192,800
Median Price asked for vacant units$148,700

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1989
Median Monthly Rent asked for vacant units$797

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.30%
Home Equity Loan11.40%
Simple Mortgage57.50%
Debt Free22.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.6%