Gainesboro, TN Real Estate

According to census data in the year 2000 there were 439 housing units in Gainesboro. This represents a 11.3% decline from 495 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 439 were located in what is classified as a rural area.

Homeownership rate in Gainesboro is about 65.4%. Gainesboro's vacancy rate, including seasonal lodging, is about 15%. Average household size is 1.96 people.

The majority of houses, apartments or condos in Gainesboro were built after 1964.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.40%
Two Bedrooms31.40%
Three Bedrooms41%
Four Bedrooms10.50%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1961
Median Value of occupied units$67,400
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1974
Median Monthly Rent asked for vacant units$223

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan1.90%
Simple Mortgage35.30%
Debt Free62.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%