Loudon, TN Real Estate

According to census data in the year 2000 there were 1,970 housing units in Loudon. This represents a 7.5% growth from 1,832 in 1990.

Of those housing units, 1,813 were located in either urbanized areas or urban clusters, and 157 were located in what is classified as a rural area.

Homeownership rate in Loudon is about 66%. Loudon's vacancy rate, including seasonal lodging, is about 7.8%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Loudon were built after 1961.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom9%
Two Bedrooms39.60%
Three Bedrooms41.30%
Four Bedrooms7.10%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1958
Median Value of occupied units$73,800
Median Price asked for vacant units$54,100

Rented Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1971
Median Monthly Rent asked for vacant units$511

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan1.30%
Simple Mortgage43.60%
Debt Free51.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%