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Madisonville, TN Real Estate


According to census data in the year 2000 there were 1,785 housing units in Madisonville. This represents a 32.8% growth from 1,344 in 1990.

Of those housing units, 1,582 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.

Homeownership rate in Madisonville is about 66%. Madisonville's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Madisonville were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom9.60%
Two Bedrooms33.30%
Three Bedrooms46.20%
Four Bedrooms8.60%
Five Bedrooms or more1.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1973
Median Value of occupied units$76,300
Median Price asked for vacant units$52,500

Rented Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1985
Median Monthly Rent asked for vacant units$267

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan1.80%
Simple Mortgage37.80%
Debt Free57%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%