Nashville, TN Real Estate
According to census data in the year 2000 there were 242,474 housing units in Nashville.
This represents a 10.5% growth from 219,528 in 1990.
Of those housing units, 232,997 were located in either urbanized areas or urban clusters, and 9,477 were located in what is classified as a rural area.
Homeownership rate in Nashville is about 54.5%.
Nashville's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Nashville were built after 1972.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.49|
|Median year structure was built||1969|
|Median Value of occupied units||$113,300|
|Median Price asked for vacant units||$112,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.06|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$540|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||6.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.9%|