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Oliver Springs, TN Real Estate


According to census data in the year 2000 there were 1,466 housing units in Oliver Springs. This represents a 5.8% growth from 1,385 in 1990.

Of those housing units, 1,254 were located in either urbanized areas or urban clusters, and 212 were located in what is classified as a rural area.

Homeownership rate in Oliver Springs is about 75.6%. Oliver Springs's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Oliver Springs were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom4.40%
Two Bedrooms34.70%
Three Bedrooms51%
Four Bedrooms8.20%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1967
Median Value of occupied units$69,200
Median Price asked for vacant units$32,200

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1980
Median Monthly Rent asked for vacant units$99

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.50%
Home Equity Loan7.80%
Simple Mortgage37%
Debt Free45.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%