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Walnut Hill, TN Real Estate


According to census data in the year 2000 there were 1,178 housing units in Walnut Hill. This represents a 8.8% decline from 1,291 in 1990.

Of those housing units, 650 were located in either urbanized areas or urban clusters, and 528 were located in what is classified as a rural area.

Homeownership rate in Walnut Hill is about 89.8%. Walnut Hill's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Walnut Hill were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.20%
Two Bedrooms26.70%
Three Bedrooms54%
Four Bedrooms15.80%
Five Bedrooms or more1.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1973
Median Value of occupied units$90,400
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1977

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage7.50%
Home Equity Loan8.70%
Simple Mortgage45.50%
Debt Free37.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%