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Fairmount, TN Housing

 
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As of 2010-2014, median price of a house in Fairmount is $241,900, which is much higher than the state average of $139,900 and is higher than the national average of $175,700. The median year that a house in Fairmount was built is 1981, which is about the same as the median year for a house built in the state which is 1981 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 731 Owner Occupied Houses in Fairmount, TN, #21
Fairmount, TN
241,900 USD
Tennessee
139,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2005-2009, see rank
Fairmount, TN
-9.33%
Tennessee
50.43%
U.S.
46.91%

*The Fairmount, TN median house price growth rate is since 2005-2009. The Tennessee and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Fairmount, TNTennesseeU.S.
Total Housing Units917, see rank, 100%2,839,142132,741,033
Occupied Housing Units842, 91.82%, see rank87.61%87.55%
Owner Occupied731, 79.72%, see rank58.82%56.34%
Renter Occupied111, 12.10%, see rank28.79%31.21%
Vacant Housing Units75, 8.18%, see rank12.39%12.45%
For Rent0, 0.00%, see rank2.61%2.34%
For Sale Only0, 0.00%, see rank1.32%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.07%0.92%
For Seasonal, Recreational, or Occasional Use38, 4.14%, see rank2.44%3.97%
For Migrant Workers0, 0.00%, see rank0.02%0.03%
Other Vacant37, 4.03%, see rank4.93%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #126
Fairmount, TNTennesseeU.S.
198119811976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Fairmount, TN%TennesseeU.S.
Owner-Occupied Units731100%1,669,95374,787,460
With a Mortgage40955.95%, see rank61.60%65.58%
Without a Mortgage32244.05%, see rank38.40%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Fairmount, TN
1,777 USD
Tennessee
1,197 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFairmount, TN%TennesseeU.S.
$299 or Less112.69%, see rank0.28%0.20%
$300 to $49992.20%, see rank2.56%1.59%
$500 to $699245.87%, see rank8.39%5.01%
$700 to $9997718.83%, see rank23.06%14.32%
$1,000 to $1,4996014.67%, see rank34.56%27.90%
$1,500 to $1,99911227.38%, see rank16.87%20.35%
$2,000 to $2,9994611.25%, see rank10.45%19.52%
$3,000 or More7017.11%, see rank3.83%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fairmount, TN
17.00% of the Total Income
Tennessee
22.70% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fairmount, TN%TennesseeU.S.
10% or Less9723.72%, see rank6.05%5.86%
10% to 20%14134.47%, see rank34.78%31.95%
20% to 30%10224.94%, see rank28.01%27.64%
30% to 40%143.42%, see rank12.76%13.74%
40% or More5513.45%, see rank17.77%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Fairmount, TN
427 USD
Tennessee
359 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFairmount, TN%TennesseeU.S.
$199 or Less154.66%, see rank10.63%7.76%
$200 to $299278.39%, see rank23.38%14.70%
$300 to $49916651.55%, see rank42.62%34.63%
$500 to $6997021.74%, see rank15.15%21.16%
$700 or More4413.66%, see rank8.22%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fairmount, TN
10.00% of the Total Income
Tennessee
11.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Fairmount, TN%TennesseeU.S.
10% or Less20764.29%, see rank45.34%40.19%
10% to 20%5717.70%, see rank31.24%31.47%
20% to 30%134.04%, see rank10.84%12.24%
30% to 40%3410.56%, see rank4.71%5.64%
40% or More113.42%, see rank6.65%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Fairmount, TNTennesseeU.S.
Total Housing Units917, 100%2,839,142132,741,033
1-unit, Detached864, 94.22%, see rank68.74%61.65%
1-unit, Attached0, 0.00%, see rank3.11%5.82%
2 Units0, 0.00%, see rank3.00%3.75%
3 or 4 Units0, 0.00%, see rank3.14%4.43%
5 to 9 Units0, 0.00%, see rank4.62%4.78%
10 or More Units0, 0.00%, see rank7.73%13.08%
Mobile Home, Boat, RV, Van, etc.53, 5.78%, see rank9.67%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Fairmount, TNTennesseeU.S.
Total Housing Units917, 100%2,839,142132,741,033
1 Room0, 0.00%, see rank1.08%1.95%
2 Rooms0, 0.00%, see rank1.43%2.48%
3 Rooms9, 0.98%, see rank6.75%9.13%
4 Rooms87, 9.49%, see rank16.35%16.60%
5 Rooms184, 20.07%, see rank22.36%20.41%
6 Rooms151, 16.47%, see rank19.26%18.06%
7 Rooms177, 19.30%, see rank13.02%12.27%
8 Rooms85, 9.27%, see rank8.63%8.48%
9 Rooms or More224, 24.43%, see rank11.12%10.60%
Median Rooms6.70, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Fairmount, TNTennesseeU.S.
Total Housing Units917, 100%2,839,142132,741,033
No Bedroom0, 0.00%, see rank1.18%2.17%
1 Bedroom56, 6.11%, see rank7.78%11.16%
2 Bedrooms210, 22.90%, see rank26.67%26.69%
3 Bedrooms342, 37.30%, see rank46.66%39.70%
4 Bedrooms204, 22.25%, see rank14.27%16.05%
5 or More Bedrooms105, 11.45%, see rank3.44%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Fairmount, TNTennesseeU.S.
Total Housing Units842, 100%2,487,349116,211,092
Utility Gas262, 31.12%, see rank33.15%48.85%
Bottled, Tank, or LP Gas108, 12.83%, see rank4.33%4.86%
Electricity458, 54.39%, see rank59.47%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.47%5.86%
Coal or Coke0, 0.00%, see rank0.04%0.12%
Wood14, 1.66%, see rank2.14%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.11%0.47%
No Fuel Used0, 0.00%, see rank0.27%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalFairmount, TNTennesseeU.S.
Occupied Units Paying Rent62, 100%747,96239,201,928
$199 or Less0, 0.00%, see rank2.40%1.50%
$200 to $2990, 0.00%, see rank4.03%3.18%
$300 to $4990, 0.00%, see rank10.84%7.37%
$500 to $69916, 25.81%, see rank24.36%16.01%
$700 to $99946, 74.19%, see rank35.12%29.17%
$1,000 to $1,4990, 0.00%, see rank18.39%26.88%
$1,500 to $1,9990, 0.00%, see rank3.36%9.79%
$2,000 or More0, 0.00%, see rank1.49%6.10%
Median$816, see rank$757$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Fairmount, TNTennesseeU.S.
Occupied Housing Units842, 100%2,487,349116,211,092
No Vehicles Available45, 5.34%, see rank6.39%9.12%
1 Vehicles Available163, 19.36%, see rank32.88%33.80%
2 Vehicles Available393, 46.67%, see rank38.26%37.48%
3 or More Vehicles Available241, 28.62%, see rank22.47%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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