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Tennessee Housing

 
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As of 2010-2014, median price of a house in Tennessee is $139,900, which is lower than the national average of $175,700. The Tennessee median house value has grown by 50.43% since 2000. The growth rate for the price of a house in Tennessee is higher than the national average rate of 46.91%. The median year that a house in Tennessee was built is 1981, which 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 1,669,953 Owner Occupied Houses in Tennessee, #35
Tennessee
139,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #31
Tennessee
50.43%
U.S.
46.91%
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

 Tennessee%U.S.
Total Housing Units2,839,142, see rank100%132,741,033
Occupied Housing Units2,487,34987.61%, see rank87.55%
Owner Occupied1,669,95358.82%, see rank56.34%
Renter Occupied817,39628.79%, see rank31.21%
Vacant Housing Units351,79312.39%, see rank12.45%
For Rent74,2252.61%, see rank2.34%
For Sale Only37,3571.32%, see rank1.20%
Rented or Sold, Not Occupied30,4941.07%, see rank0.92%
For Seasonal, Recreational, or Occasional Use69,1522.44%, see rank3.97%
For Migrant Workers5840.02%, see rank0.03%
Other Vacant139,9814.93%, see rank4.00%

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

Year Structure Built

Median Built Year, #14
TennesseeU.S.
19811976

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

 Tennessee%U.S.
Owner-Occupied Units1,669,953100%74,787,460
With a Mortgage1,028,69161.60%, see rank65.58%
Without a Mortgage641,26238.40%, see rank34.42%

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

Monthly Owner Costs for Housing Units with a Mortgage


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

Owner Costs Distribution
Monthly Owner CostsTennessee%U.S.
$299 or Less2,8790.28%, see rank0.20%
$300 to $49926,3492.56%, see rank1.59%
$500 to $69986,3498.39%, see rank5.01%
$700 to $999237,25123.06%, see rank14.32%
$1,000 to $1,499355,53834.56%, see rank27.90%
$1,500 to $1,999173,50216.87%, see rank20.35%
$2,000 to $2,999107,46310.45%, see rank19.52%
$3,000 or More39,3603.83%, see rank11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
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
 Tennessee%U.S.
10% or Less62,2476.05%, see rank5.86%
10% to 20%357,77134.78%, see rank31.95%
20% to 30%288,10128.01%, see rank27.64%
30% to 40%131,24712.76%, see rank13.74%
40% or More182,80817.77%, see rank20.29%

*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
Tennessee
359 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsTennessee%U.S.
$199 or Less68,19310.63%, see rank7.76%
$200 to $299149,92723.38%, see rank14.70%
$300 to $499273,32442.62%, see rank34.63%
$500 to $69997,12815.15%, see rank21.16%
$700 or More52,6908.22%, see rank21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
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
 Tennessee%U.S.
10% or Less290,72745.34%, see rank40.19%
10% to 20%200,34731.24%, see rank31.47%
20% to 30%69,52010.84%, see rank12.24%
30% to 40%30,1874.71%, see rank5.64%
40% or More42,6466.65%, see rank9.16%

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

Units in Structure

 Tennessee%U.S.
Total Housing Units2,839,142100%132,741,033
1-unit, Detached1,951,51468.74%, see rank61.65%
1-unit, Attached88,1573.11%, see rank5.82%
2 Units85,2433.00%, see rank3.75%
3 or 4 Units89,1023.14%, see rank4.43%
5 to 9 Units131,2424.62%, see rank4.78%
10 or More Units219,4717.73%, see rank13.08%
Mobile Home, Boat, RV, Van, etc.274,4139.67%, see rank6.49%

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

Rooms

 Tennessee%U.S.
Total Housing Units2,839,142100%132,741,033
1 Room30,6311.08%, see rank1.95%
2 Rooms40,6031.43%, see rank2.48%
3 Rooms191,5416.75%, see rank9.13%
4 Rooms464,23416.35%, see rank16.60%
5 Rooms634,94222.36%, see rank20.41%
6 Rooms546,75319.26%, see rank18.06%
7 Rooms369,64113.02%, see rank12.27%
8 Rooms245,1318.63%, see rank8.48%
9 Rooms or More315,66611.12%, see rank10.60%
Median Rooms5.60, see rank-5.50

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

Bedrooms

 Tennessee%U.S.
Total Housing Units2,839,142100%132,741,033
No Bedroom33,4921.18%, see rank2.17%
1 Bedroom220,8367.78%, see rank11.16%
2 Bedrooms757,19426.67%, see rank26.69%
3 Bedrooms1,324,84246.66%, see rank39.70%
4 Bedrooms405,18114.27%, see rank16.05%
5 or More Bedrooms97,5973.44%, see rank4.22%

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

House Heating Fuel

 Tennessee%U.S.
Total Housing Units2,487,349100%116,211,092
Utility Gas824,50833.15%, see rank48.85%
Bottled, Tank, or LP Gas107,7784.33%, see rank4.86%
Electricity1,479,28059.47%, see rank36.68%
Fuel Oil, Kerosene, etc.11,6510.47%, see rank5.86%
Coal or Coke9020.04%, see rank0.12%
Wood53,3532.14%, see rank2.12%
Solar Energy4910.02%, see rank0.05%
Other Fuel2,6730.11%, see rank0.47%
No Fuel Used6,7130.27%, see rank1.00%

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

Gross Rent

Monthly RentalTennessee%U.S.
Occupied Units Paying Rent747,962100%39,201,928
$199 or Less17,9862.40%, see rank1.50%
$200 to $29930,1744.03%, see rank3.18%
$300 to $49981,10910.84%, see rank7.37%
$500 to $699182,18924.36%, see rank16.01%
$700 to $999262,70035.12%, see rank29.17%
$1,000 to $1,499137,51518.39%, see rank26.88%
$1,500 to $1,99925,1083.36%, see rank9.79%
$2,000 or More11,1811.49%, see rank6.10%
Median$757, see rank-$920

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

Vehicle Available

 Tennessee%U.S.
Occupied Housing Units2,487,349100%116,211,092
No Vehicles Available159,0346.39%, see rank9.12%
1 Vehicles Available817,87132.88%, see rank33.80%
2 Vehicles Available951,55438.26%, see rank37.48%
3 or More Vehicles Available558,89022.47%, see rank19.61%

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


 
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