Tennessee Housing
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.
House Value
Median Value of a Total of 1,669,953 Owner Occupied Houses in Tennessee, #35Tennessee | 139,900 USD |
U.S. | 175,700 USD |
Tennessee | 50.43% |
U.S. | 46.91% |
*Based on 2010-2014 data. View historical house value data.
Housing Occupancy
Tennessee | % | U.S. | |
Total Housing Units | 2,839,142, see rank | 100% | 132,741,033 |
Occupied Housing Units | 2,487,349 | 87.61%, see rank | 87.55% |
Owner Occupied | 1,669,953 | 58.82%, see rank | 56.34% |
Renter Occupied | 817,396 | 28.79%, see rank | 31.21% |
Vacant Housing Units | 351,793 | 12.39%, see rank | 12.45% |
For Rent | 74,225 | 2.61%, see rank | 2.34% |
For Sale Only | 37,357 | 1.32%, see rank | 1.20% |
Rented or Sold, Not Occupied | 30,494 | 1.07%, see rank | 0.92% |
For Seasonal, Recreational, or Occasional Use | 69,152 | 2.44%, see rank | 3.97% |
For Migrant Workers | 584 | 0.02%, see rank | 0.03% |
Other Vacant | 139,981 | 4.93%, see rank | 4.00% |
*Based on 2010-2014 data. View historical housing occupancy data.
Year Structure Built
Median Built Year, #14Tennessee | U.S. |
1981 | 1976 |
*Based on 2010-2014 data. View historical year structure built data.
Mortgage Status
Tennessee | % | U.S. | |
Owner-Occupied Units | 1,669,953 | 100% | 74,787,460 |
With a Mortgage | 1,028,691 | 61.60%, see rank | 65.58% |
Without a Mortgage | 641,262 | 38.40%, see rank | 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
Tennessee | 1,197 USD |
U.S. | 1,522 USD |
Owner Costs Distribution
Monthly Owner Costs | Tennessee | % | U.S. |
$299 or Less | 2,879 | 0.28%, see rank | 0.20% |
$300 to $499 | 26,349 | 2.56%, see rank | 1.59% |
$500 to $699 | 86,349 | 8.39%, see rank | 5.01% |
$700 to $999 | 237,251 | 23.06%, see rank | 14.32% |
$1,000 to $1,499 | 355,538 | 34.56%, see rank | 27.90% |
$1,500 to $1,999 | 173,502 | 16.87%, see rank | 20.35% |
$2,000 to $2,999 | 107,463 | 10.45%, see rank | 19.52% |
$3,000 or More | 39,360 | 3.83%, see rank | 11.12% |
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 Less | 62,247 | 6.05%, see rank | 5.86% |
10% to 20% | 357,771 | 34.78%, see rank | 31.95% |
20% to 30% | 288,101 | 28.01%, see rank | 27.64% |
30% to 40% | 131,247 | 12.76%, see rank | 13.74% |
40% or More | 182,808 | 17.77%, see rank | 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
Tennessee | 359 USD |
U.S. | 457 USD |
Owner Costs Distribution
Monthly Owner Costs | Tennessee | % | U.S. |
$199 or Less | 68,193 | 10.63%, see rank | 7.76% |
$200 to $299 | 149,927 | 23.38%, see rank | 14.70% |
$300 to $499 | 273,324 | 42.62%, see rank | 34.63% |
$500 to $699 | 97,128 | 15.15%, see rank | 21.16% |
$700 or More | 52,690 | 8.22%, see rank | 21.75% |
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 Less | 290,727 | 45.34%, see rank | 40.19% |
10% to 20% | 200,347 | 31.24%, see rank | 31.47% |
20% to 30% | 69,520 | 10.84%, see rank | 12.24% |
30% to 40% | 30,187 | 4.71%, see rank | 5.64% |
40% or More | 42,646 | 6.65%, see rank | 9.16% |
*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 Units | 2,839,142 | 100% | 132,741,033 |
1-unit, Detached | 1,951,514 | 68.74%, see rank | 61.65% |
1-unit, Attached | 88,157 | 3.11%, see rank | 5.82% |
2 Units | 85,243 | 3.00%, see rank | 3.75% |
3 or 4 Units | 89,102 | 3.14%, see rank | 4.43% |
5 to 9 Units | 131,242 | 4.62%, see rank | 4.78% |
10 or More Units | 219,471 | 7.73%, see rank | 13.08% |
Mobile Home, Boat, RV, Van, etc. | 274,413 | 9.67%, see rank | 6.49% |
*Based on 2010-2014 data. View historical units in structure data.
Rooms
Tennessee | % | U.S. | |
Total Housing Units | 2,839,142 | 100% | 132,741,033 |
1 Room | 30,631 | 1.08%, see rank | 1.95% |
2 Rooms | 40,603 | 1.43%, see rank | 2.48% |
3 Rooms | 191,541 | 6.75%, see rank | 9.13% |
4 Rooms | 464,234 | 16.35%, see rank | 16.60% |
5 Rooms | 634,942 | 22.36%, see rank | 20.41% |
6 Rooms | 546,753 | 19.26%, see rank | 18.06% |
7 Rooms | 369,641 | 13.02%, see rank | 12.27% |
8 Rooms | 245,131 | 8.63%, see rank | 8.48% |
9 Rooms or More | 315,666 | 11.12%, see rank | 10.60% |
Median Rooms | 5.60, see rank | - | 5.50 |
*Based on 2010-2014 data. View historical rooms data.
Bedrooms
Tennessee | % | U.S. | |
Total Housing Units | 2,839,142 | 100% | 132,741,033 |
No Bedroom | 33,492 | 1.18%, see rank | 2.17% |
1 Bedroom | 220,836 | 7.78%, see rank | 11.16% |
2 Bedrooms | 757,194 | 26.67%, see rank | 26.69% |
3 Bedrooms | 1,324,842 | 46.66%, see rank | 39.70% |
4 Bedrooms | 405,181 | 14.27%, see rank | 16.05% |
5 or More Bedrooms | 97,597 | 3.44%, see rank | 4.22% |
*Based on 2010-2014 data. View historical bedrooms data.
House Heating Fuel
Tennessee | % | U.S. | |
Total Housing Units | 2,487,349 | 100% | 116,211,092 |
Utility Gas | 824,508 | 33.15%, see rank | 48.85% |
Bottled, Tank, or LP Gas | 107,778 | 4.33%, see rank | 4.86% |
Electricity | 1,479,280 | 59.47%, see rank | 36.68% |
Fuel Oil, Kerosene, etc. | 11,651 | 0.47%, see rank | 5.86% |
Coal or Coke | 902 | 0.04%, see rank | 0.12% |
Wood | 53,353 | 2.14%, see rank | 2.12% |
Solar Energy | 491 | 0.02%, see rank | 0.05% |
Other Fuel | 2,673 | 0.11%, see rank | 0.47% |
No Fuel Used | 6,713 | 0.27%, see rank | 1.00% |
*Based on 2010-2014 data. View historical house heating fuel data.
Gross Rent
Monthly Rental | Tennessee | % | U.S. |
Occupied Units Paying Rent | 747,962 | 100% | 39,201,928 |
$199 or Less | 17,986 | 2.40%, see rank | 1.50% |
$200 to $299 | 30,174 | 4.03%, see rank | 3.18% |
$300 to $499 | 81,109 | 10.84%, see rank | 7.37% |
$500 to $699 | 182,189 | 24.36%, see rank | 16.01% |
$700 to $999 | 262,700 | 35.12%, see rank | 29.17% |
$1,000 to $1,499 | 137,515 | 18.39%, see rank | 26.88% |
$1,500 to $1,999 | 25,108 | 3.36%, see rank | 9.79% |
$2,000 or More | 11,181 | 1.49%, see rank | 6.10% |
Median | $757, see rank | - | $920 |
*Based on 2010-2014 data. View historical gross rent data.
Vehicle Available
Tennessee | % | U.S. | |
Occupied Housing Units | 2,487,349 | 100% | 116,211,092 |
No Vehicles Available | 159,034 | 6.39%, see rank | 9.12% |
1 Vehicles Available | 817,871 | 32.88%, see rank | 33.80% |
2 Vehicles Available | 951,554 | 38.26%, see rank | 37.48% |
3 or More Vehicles Available | 558,890 | 22.47%, see rank | 19.61% |
*Based on 2010-2014 data. View historical vehicle available data.