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Covington Mortgage Quotes And Real Estate


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Covington Mortgage and Real Estate Facts

Overview

In Covington there are 4,281 places to live. The city has, of course, a mix of various types of housing. Recently 51% of the livable housing units were owner-occupied.

Covington Mortgage

In Covington, 58% of housing units (exluding rentals) have a mortgage. Home equity loans and second mortgages are not rare in the city; about 8% of owners use them.

Mortgage and interest rate quotes for the Covington area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Covington Mortgage Statistics

CategoryValue
Homes With No Mortgage42%
With A Mortgage58%
First Mortgage Only50%
Second Mortgage or Home Equity Loan8%
Second Mortgage Only6%
Home Equity Loan Only2%

Covington Housing Expenses

CategoryValue
Owner Costs as % of Income17.7%
Median Real Estate Taxes (2000)$704

Covington Household Size

CategoryValue
Total Occupied4,281
1-Person Households27%
2-Person Households31%
3-Person Households17%
4-Person Households14%
5-Person Households6%
6-Person Households3%
7+-Person Households2%

Covington Housing Stock

CategoryValue
Median Year Built1971
Median Year Built (Owner Occupied)1968
Median Year Built (Renter Occupied)1973

Covington Home Heating

CategoryValue
Using Utility Co. Gas Heat76%
Using Bottled/Tank Gas Heat3%
Using Electric Heat21%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Covington Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms21%
3 Bedrooms61%
4 Bedrooms14%
5+ Bedrooms2%

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