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Merrillville Mortgage Quotes And Real Estate


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Merrillville Mortgage and Real Estate Facts

Overview

There are 11,763 housing units in Merrillville. An estimated 71% of living spaces in the town are occupied by their owners, not by renters.

Merrillville Mortgage

In Merrillville, 73% of non-rental housing carries a mortgage. In the town 16% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.

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

Merrillville Mortgage Statistics

CategoryValue
Homes With No Mortgage27%
With A Mortgage73%
First Mortgage Only57%
Second Mortgage or Home Equity Loan16%
Second Mortgage Only9%
Home Equity Loan Only7%

Merrillville Housing Expenses

CategoryValue
Owner Costs as % of Income17.5%
Median Real Estate Taxes (2000)$1,190

Merrillville Household Size

CategoryValue
Total Occupied11,763
1-Person Households26%
2-Person Households32%
3-Person Households17%
4-Person Households15%
5-Person Households7%
6-Person Households2%
7+-Person Households1%

Merrillville Housing Stock

CategoryValue
Median Year Built1970
Median Year Built (Owner Occupied)1967
Median Year Built (Renter Occupied)1980

Merrillville Home Heating

CategoryValue
Using Utility Co. Gas Heat94%
Using Bottled/Tank Gas Heat1%
Using Electric Heat3%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Merrillville Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom1%
2 Bedrooms14%
3 Bedrooms65%
4 Bedrooms17%
5+ Bedrooms3%

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