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Newton Mortgage Quotes And Real Estate


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Newton Mortgage and Real Estate Facts

Overview

In Newton there are 6,719 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 69%.

Newton Mortgage

In Newton, 63% of housing units (exluding rentals) have a mortgage. About 14% of houses and condos in the city have a home equity loan or second mortgage.

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

Newton Mortgage Statistics

CategoryValue
Homes With No Mortgage37%
With A Mortgage63%
First Mortgage Only48%
Second Mortgage or Home Equity Loan14%
Second Mortgage Only7%
Home Equity Loan Only7%

Newton Housing Expenses

CategoryValue
Owner Costs as % of Income15.6%
Median Real Estate Taxes (2000)$1,279

Newton Household Size

CategoryValue
Total Occupied6,719
1-Person Households32%
2-Person Households36%
3-Person Households15%
4-Person Households12%
5-Person Households5%
6-Person Households1%
7+-Person Households0%

Newton Housing Stock

CategoryValue
Median Year Built1956
Median Year Built (Owner Occupied)1954
Median Year Built (Renter Occupied)1967

Newton Home Heating

CategoryValue
Using Utility Co. Gas Heat91%
Using Bottled/Tank Gas Heat1%
Using Electric Heat7%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newton Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom5%
2 Bedrooms30%
3 Bedrooms45%
4 Bedrooms17%
5+ Bedrooms3%

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