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Newport Mortgage Quotes And Real Estate Information


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Newport Mortgage and Real Estate Facts

Overview

There are 6,920 housing units in Newport. An estimated 44% of living spaces in the city are occupied by their owners, not by renters.

Newport Mortgage

In Newport, 67% of non-rental housing carries a mortgage. In the city 21% 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 Newport area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Newport Mortgage Statistics

CategoryValue
Homes With No Mortgage33%
With A Mortgage67%
First Mortgage Only46%
Second Mortgage or Home Equity Loan21%
Second Mortgage Only12%
Home Equity Loan Only9%

Newport Housing Expenses

CategoryValue
Owner Costs as % of Income17.8%
Median Real Estate Taxes (2000)$815

Newport Household Size

CategoryValue
Total Occupied6,920
1-Person Households36%
2-Person Households28%
3-Person Households17%
4-Person Households11%
5-Person Households5%
6-Person Households2%
7+-Person Households1%

Newport Housing Stock

CategoryValue
Median Year Built1939
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1947

Newport Home Heating

CategoryValue
Using Utility Co. Gas Heat93%
Using Bottled/Tank Gas Heat0%
Using Electric Heat6%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newport Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom8%
2 Bedrooms36%
3 Bedrooms42%
4 Bedrooms12%
5+ Bedrooms2%
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Newport Mortgage Rates

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