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New Orleans Mortgage Quotes And Real Estate


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New Orleans Mortgage and Real Estate Facts

Overview

House hunters in New Orleans will find an estimated 188,251 individual houses, condominiums, and apartments. Approximately 46% of housing in the city is owner-occupied.

New Orleans Mortgage

At least 67% of home owners in New Orleans are making mortgage payments. Like 12% of homeowners in the city, you might also use your home's equity with a second mortgage or home equity loan.

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

New Orleans Mortgage Statistics

CategoryValue
Homes With No Mortgage33%
With A Mortgage67%
First Mortgage Only55%
Second Mortgage or Home Equity Loan12%
Second Mortgage Only8%
Home Equity Loan Only4%

New Orleans Housing Expenses

CategoryValue
Owner Costs as % of Income19.4%
Median Real Estate Taxes (2000)$199

New Orleans Household Size

CategoryValue
Total Occupied188,251
1-Person Households33%
2-Person Households28%
3-Person Households16%
4-Person Households12%
5-Person Households6%
6-Person Households2%
7+-Person Households2%

New Orleans Housing Stock

CategoryValue
Median Year Built1954
Median Year Built (Owner Occupied)1955
Median Year Built (Renter Occupied)1954

New Orleans Home Heating

CategoryValue
Using Utility Co. Gas Heat71%
Using Bottled/Tank Gas Heat1%
Using Electric Heat28%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

New Orleans Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom6%
2 Bedrooms26%
3 Bedrooms44%
4 Bedrooms18%
5+ Bedrooms5%

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