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Silver Spring Mortgage Quotes And Real Estate


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Silver Spring Mortgage and Real Estate Facts

Overview

House hunters in Silver Spring will find an estimated 30,403 individual houses, condominiums, and apartments. Approximately 44% of housing in the town is owner-occupied.

Silver Spring Mortgage

At least 79% of home owners in Silver Spring are making mortgage payments. Like 18% of homeowners in the town, you might also use your home's equity with a second mortgage or home equity loan.

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

Silver Spring Mortgage Statistics

CategoryValue
Homes With No Mortgage21%
With A Mortgage79%
First Mortgage Only61%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only9%
Home Equity Loan Only9%

Silver Spring Housing Expenses

CategoryValue
Owner Costs as % of Income18.8%
Median Real Estate Taxes (2000)$2,219

Silver Spring Household Size

CategoryValue
Total Occupied30,403
1-Person Households33%
2-Person Households29%
3-Person Households15%
4-Person Households12%
5-Person Households6%
6-Person Households3%
7+-Person Households3%

Silver Spring Housing Stock

CategoryValue
Median Year Built1957
Median Year Built (Owner Occupied)1951
Median Year Built (Renter Occupied)1963

Silver Spring Home Heating

CategoryValue
Using Utility Co. Gas Heat85%
Using Bottled/Tank Gas Heat1%
Using Electric Heat10%
Using Oil Heat4%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Silver Spring Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom5%
2 Bedrooms17%
3 Bedrooms50%
4 Bedrooms22%
5+ Bedrooms5%

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