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Wellesley Mortgage Quotes And Real Estate


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Wellesley Mortgage and Real Estate Facts

Overview

House hunters in Wellesley will find an estimated 8,594 individual houses, condominiums, and apartments. Approximately 83% of housing in the town is owner-occupied.

Wellesley Mortgage

At least 69% of home owners in Wellesley 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 Wellesley area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Wellesley Mortgage Statistics

CategoryValue
Homes With No Mortgage31%
With A Mortgage69%
First Mortgage Only51%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only5%
Home Equity Loan Only13%

Wellesley Housing Expenses

CategoryValue
Owner Costs as % of Income17.4%
Median Real Estate Taxes (2000)$4,240

Wellesley Household Size

CategoryValue
Total Occupied8,594
1-Person Households21%
2-Person Households32%
3-Person Households17%
4-Person Households19%
5-Person Households9%
6-Person Households1%
7+-Person Households0%

Wellesley Housing Stock

CategoryValue
Median Year Built1946
Median Year Built (Owner Occupied)1946
Median Year Built (Renter Occupied)1949

Wellesley Home Heating

CategoryValue
Using Utility Co. Gas Heat54%
Using Bottled/Tank Gas Heat1%
Using Electric Heat2%
Using Oil Heat42%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Wellesley Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom1%
2 Bedrooms9%
3 Bedrooms37%
4 Bedrooms35%
5+ Bedrooms18%

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