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Redwood Falls Apartments, Mortgage Quotes, And Real Estate


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Redwood Falls Mortgage and Real Estate Facts

Overview

Redwood Falls has 2,267 housing units, combining houses, condominiums, and apartments. About 74% of housing units in the city are owner-occupied.

Redwood Falls Mortgage

About 58% of owner-occupied housing units in Redwood Falls have a mortgage of one type or another. Approximately 14% of housing units in the city carry a second mortgage or home equity loan.

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

Redwood Falls Mortgage Statistics

CategoryValue
Homes With No Mortgage42%
With A Mortgage58%
First Mortgage Only44%
Second Mortgage or Home Equity Loan14%
Second Mortgage Only6%
Home Equity Loan Only8%

Redwood Falls Housing Expenses

CategoryValue
Owner Costs as % of Income14.3%
Median Real Estate Taxes (2000)$886

Redwood Falls Household Size

CategoryValue
Total Occupied2,267
1-Person Households35%
2-Person Households33%
3-Person Households13%
4-Person Households11%
5-Person Households6%
6-Person Households1%
7+-Person Households1%

Redwood Falls Housing Stock

CategoryValue
Median Year Built1964
Median Year Built (Owner Occupied)1960
Median Year Built (Renter Occupied)1970

Redwood Falls Home Heating

CategoryValue
Using Utility Co. Gas Heat69%
Using Bottled/Tank Gas Heat1%
Using Electric Heat20%
Using Oil Heat9%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Redwood Falls Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom1%
2 Bedrooms22%
3 Bedrooms52%
4 Bedrooms22%
5+ Bedrooms2%
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Redwood Falls Mortgage Rates

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