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Billings Mortgage Quotes And Real Estate Information


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Billings Mortgage and Real Estate Facts

Overview

In Billings there are 37,401 places to live of various types. In the city, 64% of the houses and apartments are occupied by the owners, not rented out.

Billings Mortgage

About 70% of owner-occupied housing units in Billings have a mortgage of one type or another. Approximately 16% of housing units in the city carry a second mortgage or home equity loan.

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

Billings Mortgage Statistics

CategoryValue
Homes With No Mortgage30%
With A Mortgage70%
First Mortgage Only54%
Second Mortgage or Home Equity Loan16%
Second Mortgage Only9%
Home Equity Loan Only7%

Billings Housing Expenses

CategoryValue
Owner Costs as % of Income18.2%
Median Real Estate Taxes (2000)$1,383

Billings Household Size

CategoryValue
Total Occupied37,401
1-Person Households31%
2-Person Households35%
3-Person Households15%
4-Person Households12%
5-Person Households5%
6-Person Households1%
7+-Person Households1%

Billings Housing Stock

CategoryValue
Median Year Built1970
Median Year Built (Owner Occupied)1969
Median Year Built (Renter Occupied)1971

Billings Home Heating

CategoryValue
Using Utility Co. Gas Heat94%
Using Bottled/Tank Gas Heat1%
Using Electric Heat4%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Billings Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms22%
3 Bedrooms39%
4 Bedrooms25%
5+ Bedrooms10%
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