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Newton Mortgage Quotes And Real Estate Information


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Newton Mortgage and Real Estate Facts

Overview

In Newton there are 5,051 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 63%.

Newton Mortgage

In Newton, 63% of housing units (exluding rentals) have a mortgage. About 18% of houses and condos in the city have a home equity loan or second mortgage.

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

Newton Mortgage Statistics

CategoryValue
Homes With No Mortgage37%
With A Mortgage63%
First Mortgage Only45%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only6%
Home Equity Loan Only12%

Newton Housing Expenses

CategoryValue
Owner Costs as % of Income17.6%
Median Real Estate Taxes (2000)$744

Newton Household Size

CategoryValue
Total Occupied5,051
1-Person Households28%
2-Person Households34%
3-Person Households18%
4-Person Households12%
5-Person Households5%
6-Person Households1%
7+-Person Households2%

Newton Housing Stock

CategoryValue
Median Year Built1968
Median Year Built (Owner Occupied)1964
Median Year Built (Renter Occupied)1974

Newton Home Heating

CategoryValue
Using Utility Co. Gas Heat44%
Using Bottled/Tank Gas Heat4%
Using Electric Heat34%
Using Oil Heat16%
Using Coal0%
Using Wood Heating2%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newton Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms24%
3 Bedrooms58%
4 Bedrooms12%
5+ Bedrooms3%
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