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Winston-Salem Mortgage Quotes And Real Estate


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Winston-Salem Mortgage and Real Estate Facts

Overview

Winston Salem has 76,277 housing units, combining houses, condominiums, and apartments. About 56% of housing units in the city are owner-occupied.

Winston-Salem Mortgage

About 69% of owner-occupied housing units in Winston Salem have a mortgage of one type or another. Approximately 20% of housing units in the city carry a second mortgage or home equity loan.

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

Winston-Salem Mortgage Statistics

CategoryValue
Homes With No Mortgage31%
With A Mortgage69%
First Mortgage Only49%
Second Mortgage or Home Equity Loan20%
Second Mortgage Only8%
Home Equity Loan Only12%

Winston-Salem Housing Expenses

CategoryValue
Owner Costs as % of Income17.6%
Median Real Estate Taxes (2000)$1,095

Winston-Salem Household Size

CategoryValue
Total Occupied76,277
1-Person Households33%
2-Person Households33%
3-Person Households15%
4-Person Households11%
5-Person Households5%
6-Person Households2%
7+-Person Households1%

Winston-Salem Housing Stock

CategoryValue
Median Year Built1969
Median Year Built (Owner Occupied)1967
Median Year Built (Renter Occupied)1972

Winston-Salem Home Heating

CategoryValue
Using Utility Co. Gas Heat43%
Using Bottled/Tank Gas Heat2%
Using Electric Heat31%
Using Oil Heat24%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Winston-Salem Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms23%
3 Bedrooms54%
4 Bedrooms18%
5+ Bedrooms4%

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