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Cleveland Mortgage Quotes And Real Estate


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Cleveland Mortgage and Real Estate Facts

Overview

There are 190,633 housing units in Cleveland. An estimated 49% of living spaces in the city are occupied by their owners, not by renters.

Cleveland Mortgage

In Cleveland, 68% of non-rental housing carries a mortgage. In the city 18% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.

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

Cleveland Mortgage Statistics

CategoryValue
Homes With No Mortgage32%
With A Mortgage68%
First Mortgage Only50%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only9%
Home Equity Loan Only9%

Cleveland Housing Expenses

CategoryValue
Owner Costs as % of Income20.1%
Median Real Estate Taxes (2000)$935

Cleveland Household Size

CategoryValue
Total Occupied190,633
1-Person Households35%
2-Person Households27%
3-Person Households16%
4-Person Households11%
5-Person Households6%
6-Person Households3%
7+-Person Households2%

Cleveland Housing Stock

CategoryValue
Median Year Built1941
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1945

Cleveland Home Heating

CategoryValue
Using Utility Co. Gas Heat97%
Using Bottled/Tank Gas Heat1%
Using Electric Heat2%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Cleveland Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms26%
3 Bedrooms48%
4 Bedrooms18%
5+ Bedrooms5%

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