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Milford Mortgage Quotes And Real Estate


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Milford Mortgage and Real Estate Facts

Overview

House hunters in Milford will find an estimated 3,011 individual houses, condominiums, and apartments. Approximately 49% of housing in the city is owner-occupied.

Milford Mortgage

At least 72% of home owners in Milford are making mortgage payments. Like 21% of homeowners in the city, you might also use your home's equity with a second mortgage or home equity loan.

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

Milford Mortgage Statistics

CategoryValue
Homes With No Mortgage28%
With A Mortgage72%
First Mortgage Only52%
Second Mortgage or Home Equity Loan21%
Second Mortgage Only9%
Home Equity Loan Only11%

Milford Housing Expenses

CategoryValue
Owner Costs as % of Income17.7%
Median Real Estate Taxes (2000)$1,455

Milford Household Size

CategoryValue
Total Occupied3,011
1-Person Households43%
2-Person Households29%
3-Person Households13%
4-Person Households9%
5-Person Households4%
6-Person Households1%
7+-Person Households0%

Milford Housing Stock

CategoryValue
Median Year Built1967
Median Year Built (Owner Occupied)1959
Median Year Built (Renter Occupied)1970

Milford Home Heating

CategoryValue
Using Utility Co. Gas Heat59%
Using Bottled/Tank Gas Heat7%
Using Electric Heat16%
Using Oil Heat18%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating1%
No Heating0%

Milford Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom4%
2 Bedrooms32%
3 Bedrooms41%
4 Bedrooms19%
5+ Bedrooms4%

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