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Madras Mortgage Quotes And Real Estate


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Madras Mortgage and Real Estate Facts

Overview

People in Madras are spread across 1,752 individual places to live. Owners occupy 52% of the housing units in the city.

Madras Mortgage

About 71% of owner-occupied housing units in Madras have a mortgage of one type or another. Approximately 19% of housing units in the city carry a second mortgage or home equity loan.

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

Madras Mortgage Statistics

CategoryValue
Homes With No Mortgage29%
With A Mortgage71%
First Mortgage Only52%
Second Mortgage or Home Equity Loan19%
Second Mortgage Only9%
Home Equity Loan Only10%

Madras Housing Expenses

CategoryValue
Owner Costs as % of Income23%
Median Real Estate Taxes (2000)$1,150

Madras Household Size

CategoryValue
Total Occupied1,752
1-Person Households24%
2-Person Households31%
3-Person Households15%
4-Person Households15%
5-Person Households7%
6-Person Households4%
7+-Person Households4%

Madras Housing Stock

CategoryValue
Median Year Built1978
Median Year Built (Owner Occupied)1976
Median Year Built (Renter Occupied)1980

Madras Home Heating

CategoryValue
Using Utility Co. Gas Heat33%
Using Bottled/Tank Gas Heat0%
Using Electric Heat56%
Using Oil Heat4%
Using Coal0%
Using Wood Heating5%
Using Solar Heat0%
Other Heating2%
No Heating0%

Madras Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom14%
2 Bedrooms23%
3 Bedrooms54%
4 Bedrooms7%
5+ Bedrooms2%
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