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Newport Mortgage Quotes And Real Estate Information


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Newport Mortgage and Real Estate Facts

Overview

There are 11,566 housing units in Newport. An estimated 42% of living spaces in the city are occupied by their owners, not by renters.

Newport Mortgage

In Newport, 69% 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 Newport area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Of Note

Newport Mortgage Statistics

CategoryValue
Homes With No Mortgage31%
With A Mortgage69%
First Mortgage Only52%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only7%
Home Equity Loan Only11%

Newport Housing Expenses

CategoryValue
Owner Costs as % of Income20.7%
Median Real Estate Taxes (2000)$2,865

Newport Household Size

CategoryValue
Total Occupied11,566
1-Person Households39%
2-Person Households33%
3-Person Households13%
4-Person Households9%
5-Person Households4%
6-Person Households1%
7+-Person Households1%

Newport Housing Stock

CategoryValue
Median Year Built1939
Median Year Built (Owner Occupied)1939
Median Year Built (Renter Occupied)1944

Newport Home Heating

CategoryValue
Using Utility Co. Gas Heat32%
Using Bottled/Tank Gas Heat0%
Using Electric Heat4%
Using Oil Heat63%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newport Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom5%
2 Bedrooms22%
3 Bedrooms41%
4 Bedrooms20%
5+ Bedrooms12%
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