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Milan Mortgage Quotes And Real Estate


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Milan Mortgage and Real Estate Facts

Overview

In Milan residents live in 3,193 "housing units" (houses, condos, rentals, etc.). According to the 2000 census, 63% of the housing in the city was owner-occupied.

Milan Mortgage

As with most places, mortgages are a fact of life for home owners in Milan; 52% of houses there have a mortgage. If you're thinking about using a second mortgage or home equity loan on your place in the city, you're not alone. About 11% of home owners have done that.

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

Milan Mortgage Statistics

CategoryValue
Homes With No Mortgage48%
With A Mortgage52%
First Mortgage Only41%
Second Mortgage or Home Equity Loan11%
Second Mortgage Only5%
Home Equity Loan Only5%

Milan Housing Expenses

CategoryValue
Owner Costs as % of Income15.3%
Median Real Estate Taxes (2000)$466

Milan Household Size

CategoryValue
Total Occupied3,193
1-Person Households31%
2-Person Households34%
3-Person Households18%
4-Person Households11%
5-Person Households4%
6-Person Households1%
7+-Person Households1%

Milan Housing Stock

CategoryValue
Median Year Built1965
Median Year Built (Owner Occupied)1965
Median Year Built (Renter Occupied)1966

Milan Home Heating

CategoryValue
Using Utility Co. Gas Heat66%
Using Bottled/Tank Gas Heat0%
Using Electric Heat32%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating1%
No Heating0%

Milan Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom1%
2 Bedrooms28%
3 Bedrooms55%
4 Bedrooms14%
5+ Bedrooms2%

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  • Multi-family
  • Condominium
  • Manufactured/mobile
 
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