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Roanoke Mortgage Quotes And Real Estate


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Roanoke Mortgage and Real Estate Facts

Overview

In Roanoke residents live in 1,148 "housing units" (houses, condos, rentals, etc.). According to the 2000 census, 67% of the housing in the city was owner-occupied.

Roanoke Mortgage

As with most places, mortgages are a fact of life for home owners in Roanoke; 81% 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 7% of home owners have done that.

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

Roanoke Mortgage Statistics

CategoryValue
Homes With No Mortgage19%
With A Mortgage81%
First Mortgage Only74%
Second Mortgage or Home Equity Loan7%
Second Mortgage Only2%
Home Equity Loan Only5%

Roanoke Housing Expenses

CategoryValue
Owner Costs as % of Income19.6%
Median Real Estate Taxes (2000)$1,690

Roanoke Household Size

CategoryValue
Total Occupied1,148
1-Person Households28%
2-Person Households30%
3-Person Households17%
4-Person Households18%
5-Person Households6%
6-Person Households0%
7+-Person Households1%

Roanoke Housing Stock

CategoryValue
Median Year Built1989
Median Year Built (Owner Occupied)1988
Median Year Built (Renter Occupied)1996

Roanoke Home Heating

CategoryValue
Using Utility Co. Gas Heat32%
Using Bottled/Tank Gas Heat7%
Using Electric Heat61%
Using Oil Heat0%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Roanoke Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom3%
2 Bedrooms14%
3 Bedrooms68%
4 Bedrooms14%
5+ Bedrooms0%

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