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Chesapeake Mortgage Quotes And Real Estate


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Chesapeake Mortgage and Real Estate Facts

Overview

People in Chesapeake are spread across 69,900 individual places to live. Owners occupy 75% of the housing units in the city.

Chesapeake Mortgage

About 84% of owner-occupied housing units in Chesapeake have a mortgage of one type or another. Approximately 23% of housing units in the city carry a second mortgage or home equity loan.

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

Chesapeake Mortgage Statistics

CategoryValue
Homes With No Mortgage16%
With A Mortgage84%
First Mortgage Only61%
Second Mortgage or Home Equity Loan23%
Second Mortgage Only14%
Home Equity Loan Only9%

Chesapeake Housing Expenses

CategoryValue
Owner Costs as % of Income21.9%
Median Real Estate Taxes (2000)$1,375

Chesapeake Household Size

CategoryValue
Total Occupied69,900
1-Person Households18%
2-Person Households31%
3-Person Households21%
4-Person Households19%
5-Person Households7%
6-Person Households3%
7+-Person Households1%

Chesapeake Housing Stock

CategoryValue
Median Year Built1982
Median Year Built (Owner Occupied)1982
Median Year Built (Renter Occupied)1980

Chesapeake Home Heating

CategoryValue
Using Utility Co. Gas Heat48%
Using Bottled/Tank Gas Heat3%
Using Electric Heat38%
Using Oil Heat9%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Chesapeake Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom1%
2 Bedrooms13%
3 Bedrooms49%
4 Bedrooms32%
5+ Bedrooms5%

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