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Covington Mortgage Quotes And Real Estate Information


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Covington Mortgage and Real Estate Facts

Overview

In Covington there are 2,835 places to live. The city has, of course, a mix of various types of housing. Recently 70% of the livable housing units were owner-occupied.

Covington Mortgage

In Covington, 49% of housing units (exluding rentals) have a mortgage. Home equity loans and second mortgages are not rare in the city; about 7% of owners use them.

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

Covington Mortgage Statistics

CategoryValue
Homes With No Mortgage51%
With A Mortgage49%
First Mortgage Only42%
Second Mortgage or Home Equity Loan7%
Second Mortgage Only2%
Home Equity Loan Only4%

Covington Housing Expenses

CategoryValue
Owner Costs as % of Income14.8%
Median Real Estate Taxes (2000)$371

Covington Household Size

CategoryValue
Total Occupied2,835
1-Person Households34%
2-Person Households35%
3-Person Households16%
4-Person Households10%
5-Person Households5%
6-Person Households1%
7+-Person Households0%

Covington Housing Stock

CategoryValue
Median Year Built1951
Median Year Built (Owner Occupied)1953
Median Year Built (Renter Occupied)1945

Covington Home Heating

CategoryValue
Using Utility Co. Gas Heat76%
Using Bottled/Tank Gas Heat1%
Using Electric Heat13%
Using Oil Heat7%
Using Coal0%
Using Wood Heating3%
Using Solar Heat0%
Other Heating0%
No Heating0%

Covington Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms32%
3 Bedrooms49%
4 Bedrooms13%
5+ Bedrooms3%
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