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Newport News Mortgage Quotes And Real Estate


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Newport News Mortgage and Real Estate Facts

Overview

House hunters in Newport News will find an estimated 69,686 individual houses, condominiums, and apartments. Approximately 52% of housing in the city is owner-occupied.

Newport News Mortgage

At least 77% of home owners in Newport News are making mortgage payments. Like 18% of homeowners in the city, you might also use your home's equity with a second mortgage or home equity loan.

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

Newport News Mortgage Statistics

CategoryValue
Homes With No Mortgage23%
With A Mortgage77%
First Mortgage Only59%
Second Mortgage or Home Equity Loan18%
Second Mortgage Only11%
Home Equity Loan Only7%

Newport News Housing Expenses

CategoryValue
Owner Costs as % of Income20.5%
Median Real Estate Taxes (2000)$1,165

Newport News Household Size

CategoryValue
Total Occupied69,686
1-Person Households27%
2-Person Households32%
3-Person Households19%
4-Person Households14%
5-Person Households6%
6-Person Households2%
7+-Person Households1%

Newport News Housing Stock

CategoryValue
Median Year Built1973
Median Year Built (Owner Occupied)1971
Median Year Built (Renter Occupied)1975

Newport News Home Heating

CategoryValue
Using Utility Co. Gas Heat58%
Using Bottled/Tank Gas Heat1%
Using Electric Heat29%
Using Oil Heat10%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Newport News Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms15%
3 Bedrooms56%
4 Bedrooms24%
5+ Bedrooms3%

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