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Redmond Apartments, Mortgage Quotes, And Real Estate


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Redmond Mortgage and Real Estate Facts

Overview

There are 19,129 housing units in Redmond. An estimated 55% of living spaces in the city are occupied by their owners, not by renters.

Redmond Mortgage

In Redmond, 84% of non-rental housing carries a mortgage. In the city 20% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.

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

Redmond Mortgage Statistics

CategoryValue
Homes With No Mortgage16%
With A Mortgage84%
First Mortgage Only63%
Second Mortgage or Home Equity Loan20%
Second Mortgage Only8%
Home Equity Loan Only12%

Redmond Housing Expenses

CategoryValue
Owner Costs as % of Income20.5%
Median Real Estate Taxes (2000)$2,623

Redmond Household Size

CategoryValue
Total Occupied19,129
1-Person Households30%
2-Person Households36%
3-Person Households15%
4-Person Households12%
5-Person Households4%
6-Person Households1%
7+-Person Households1%

Redmond Housing Stock

CategoryValue
Median Year Built1982
Median Year Built (Owner Occupied)1978
Median Year Built (Renter Occupied)1986

Redmond Home Heating

CategoryValue
Using Utility Co. Gas Heat71%
Using Bottled/Tank Gas Heat1%
Using Electric Heat27%
Using Oil Heat1%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Redmond Housing Size

CategoryValue
No Bedrooms1%
1 Bedroom5%
2 Bedrooms20%
3 Bedrooms36%
4 Bedrooms31%
5+ Bedrooms8%
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Redmond Mortgage Rates

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