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Morgantown Mortgage Quotes And Real Estate


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Morgantown Mortgage and Real Estate Facts

Overview

Morgantown has 10,873 housing units, combining houses, condominiums, and apartments. About 41% of housing units in the city are owner-occupied.

Morgantown Mortgage

About 59% of owner-occupied housing units in Morgantown have a mortgage of one type or another. Approximately 13% of housing units in the city carry a second mortgage or home equity loan.

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

Morgantown Mortgage Statistics

CategoryValue
Homes With No Mortgage41%
With A Mortgage59%
First Mortgage Only46%
Second Mortgage or Home Equity Loan13%
Second Mortgage Only5%
Home Equity Loan Only7%

Morgantown Housing Expenses

CategoryValue
Owner Costs as % of Income14.9%
Median Real Estate Taxes (2000)$521

Morgantown Household Size

CategoryValue
Total Occupied10,873
1-Person Households38%
2-Person Households35%
3-Person Households15%
4-Person Households8%
5-Person Households3%
6-Person Households1%
7+-Person Households0%

Morgantown Housing Stock

CategoryValue
Median Year Built1955
Median Year Built (Owner Occupied)1953
Median Year Built (Renter Occupied)1958

Morgantown Home Heating

CategoryValue
Using Utility Co. Gas Heat93%
Using Bottled/Tank Gas Heat0%
Using Electric Heat5%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Morgantown Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms21%
3 Bedrooms53%
4 Bedrooms20%
5+ Bedrooms5%

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