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Algonquin, MD Real Estate


According to census data in the year 2000 there were 623 housing units in Algonquin.

Of those housing units, 623 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Algonquin is about 91.9%. Algonquin's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Algonquin were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.10%
Two Bedrooms19.70%
Three Bedrooms64.70%
Four Bedrooms7.90%
Five Bedrooms or more5.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1964
Median Value of occupied units$130,200
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1957

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.60%
Home Equity Loan7.40%
Simple Mortgage37.80%
Debt Free48.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.9%