Lexington Park, MD Real Estate
According to census data in the year 2000 there were 4,705 housing units in Lexington Park.
This represents a 23.5% growth from 3,809 in 1990.
Of those housing units, 4,705 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lexington Park is about 28.6%.
Lexington Park's vacancy rate, including seasonal lodging, is about 14.9%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Lexington Park were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 13.10% |
| One Bedroom | 9.90% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 36.20% |
| Four Bedrooms | 11.20% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $118,100 |
| Median Price asked for vacant units | $64,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1979 |
| Median Monthly Rent asked for vacant units | $659 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 75.10% |
| Debt Free | 5.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
