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Solomons, MD Real Estate


According to census data in the year 2000 there were 871 housing units in Solomons.

Of those housing units, 871 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Solomons is about 56.4%. Solomons's vacancy rate, including seasonal lodging, is about 20.6%. Average household size is 1.83 people.

The majority of houses, apartments or condos in Solomons were built after 1995.

Statistics

Housing Size

Housing Units by Size
Studio Type3.10%
One Bedroom10.90%
Two Bedrooms36.90%
Three Bedrooms32.80%
Four Bedrooms15.20%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.97
Median year structure was built1993
Median Value of occupied units$202,800
Median Price asked for vacant units$176,600

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1996
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.80%
Home Equity Loan5.40%
Simple Mortgage64.30%
Debt Free19.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%