Arden-on-the-Severn, MD Real Estate
According to census data in the year 2000 there were 745 housing units in Arden-on-the-Severn.
This represents a 13.2% decline from 858 in 1990.
Of those housing units, 745 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Arden-on-the-Severn is about 92%.
Arden-on-the-Severn's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Arden-on-the-Severn were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 5.20% |
| Two Bedrooms | 10.70% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 28.50% |
| Five Bedrooms or more | 6% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $165,200 |
| Median Price asked for vacant units | $212,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.16 |
| Median year structure was built | 1958 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 21.60% |
| Simple Mortgage | 48.50% |
| Debt Free | 24.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.5% |
