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Aspen Hill, MD Real Estate


According to census data in the year 2000 there were 18,571 housing units in Aspen Hill. This represents a 8.2% growth from 17,157 in 1990.

Of those housing units, 18,571 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Aspen Hill is about 67.2%. Aspen Hill's vacancy rate, including seasonal lodging, is about 2%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Aspen Hill were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom13.40%
Two Bedrooms19.30%
Three Bedrooms28.70%
Four Bedrooms27.60%
Five Bedrooms or more9.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1969
Median Value of occupied units$194,100
Median Price asked for vacant units$168,500

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1975
Median Monthly Rent asked for vacant units$841

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.60%
Home Equity Loan10.30%
Simple Mortgage61%
Debt Free21%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%