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Baltimore, MD Real Estate


According to census data in the year 2000 there were 300,477 housing units in Baltimore. This represents a 1.1% decline from 303,706 in 1990.

Of those housing units, 300,477 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Baltimore is about 50.3%. Baltimore's vacancy rate, including seasonal lodging, is about 14.1%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Baltimore were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type3.60%
One Bedroom19.40%
Two Bedrooms25.60%
Three Bedrooms40%
Four Bedrooms8%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1943
Median Value of occupied units$69,100
Median Price asked for vacant units$58,700

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1954
Median Monthly Rent asked for vacant units$408

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9%
Home Equity Loan6.50%
Simple Mortgage52.10%
Debt Free32.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%