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 Type | 3.60% |
| One Bedroom | 19.40% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 40% |
| Four Bedrooms | 8% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1943 |
| Median Value of occupied units | $69,100 |
| Median Price asked for vacant units | $58,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $408 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 52.10% |
| Debt Free | 32.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
