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Bethesda, MD Real Estate


According to census data in the year 2000 there were 24,364 housing units in Bethesda. This represents a 13.8% decline from 28,253 in 1990.

Of those housing units, 24,364 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Bethesda is about 69.2%. Bethesda's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Bethesda were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type3.20%
One Bedroom16.50%
Two Bedrooms17.70%
Three Bedrooms25.90%
Four Bedrooms23.70%
Five Bedrooms or more13.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1957
Median Value of occupied units$396,400
Median Price asked for vacant units$642,900

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1964
Median Monthly Rent asked for vacant units$1,265

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage10%
Home Equity Loan12.20%
Simple Mortgage48.60%
Debt Free28.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%