Chesapeake Beach, MD Real Estate
According to census data in the year 2000 there were 1,296 housing units in Chesapeake Beach.
This represents a 27.6% growth from 1,016 in 1990.
Of those housing units, 1,210 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.
Homeownership rate in Chesapeake Beach is about 77%.
Chesapeake Beach's vacancy rate, including seasonal lodging, is about 8.3%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Chesapeake Beach were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.60% |
| Two Bedrooms | 21.80% |
| Three Bedrooms | 51.30% |
| Four Bedrooms | 17.70% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $157,600 |
| Median Price asked for vacant units | $152,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $655 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 12.40% |
| Simple Mortgage | 67.10% |
| Debt Free | 12.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
