Chesapeake City, MD Real Estate
According to census data in the year 2000 there were 365 housing units in Chesapeake City.
This represents a 10.9% growth from 329 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 365 were located in what is classified as a rural area.
Homeownership rate in Chesapeake City is about 69.9%.
Chesapeake City's vacancy rate, including seasonal lodging, is about 12.6%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Chesapeake City were built after 1944.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.90% |
| Two Bedrooms | 28.50% |
| Three Bedrooms | 43.30% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.46 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $128,300 |
| Median Price asked for vacant units | $141,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.40% |
| Second Mortgage | 9% |
| Home Equity Loan | 9% |
| Simple Mortgage | 37.70% |
| Debt Free | 42.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
