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Cheverly, MD Real Estate


According to census data in the year 2000 there were 2,351 housing units in Cheverly. This represents a 7.2% growth from 2,193 in 1990.

Of those housing units, 2,351 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cheverly is about 70.7%. Cheverly's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Cheverly were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom10.70%
Two Bedrooms15.40%
Three Bedrooms49.40%
Four Bedrooms19.50%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1954
Median Value of occupied units$146,300
Median Price asked for vacant units$156,300

Rented Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1964
Median Monthly Rent asked for vacant units$736

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.20%
Home Equity Loan7.40%
Simple Mortgage68.50%
Debt Free14.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.1%