Cloverly, MD Real Estate
According to census data in the year 2000 there were 2,532 housing units in Cloverly.
This represents a 1.6% growth from 2,493 in 1990.
Of those housing units, 2,532 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cloverly is about 87.9%.
Cloverly's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 3.2 people.
The majority of houses, apartments or condos in Cloverly were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.80% |
| Two Bedrooms | 5.50% |
| Three Bedrooms | 28.50% |
| Four Bedrooms | 51.70% |
| Five Bedrooms or more | 11.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $216,200 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.84 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $1,375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 13.20% |
| Home Equity Loan | 13.40% |
| Simple Mortgage | 55.40% |
| Debt Free | 17.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
