College Park, MD Real Estate
According to census data in the year 2000 there were 6,250 housing units in College Park.
This represents a 6.3% growth from 5,880 in 1990.
Of those housing units, 6,250 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in College Park is about 58%.
College Park's vacancy rate, including seasonal lodging, is about 3.3%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in College Park were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3% |
| One Bedroom | 15.20% |
| Two Bedrooms | 21% |
| Three Bedrooms | 32.50% |
| Four Bedrooms | 18% |
| Five Bedrooms or more | 10.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.73 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $141,300 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $548 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 8% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 55.50% |
| Debt Free | 29% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
