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Edgemere, MD Real Estate


According to census data in the year 2000 there were 3,810 housing units in Edgemere. This represents a 7.7% growth from 3,537 in 1990.

Of those housing units, 3,810 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Edgemere is about 77.9%. Edgemere's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Edgemere were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom10.30%
Two Bedrooms33.40%
Three Bedrooms41.40%
Four Bedrooms10.60%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1955
Median Value of occupied units$124,800
Median Price asked for vacant units$100,400

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1959
Median Monthly Rent asked for vacant units$515

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.40%
Second Mortgage7.30%
Home Equity Loan8.20%
Simple Mortgage42.80%
Debt Free40.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%