Elkridge, MD Real Estate
According to census data in the year 2000 there were 8,733 housing units in Elkridge.
This represents a 56.7% growth from 5,574 in 1990.
Of those housing units, 8,733 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Elkridge is about 77.4%.
Elkridge's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Elkridge were built after 1989.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 8% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 43.90% |
| Four Bedrooms | 18% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $158,600 |
| Median Price asked for vacant units | $104,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1987 |
| Median Monthly Rent asked for vacant units | $833 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10.70% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 68.50% |
| Debt Free | 9.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
