Fairmount Heights, MD Real Estate
According to census data in the year 2000 there were 564 housing units in Fairmount Heights.
This represents a 5.2% growth from 536 in 1990.
Of those housing units, 564 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairmount Heights is about 77.6%.
Fairmount Heights's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 3.02 people.
The majority of houses, apartments or condos in Fairmount Heights were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 4.10% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 42.60% |
| Four Bedrooms | 20.90% |
| Five Bedrooms or more | 5% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.09 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $115,000 |
| Median Price asked for vacant units | $93,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $775 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 61.70% |
| Debt Free | 20.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
