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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 Type1.40%
One Bedroom4.10%
Two Bedrooms26.10%
Three Bedrooms42.60%
Four Bedrooms20.90%
Five Bedrooms or more5%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.09
Median year structure was built1961
Median Value of occupied units$115,000
Median Price asked for vacant units$93,300

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1974
Median Monthly Rent asked for vacant units$775

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.50%
Home Equity Loan6.20%
Simple Mortgage61.70%
Debt Free20.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%