Ft. Washington, MD Real Estate
According to census data in the year 2000 there were 8,579 housing units in Ft. Washington.
This represents a 9% growth from 7,874 in 1990.
Of those housing units, 8,570 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.
Homeownership rate in Ft. Washington is about 88.1%.
Ft. Washington's vacancy rate, including seasonal lodging, is about 4.5%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Ft. Washington were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 4.50% |
| Two Bedrooms | 7.70% |
| Three Bedrooms | 25% |
| Four Bedrooms | 42.10% |
| Five Bedrooms or more | 19.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.98 |
| Median year structure was built | 1975 |
| Median Value of occupied units | $172,400 |
| Median Price asked for vacant units | $188,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1971 |
| Median Monthly Rent asked for vacant units | $667 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 15% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 63.60% |
| Debt Free | 12.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
