Grasonville, MD Real Estate

According to census data in the year 2000 there were 947 housing units in Grasonville. This represents a 14.1% decline from 1,102 in 1990.

Of those housing units, 600 were located in either urbanized areas or urban clusters, and 347 were located in what is classified as a rural area.

Homeownership rate in Grasonville is about 69.9%. Grasonville's vacancy rate, including seasonal lodging, is about 7.7%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Grasonville were built after 1974.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom5.60%
Two Bedrooms23.50%
Three Bedrooms59.80%
Four Bedrooms9.20%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1969
Median Value of occupied units$117,800
Median Price asked for vacant units$105,700

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1979

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.70%
Home Equity Loan12.60%
Simple Mortgage41.80%
Debt Free33.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%