Home

Halfway, MD Real Estate


According to census data in the year 2000 there were 4,395 housing units in Halfway. This represents a 15.1% growth from 3,818 in 1990.

Of those housing units, 4,395 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Halfway is about 75.2%. Halfway's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Halfway were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom8.80%
Two Bedrooms27.80%
Three Bedrooms49.80%
Four Bedrooms11.90%
Five Bedrooms or more1.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1967
Median Value of occupied units$110,100
Median Price asked for vacant units$92,900

Rented Homes, Apartments and Condos

Average Household Size1.78
Median year structure was built1974
Median Monthly Rent asked for vacant units$467

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.60%
Home Equity Loan7.20%
Simple Mortgage42.90%
Debt Free39.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.9%