Herald Harbor, MD Real Estate
According to census data in the year 2000 there were 988 housing units in Herald Harbor.
This represents a 33% growth from 743 in 1990.
Of those housing units, 988 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Herald Harbor is about 85%.
Herald Harbor's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Herald Harbor were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 4.10% |
| Two Bedrooms | 19.80% |
| Three Bedrooms | 52% |
| Four Bedrooms | 17.50% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $182,100 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $1,830 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.70% |
| Home Equity Loan | 16.80% |
| Simple Mortgage | 55.30% |
| Debt Free | 15.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.6% |
