La Vale, MD Real Estate
According to census data in the year 2000 there were 2,045 housing units in La Vale.
This represents a 3.3% growth from 1,979 in 1990.
Of those housing units, 1,704 were located in either urbanized areas or urban clusters, and 341 were located in what is classified as a rural area.
Homeownership rate in La Vale is about 84%.
La Vale's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in La Vale were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.60% |
| Two Bedrooms | 20.80% |
| Three Bedrooms | 52.30% |
| Four Bedrooms | 20.40% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $91,100 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $450 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 6.50% |
| Simple Mortgage | 49.70% |
| Debt Free | 41.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.7% |
