Langley Park, MD Real Estate
According to census data in the year 2000 there were 4,716 housing units in Langley Park.
This represents a 18.6% decline from 5,792 in 1990.
Of those housing units, 4,716 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Langley Park is about 22.8%.
Langley Park's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 3.51 people.
The majority of houses, apartments or condos in Langley Park were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 13.30% |
| One Bedroom | 32.30% |
| Two Bedrooms | 33.30% |
| Three Bedrooms | 16.30% |
| Four Bedrooms | 3.40% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.67 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $125,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.47 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $600 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 4.40% |
| Simple Mortgage | 65.80% |
| Debt Free | 19% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.1% |
