Lonaconing, MD Real Estate
According to census data in the year 2000 there were 563 housing units in Lonaconing.
This represents a 11.5% growth from 505 in 1990.
Of those housing units, 560 were located in either urbanized areas or urban clusters, and 3 were located in what is classified as a rural area.
Homeownership rate in Lonaconing is about 61.2%.
Lonaconing's vacancy rate, including seasonal lodging, is about 14.4%.
Average household size is 2.38 people.
The majority of houses, apartments or condos in Lonaconing were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 12.10% |
| Two Bedrooms | 33.40% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $50,300 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $216 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.70% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 42.80% |
| Debt Free | 54.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
