Manchester, MD Real Estate
According to census data in the year 2000 there were 1,178 housing units in Manchester.
This represents a 13.4% growth from 1,039 in 1990.
Of those housing units, 1,148 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in Manchester is about 79.8%.
Manchester's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.84 people.
The majority of houses, apartments or condos in Manchester were built after 1977.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 5.80% |
| Two Bedrooms | 18.90% |
| Three Bedrooms | 55.30% |
| Four Bedrooms | 15.60% |
| Five Bedrooms or more | 4% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $137,500 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.50% |
| Home Equity Loan | 14.10% |
| Simple Mortgage | 53.90% |
| Debt Free | 19.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
