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Martin's Additions, MD Real Estate


According to census data in the year 2000 there were 321 housing units in Martin's Additions. This represents a 0.9% decline from 324 in 1990.

Of those housing units, 321 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Martin's Additions is about 93.4%. Martin's Additions's vacancy rate, including seasonal lodging, is about 1.2%. Average household size is 2.82 people.

The majority of houses, apartments or condos in Martin's Additions were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom0.60%
Two Bedrooms3.70%
Three Bedrooms39.60%
Four Bedrooms38.30%
Five Bedrooms or more17.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1939
Median Value of occupied units$478,600

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1939
Median Monthly Rent asked for vacant units$1,875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage6.40%
Home Equity Loan20.80%
Simple Mortgage46.60%
Debt Free25.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16%