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Mays Chapel, MD Real Estate


According to census data in the year 2000 there were 4,759 housing units in Mays Chapel. This represents a 12.3% growth from 4,238 in 1990.

Of those housing units, 4,759 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mays Chapel is about 86.2%. Mays Chapel's vacancy rate, including seasonal lodging, is about 1.8%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Mays Chapel were built after 1983.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom3.20%
Two Bedrooms21.50%
Three Bedrooms39.90%
Four Bedrooms26.50%
Five Bedrooms or more8.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1984
Median Value of occupied units$204,600
Median Price asked for vacant units$170,000

Rented Homes, Apartments and Condos

Average Household Size1.74
Median year structure was built1983
Median Monthly Rent asked for vacant units$702

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage7%
Home Equity Loan9.30%
Simple Mortgage57.50%
Debt Free25.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%