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Mountain Lake Park, MD Real Estate


According to census data in the year 2000 there were 957 housing units in Mountain Lake Park. This represents a 26.9% growth from 754 in 1990.

Of those housing units, 935 were located in either urbanized areas or urban clusters, and 22 were located in what is classified as a rural area.

Homeownership rate in Mountain Lake Park is about 60.8%. Mountain Lake Park's vacancy rate, including seasonal lodging, is about 9.4%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Mountain Lake Park were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.90%
Two Bedrooms22.80%
Three Bedrooms44.40%
Four Bedrooms13.20%
Five Bedrooms or more4.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1970
Median Value of occupied units$80,300
Median Price asked for vacant units$48,300

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1984
Median Monthly Rent asked for vacant units$346

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4%
Home Equity Loan3.20%
Simple Mortgage57.90%
Debt Free34.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%