Overlea, MD Real Estate
According to census data in the year 2000 there were 5,226 housing units in Overlea.
This represents a 6.1% growth from 4,925 in 1990.
Of those housing units, 5,226 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Overlea is about 75.4%.
Overlea's vacancy rate, including seasonal lodging, is about 4.1%.
Average household size is 2.39 people.
The majority of houses, apartments or condos in Overlea were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 10.70% |
| Two Bedrooms | 27.90% |
| Three Bedrooms | 50.20% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $107,300 |
| Median Price asked for vacant units | $89,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $635 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.30% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 47.70% |
| Debt Free | 34.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.2% |
