Owings Mills, MD Real Estate
According to census data in the year 2000 there were 9,437 housing units in Owings Mills.
This represents a 130.1% growth from 4,102 in 1990.
Of those housing units, 9,437 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Owings Mills is about 48.3%.
Owings Mills's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.23 people.
The majority of houses, apartments or condos in Owings Mills were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 17% |
| Two Bedrooms | 38.50% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1994 |
| Median Value of occupied units | $141,700 |
| Median Price asked for vacant units | $122,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $756 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 75.50% |
| Debt Free | 11.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.7% |
