Pasadena, MD Real Estate
According to census data in the year 2000 there were 4,528 housing units in Pasadena.
This represents a 29% growth from 3,509 in 1990.
Of those housing units, 4,528 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pasadena is about 84.5%.
Pasadena's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Pasadena were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.40% |
| Two Bedrooms | 16.30% |
| Three Bedrooms | 40.60% |
| Four Bedrooms | 33.80% |
| Five Bedrooms or more | 3.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.84 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $170,500 |
| Median Price asked for vacant units | $270,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 13.90% |
| Home Equity Loan | 13.10% |
| Simple Mortgage | 56.80% |
| Debt Free | 15.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22% |
