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Prince Frederick, MD Real Estate


According to census data in the year 2000 there were 657 housing units in Prince Frederick. This represents a 6.5% growth from 617 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 657 were located in what is classified as a rural area.

Homeownership rate in Prince Frederick is about 22.2%. Prince Frederick's vacancy rate, including seasonal lodging, is about 6.8%. Average household size is 1.86 people.

The majority of houses, apartments or condos in Prince Frederick were built after 1988.

Statistics

Housing Size

Housing Units by Size
Studio Type5.30%
One Bedroom43.20%
Two Bedrooms24.80%
Three Bedrooms23%
Four Bedrooms2.30%
Five Bedrooms or more1.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1987
Median Value of occupied units$161,400
Median Price asked for vacant units$450,000

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1988
Median Monthly Rent asked for vacant units$725

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan9.10%
Simple Mortgage44.30%
Debt Free46.60%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%