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 Type | 5.30% |
| One Bedroom | 43.20% |
| Two Bedrooms | 24.80% |
| Three Bedrooms | 23% |
| Four Bedrooms | 2.30% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1987 |
| Median Value of occupied units | $161,400 |
| Median Price asked for vacant units | $450,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1988 |
| Median Monthly Rent asked for vacant units | $725 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 9.10% |
| Simple Mortgage | 44.30% |
| Debt Free | 46.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.8% |
