Riva, MD Real Estate
According to census data in the year 2000 there were 1,473 housing units in Riva.
This represents a 22.9% growth from 1,199 in 1990.
Of those housing units, 1,473 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Riva is about 95.5%.
Riva's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.78 people.
The majority of houses, apartments or condos in Riva were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 0.50% |
| Two Bedrooms | 13.60% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 39.40% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $218,600 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1959 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 12.80% |
| Home Equity Loan | 15.60% |
| Simple Mortgage | 56.60% |
| Debt Free | 14.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
