South Gate, MD Real Estate
According to census data in the year 2000 there were 11,773 housing units in South Gate.
This represents a 5.9% growth from 11,116 in 1990.
Of those housing units, 11,773 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Gate is about 50.1%.
South Gate's vacancy rate, including seasonal lodging, is about 4%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in South Gate were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 20.40% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 30.90% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.94 |
| Median year structure was built | 1976 |
| Median Value of occupied units | $133,500 |
| Median Price asked for vacant units | $146,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $642 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 10% |
| Simple Mortgage | 62.70% |
| Debt Free | 16.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
