South Kensington, MD Real Estate
According to census data in the year 2000 there were 3,117 housing units in South Kensington.
This represents a 8.2% decline from 3,397 in 1990.
Of those housing units, 3,117 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 Kensington is about 90.1%.
South Kensington's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in South Kensington were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 2.10% |
| Two Bedrooms | 11.40% |
| Three Bedrooms | 45.30% |
| Four Bedrooms | 33.30% |
| Five Bedrooms or more | 7.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $286,600 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $1,344 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 12.80% |
| Simple Mortgage | 54.40% |
| Debt Free | 22.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
