University Park, MD Real Estate
According to census data in the year 2000 there were 898 housing units in University Park.
This represents a 0.8% decline from 905 in 1990.
Of those housing units, 898 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in University Park is about 92.8%.
University Park's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in University Park were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 0% |
| Two Bedrooms | 8% |
| Three Bedrooms | 52.30% |
| Four Bedrooms | 28.70% |
| Five Bedrooms or more | 9.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.62 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $197,800 |
| Median Price asked for vacant units | $145,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1943 |
| Median Monthly Rent asked for vacant units | $1,125 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 51.40% |
| Debt Free | 33.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
