Bel Air South, MD Real Estate
According to census data in the year 2000 there were 15,384 housing units in Bel Air South.
This represents a 49.4% growth from 10,296 in 1990.
Of those housing units, 15,354 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.
Homeownership rate in Bel Air South is about 80.6%.
Bel Air South's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Bel Air South were built after 1987.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 7.90% |
| Two Bedrooms | 18.70% |
| Three Bedrooms | 45.60% |
| Four Bedrooms | 23% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1988 |
| Median Value of occupied units | $145,700 |
| Median Price asked for vacant units | $127,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1984 |
| Median Monthly Rent asked for vacant units | $623 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 11.30% |
| Simple Mortgage | 63.30% |
| Debt Free | 14.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.6% |
