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Bowie, MD Real Estate


According to census data in the year 2000 there were 18,622 housing units in Bowie. This represents a 42.5% growth from 13,066 in 1990.

Of those housing units, 18,577 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.

Homeownership rate in Bowie is about 85.2%. Bowie's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Bowie were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom5%
Two Bedrooms9.70%
Three Bedrooms39.60%
Four Bedrooms37.80%
Five Bedrooms or more7.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1974
Median Value of occupied units$158,100
Median Price asked for vacant units$161,600

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1987
Median Monthly Rent asked for vacant units$825

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.40%
Home Equity Loan11.30%
Simple Mortgage65.60%
Debt Free12.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%