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Edgewood, MD Real Estate


According to census data in the year 2000 there were 8,832 housing units in Edgewood. This represents a 5% growth from 8,408 in 1990.

Of those housing units, 8,466 were located in either urbanized areas or urban clusters, and 366 were located in what is classified as a rural area.

Homeownership rate in Edgewood is about 65.9%. Edgewood's vacancy rate, including seasonal lodging, is about 6.1%. Average household size is 2.82 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom7.50%
Two Bedrooms26%
Three Bedrooms49.50%
Four Bedrooms14.60%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1978
Median Value of occupied units$101,400
Median Price asked for vacant units$83,900

Rented Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1975
Median Monthly Rent asked for vacant units$610

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage11.40%
Home Equity Loan9.10%
Simple Mortgage65.40%
Debt Free13.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%