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Eldersburg, MD Real Estate


According to census data in the year 2000 there were 9,399 housing units in Eldersburg. This represents a 185.9% growth from 3,288 in 1990.

Of those housing units, 7,571 were located in either urbanized areas or urban clusters, and 1,828 were located in what is classified as a rural area.

Homeownership rate in Eldersburg is about 89.1%. Eldersburg's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.92 people.

The majority of houses, apartments or condos in Eldersburg were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom4.40%
Two Bedrooms11.10%
Three Bedrooms45.10%
Four Bedrooms33.10%
Five Bedrooms or more6%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1982
Median Value of occupied units$174,800
Median Price asked for vacant units$118,000

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1978
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage12.10%
Home Equity Loan13.90%
Simple Mortgage57.20%
Debt Free16.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%