Frostburg, MD Real Estate
According to census data in the year 2000 there were 3,033 housing units in Frostburg.
This represents a 0.3% growth from 3,023 in 1990.
Of those housing units, 2,997 were located in either urbanized areas or urban clusters, and 36 were located in what is classified as a rural area.
Homeownership rate in Frostburg is about 47.6%.
Frostburg's vacancy rate, including seasonal lodging, is about 10.1%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Frostburg were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 19.40% |
| Two Bedrooms | 23.50% |
| Three Bedrooms | 38.10% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $82,500 |
| Median Price asked for vacant units | $60,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $333 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 10% |
| Simple Mortgage | 38.10% |
| Debt Free | 45.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.4% |
